Common use of Further Sales Clause in Contracts

Further Sales. Licensee may continue to sell its remaining inventory of the Licensed Product for a period of *** from the effective date of such termination, subject to the payment of royalties pursuant to Section 8.7. Licensee covenants that promptly after such *** period it and its Affiliates and former Sublicensees hereunder shall cease to sell, and thereafter shall not sell, any Licensed Products or Licensed Molecules.

Appears in 3 contracts

Samples: Development and License Agreement (Immunomedics Inc), Development and License Agreement (Immunomedics Inc), Development and License Agreement (Immunomedics Inc)

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Further Sales. Licensee may continue to sell its remaining inventory of the Licensed Product for a period of **[ * ] from the effective date of such termination, subject to the payment of royalties pursuant to Section 8.7. Licensee covenants that promptly after such **[ * ] period it and its Affiliates and former Sublicensees hereunder shall cease to sell, and thereafter shall not sell, any Licensed Products or Licensed Molecules.

Appears in 1 contract

Samples: Development and License Agreement (Seattle Genetics Inc /Wa)

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Further Sales. Licensee may continue to sell its remaining inventory of the Licensed Product for a period of [*** ] from the effective date of such termination, subject to the payment of royalties pursuant to Section 8.7. Licensee covenants that promptly after such [*** ] period it and its Affiliates and former Sublicensees hereunder shall cease to sell, and thereafter shall not sell, any Licensed Products or Licensed Molecules.

Appears in 1 contract

Samples: Development and License Agreement (Seattle Genetics Inc /Wa)

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