Common use of GSK Unilateral Termination Rights Clause in Contracts

GSK Unilateral Termination Rights. GSK shall have the right, at its sole discretion and without any penalty or liability, exercisable at any time during the Term, to terminate this Agreement for any reason or no reason at all, (a) in its entirety upon six (6) months' prior written notice to Anacor, or (b) with respect to a Project, immediately upon written notice to Anacor, in each case (a) and (b) subject to the obligations set forth in Section 12.5.2.

GSK Unilateral Termination Rights. GSK shall have the right, at its sole discretion and without any penalty or liability, exercisable at any time during the Term, to terminate this Agreement either in its entirety or on a Program-by-Program basis, for any reason or for no reason at all, upon (a) in its entirety upon six (6) months' [ * ] prior written notice to AnacorDynavax if such notice is given [ * ], or (b) with respect to a Project, immediately upon [ * ] prior written notice to AnacorDynavax if such notice is given [ * ], in each case (a) and (b) subject to the obligations set forth in Section 12.5.2.

GSK Unilateral Termination Rights. GSK shall have the right, at its sole discretion and without any penalty or liability, exercisable at any time during the Term, to terminate this Agreement for any reason or no reason at all, (a) in its entirety upon six (6) months' prior [***] written notice to Anacor, or (b) with respect to a Project, immediately upon written notice to Anacor, in each case (a) and (b) subject to the obligations set forth in Section 12.5.2.

GSK Unilateral Termination Rights. GSK shall have the right, at its sole discretion and without any penalty or liability, exercisable at any time during the Term, to terminate this Agreement either in its entirety or on a Program-by-Program basis, for any reason or for no reason at all, (a) in its entirety upon six (6) months' * * * * * prior written notice to Anacor, or (b) with respect to a Project, immediately upon written notice to AnacorPROSENSA, in each case (a) and (b) subject to the obligations set forth in Section 12.5.212.5(b).

GSK Unilateral Termination Rights. GSK shall have the right, at its sole discretion and without any penalty or liability, exercisable at any time during the Term, to terminate this Agreement either in its entirety or on a Program-by-Program basis, for any reason or for no reason at all, upon (aone hundred and eighty (180) in its entirety upon six (6Calendar Days) months' prior written notice to Anacor, or (b) with respect to a Project, immediately upon written notice to AnacorPROSENSA, in each case (a) and (b) subject to the obligations set forth in Section 12.5.212.5(b).