Common use of No Adverse Circumstances Clause in Contracts

No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including any development with respect to the efficacy of the Products or the Intellectual Property or the use or expected future use of the same as opposed to competing products) that could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revenue Interests Assignment Agreement (Oscient Pharmaceuticals Corp), Revenue Interests Assignment Agreement (Oscient Pharmaceuticals Corp)

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No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including any development with respect to the efficacy of the Products or the licensed Intellectual Property or the use or expected future use of the same as opposed to competing products) that which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Ortec International Inc)

No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including any development with respect to the efficacy of the Products Product or the Intellectual Property or the use or expected future use of the same as opposed to competing products) that could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Acorda Therapeutics Inc)

No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including any development with respect to the efficacy of the Products or the Intellectual Property or the use or expected future use of the same as opposed to competing products) that could reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Royalty Interest Agreement (Ap Pharma Inc /De/)

No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including any development with respect to the efficacy of the Products or the licensed Intellectual Property or the use or expected future use of the same as opposed to competing products) that could which would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Orthovita Inc)

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No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including including, without limitation, any development with respect to the efficacy of the Products Licensed Product or the Intellectual Property validity or the use or expected future use enforceability of the same as opposed to competing productsIntellectual Property) that could would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (NeurogesX Inc)

No Adverse Circumstances. There shall not have occurred or be continuing any event or circumstance (including any development with respect to the efficacy of the Primary Products or the licensed Intellectual Property or the use or expected future use of the same as opposed to competing products) that could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revenue Interest Assignment Agreement (Guilford Pharmaceuticals Inc)

No Adverse Circumstances. There shall not have occurred or be ------------------------ continuing any event or circumstance (including any development with respect to the efficacy of the Products or the licensed Intellectual Property or the use or expected future use of the same as opposed to competing products) that could which would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Orthovita Inc)

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