Lilly Rights Upon Termination Sample Clauses

Lilly Rights Upon Termination. In the event of termination of ----------------------------- this Agreement by Lilly under Section 8.1(b), 8.1(d) or 8.1(e) or termination by Tularik under Section 8.1(a), [ * ]. Additionally, the [ * ]. Consequently, notwithstanding anything else contained in this Agreement to the contrary but subject to Tularik's rights in the Tularik Improvements, (A) [ * ] and (B) [ * ].
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Lilly Rights Upon Termination. In the event that the rights granted to ICAgen under the Lilly Agreement are terminated pursuant to the terms thereof, then with respect to Excluded area compound[**] and Products that consist of or contain as an active ingredient Collaboration Compounds that are Excluded area compound[**], Lilly shall have the right to enforce the obligations of BMS under this Agreement, and to receive all payments due from BMS hereunder, but in no event shall Lilly be responsible for any representations, warranties or obligations of ICAgen hereunder.
Sample 1Sample 2
Lilly Rights Upon Termination. In the event of termination of the entire Agreement by Lilly under Sections 9.1(b) or 9.1(d) or termination by Versicor under Section 9.1(a), payment by Versicor to Lilly of all amounts actually earned and accrued by Lilly but remaining unpaid as of the effective date of such termination shall be immediately accelerated and all such amounts shall be immediately due and payable by Versicor to Lilly on the date of termination. Additionally, the license granted by Lilly to Versicor shall immediately terminate and the ownership of the Product Data Package shall immediately revert back to Lilly with no further notice required on Lilly's behalf. Consequently, notwithstanding anything else contained in this Agreement to the contrary, (A) Lilly shall have the right, directly or indirectly, to make, use, sell, offer to sell and import the Product in the Territory and (B) Versicor shall have no further rights in the Product whatsoever.
Sample 1Sample 2

Related to Lilly Rights Upon Termination

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Actions Upon Termination Upon the termination of this Agreement, Issuer shall remove all references to any ODB Name, Branding and Content from the Issuer Site or Issuer Content and terminate all links on the Issuer Site to any ODB Site. ODB shall remove all references to Issuer Name, Branding and Content and terminate all links on the ODB Site to any Issuer Site. Each Party shall promptly return all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to the other Party, except as may be otherwise provided in this Agreement or required by Law.

  • Benefits Upon Termination If the Executive’s employment by the Company is terminated during the Period of Employment for any reason by the Company or by the Executive, or upon or following the expiration of the Period of Employment (in any case, the date that the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits except as follows:

  • Rights Upon Termination of Employment The terms which regulate the treatment of the International Participant's Restricted Stock Units upon termination of employment are set out in the Plan and in the Award Documents. In summary, upon the International Participant's termination of employment for any reason other than death, Disability or Retirement, any unvested Restricted Stock Units shall be forfeited and cancelled on the date of such termination of employment.

  • Obligations Upon Termination Upon termination of this Agreement, either party shall, at the request of the other party, return any document, material, database, equipment, or software containing the Confidential Information to the other party. If, for any reason, such document, material, database, equipment, or software cannot be returned, either party shall destroy all the Confidential Information belonging to the other party and delete such Confidential Information from any memory devices. No party shall be permitted to continue using the Confidential Information in any way after the termination of this Agreement.

  • Events Upon Termination Upon the expiration or termination of this Agreement for any reason, both parties shall immediately remove all links to the other party's Content and website(s) and cease all use of the other party's Marks and any and all use of any kind whatsoever of the other party's Content.

  • Certain Benefits Upon Termination Executive’s employment shall be terminated upon the earlier of (i) the voluntary resignation of Executive with or without Good Reason; (ii) Executive’s death or permanent disability; or (iii) upon the termination of Executive’s employment by LTC for any reason at any time. In the event of such termination, the below provisions of this Section 6 shall apply, and in the event of a Change in Control, whether or not Executive’s employment is terminated thereby, Section 6(b) shall apply.

  • Rights and Payments Upon Termination The Executive’s right to compensation and benefits for periods after the date on which his employment with the Company terminates for whatever reason (the “Termination Date”), shall be determined in accordance with this Section 6 as follows:

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Survival Upon Termination If this Agreement is terminated pursuant to this Article 11, such termination will be without any further liability or obligation of any party hereto, except as provided in Section 6.4, Section 7.3, Section 7.7, Article 10, Section 11.5 and Section 11.6.

Time is Money Join Law Insider Premium to draft better contracts faster.