Common use of Full Force and Effect During Notice Period Clause in Contracts

Full Force and Effect During Notice Period. This Agreement shall remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if any milestone event is achieved during the termination notice period, then the corresponding milestone payment is accrued and Zai shall remain responsible for the payment of such milestone payment even if the due date of such milestone payment may come after the effective date of the termination.

Appears in 6 contracts

Samples: License and Collaboration Agreement (Zai Lab LTD), License and Collaboration Agreement (Zai Lab LTD), License and Collaboration Agreement (Zai Lab LTD)

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Full Force and Effect During Notice Period. This Agreement shall remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if any milestone event is achieved during the termination notice period, then the corresponding milestone payment is accrued and Zai Licensee shall remain responsible for the payment of such milestone payment even if the due date of such milestone payment may come after the effective date of the termination.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Verastem, Inc.), License and Collaboration Agreement (Verastem, Inc.), License and Collaboration Agreement (Verastem, Inc.)

Full Force and Effect During Notice Period. This Agreement shall remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if any milestone event Development Milestone Event is achieved during the termination notice period, then the corresponding milestone payment in respect of such Development Milestone Event is accrued and Zai Oncoheroes shall remain responsible for the payment of such milestone payment even if the due date of such milestone payment may come after the effective date of the termination.

Appears in 2 contracts

Samples: Exclusive License Agreement (Allarity Therapeutics, Inc.), Exclusive License Agreement (Allarity Therapeutics, Inc.)

Full Force and Effect During Notice Period. This Agreement shall will remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if Zai or any milestone event is achieved of its Affiliates or Sublicensees achieve any Milestone Event during the termination notice period, then the corresponding milestone payment Milestone Payment is accrued and Zai shall will remain responsible for the payment of such milestone payment Milestone Payment even if the due date of such milestone payment may come Milestone Payment occurs after the effective date of the termination.

Appears in 1 contract

Samples: License and Collaboration Agreement (Zai Lab LTD)

Full Force and Effect During Notice Period. This Agreement shall remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if any milestone event Performance Milestone Event or Sales Milestone Event is achieved during the termination notice period, then the corresponding milestone payment in respect of such Performance Milestone Event or Sales Milestone Payment (as applicable) is accrued and Zai Elanco shall remain responsible for the payment of such milestone payment even if the due date of such milestone payment may come after the effective date of the termination.

Appears in 1 contract

Samples: Exclusive License and Collaboration Agreement (Kindred Biosciences, Inc.)

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Full Force and Effect During Notice Period. This Agreement shall will remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if Torii or any milestone event is achieved of its Affiliates or Sublicensees achieve any Milestone Events during the termination notice period, then the corresponding milestone payment Milestone Payment is accrued and Zai shall Torii will remain responsible for the payment of such milestone payment Milestone Payment even if the due date of such milestone payment may come Milestone Payment occur after the effective date of the termination.

Appears in 1 contract

Samples: Commercialization and License Agreement (Biocryst Pharmaceuticals Inc)

Full Force and Effect During Notice Period. This Agreement shall remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if any milestone event is achieved during the termination notice period, then the corresponding milestone payment is accrued and Zai Ahon shall remain responsible for the payment of such milestone payment even if the due date of such milestone payment may come after the effective date of the termination. [***] Indicates portions of this exhibit that have been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

Appears in 1 contract

Samples: License and Collaboration Agreement (DiaMedica Therapeutics Inc.)

Full Force and Effect During Notice Period. This Agreement shall remain in full force and effect until the expiration of the applicable termination notice period. For clarity, if any milestone event is achieved during the termination notice period, then the corresponding milestone payment is accrued and Zai Ahon shall remain responsible for the payment of such milestone payment even if the due date of such milestone payment may come after the effective date of the termination.

Appears in 1 contract

Samples: License and Collaboration Agreement (DiaMedica Therapeutics Inc.)

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