Common use of Licensee Inventory Clause in Contracts

Licensee Inventory. Licensee shall have the right to sell its remaining inventory of any Product so long as Licensee has fully paid, and continues to pay when due, all Royalties, Milestone Payments, and Transaction Completion Payments, as applicable, and Licensee is otherwise not in material breach of this Agreement.

Appears in 3 contracts

Samples: License Agreement (SpringWorks Therapeutics, Inc.), License Agreement (SpringWorks Therapeutics, Inc.), License Agreement

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Licensee Inventory. Licensee shall have the right to sell its remaining inventory of any Product so long as Licensee has fully paid, and continues to pay when due, all Royalties, Milestone Payments, Payments and any Transaction Completion Payments, as applicablePayment owed to Pfizer, and Licensee is otherwise not in material breach of this Agreement.

Appears in 2 contracts

Samples: License Agreement (JATT Acquisition Corp), License Agreement (JATT Acquisition Corp)

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Licensee Inventory. Licensee shall have the right to sell its remaining inventory of any Product so long as Licensee has fully paid, and continues to pay when due, all Royalties, Milestone Payments, Change of Control Payment and Significant Transaction Completion Payments, as applicablePayment payments owed to Pfizer, and Licensee is otherwise not in material breach of this Agreement.

Appears in 1 contract

Samples: License Agreement (Talaris Therapeutics, Inc.)

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