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)
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)
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)