Common use of Notice of Impracticability Clause in Contracts

Notice of Impracticability. Should either Xxxxxxxxx or Nestlé determine that the performance of any portion of the Research has become Impracticable it will immediately notify the other Parties in writing, specifying in reasonable detail (i) the event or circumstance that has rendered the conduct of such Research Impracticable, (ii) the scope and extent of the Research affected thereby, (iii) the expected duration of such event or circumstance and (iv) the measures that Xxxxxxxxx or Nestlé (as the case may be) proposes to undertake to avoid or minimize the effect of such event or circumstance on its ability to perform such Research hereunder. Xxxxxxxxx and/or Nestlé (as the case may be) will, as promptly as reasonably practicable, resume performing such Research once the performance of the relevant portion of Research is no longer Impracticable. The Parties will negotiate in good faith any reduction that any Party reasonably believes should be made to the compensation under ARTICLE 6 as a result of such Impracticability.

Appears in 4 contracts

Samples: License Agreement (Hutchison China MediTech LTD), License Agreement (Hutchison China MediTech LTD), License Agreement (Hutchison China MediTech LTD)

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