Common use of Licensed Product Reversion Clause in Contracts

Licensed Product Reversion. Upon termination of this Agreement in its entirety by Merck for any reason or by Licensee pursuant to Section 12.02, at Merck’s option and upon Merck’s written request, the following provisions shall apply:

Appears in 3 contracts

Samples: Exclusive License Agreement (Lumos Pharma, Inc.), License Agreement (TESARO, Inc.), License Agreement (TESARO, Inc.)

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Licensed Product Reversion. Upon termination of this Agreement in its entirety by Merck for any reason as a result of a breach of Section 2.02 or by Licensee Tigercat pursuant to Section 12.02, at Merck’s option and upon Merck’s written request, the following provisions shall apply:

Appears in 3 contracts

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

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Licensed Product Reversion. Upon termination of this Agreement in its entirety by Merck for any reason or by Licensee pursuant to Section 12.02, at Merck’s option and upon Merck’s written request, and at its expense, the following provisions shall apply:

Appears in 2 contracts

Samples: Exclusive Patent And (Cerecor Inc.), Exclusive Patent And (Cerecor Inc.)

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