Common use of No Breaches or Defaults Clause in Contracts

No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License either by the Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement (Immunomedics Inc)

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No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License In-License either by the Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Vivus Inc), Purchase and Sale Agreement (Vivus Inc)

No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License Third Party Agreement either by the Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Vivus Inc), Purchase and Sale Agreement (Vivus Inc)

No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License of the Assigned Agreements either by the Seller (or any predecessor thereof) or, to the Knowledge of the Seller, by the respective counterparty any other party thereto (or any predecessor thereof) thereto), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreementany other party thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ligand Pharmaceuticals Inc)

No Breaches or Defaults. There is and has been no No material breach or default under any provision of any Existing In‑License Specified Agreement exists or has occurred, either by the such Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the such Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.. ​ ​ ​

Appears in 1 contract

Samples: Purchase and Sale Agreement (Albireo Pharma, Inc.)

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No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License the Manufacturing Agreements either by the Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.

Appears in 1 contract

Samples: Revenue Participation Agreement (Sunesis Pharmaceuticals Inc)

No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License License either by the Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and and, to the Knowledge of the Seller, there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (ADC Therapeutics SA)

No Breaches or Defaults. There is and has been no material breach or default under any provision of any Existing In‑License In-License either by the Seller or, to the Knowledge of the Seller, by the respective counterparty (or any predecessor thereof) thereto, and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the Seller or, to the Knowledge of the Seller, by the respective counterparty to such agreement.

Appears in 1 contract

Samples: Funding Agreement (Biohaven Pharmaceutical Holding Co Ltd.)

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