Common use of Liability Following Termination Clause in Contracts

Liability Following Termination. In the event that either Party has rights to a Collaboration Product following termination of this Agreement, such Party shall be solely responsible for all liabilities associated with such Collaboration Product arising after the effectiveness of such termination.

Appears in 4 contracts

Samples: Row Territory License Agreement (New River Pharmaceuticals Inc), Collaboration Agreement (New River Pharmaceuticals Inc), Collaboration Agreement (Shire Pharmaceuticals Group PLC)

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Liability Following Termination. In the event that either Party has worldwide rights to a Collaboration Product following termination of this Agreement, such Party shall be solely responsible for all liabilities associated with such Collaboration Product arising after the effectiveness of such termination.

Appears in 1 contract

Samples: Collaboration Agreement (Shire Pharmaceuticals Group PLC)

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