Common use of Licensee Inventory Clause in Contracts

Licensee Inventory. Licensee shall have the right to sell its remaining inventory of Product as of the termination date so long as Licensee has fully paid, and continues to pay when due, all Royalties, Milestone Payments and Partnering Fees payments owed to ImmunoGen, and Licensee is otherwise not in material breach of this Agreement. Except with respect to the offering for sale, sale and import of the remaining inventory of Product described above, Licensee shall immediately cease, and shall cause its Affiliates and Sublicensees to cease, all Development, manufacture, use and Commercialization of Compounds and Products in the Territory.

Appears in 2 contracts

Samples: License Agreement (Fusion Pharmaceuticals Inc.), License Agreement (Fusion Pharmaceuticals Inc.)

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Licensee Inventory. Licensee shall will have the right to sell its remaining inventory of Product as of the termination date so long as Licensee has fully paid, and continues to pay when due, all Royalties, Royalties and Milestone Payments and Partnering Fees payments owed to ImmunoGenLicensor, and Licensee is otherwise not in material breach of this Agreement. Except with respect to the offering for sale, sale sale, and import of the remaining inventory of Product described above, Licensee shall will immediately cease, and shall will cause its Affiliates and Sublicensees to cease, all Development, manufactureManufacture, use use, and Commercialization of Compounds and Products in the Field in the Licensed Territory.

Appears in 1 contract

Samples: License Agreement (Pyxis Oncology, Inc.)

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Licensee Inventory. Licensee shall will have the right to sell its remaining inventory of Product as of the termination date so long as Licensee has fully paid, and continues to pay when due, all Royalties, Royalties and Milestone Payments and Partnering Fees payments owed to ImmunoGen, and Licensee is otherwise not in material breach of this Agreement. Except with respect to the offering for sale, sale and import of the remaining inventory of Product described above, Licensee shall will immediately cease, and shall will cause its Affiliates and Sublicensees to cease, all Development, manufacture, use and Commercialization of Compounds and Products in the Territory.

Appears in 1 contract

Samples: License Agreement (Miragen Therapeutics, Inc.)

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