Payability. All claims of the seller against the buyer are due immediately. Deliveries still to be done by the seller are payable by the buyer in advance.
Payability. JENNER shall pay to RCT an earned royalty for:
(a) all LICENSED PRODUCTS SOLD by or for JENNER and its AFFILIATES and SUBLICENSEES during the term of this Agreement; and
(b) all LICENSED PRODUCTS made before expiration or termination of this Agreement but SOLD by or for JENNER and its AFFILIATES and SUBLICENSEES after expiration or termination of this Agreement.
Payability. The Loan due by Borrower or the remainder thereof as well as the interest due in respect thereof shall be immediately due and payable, without notice of termination, notice of default, or observance of any other formality in the following cases:
(a) overdue or incomplete payment of the interest due or repayment on the maturity date in question, provided that the arrears amount to at least ten per cent (10%) of the principal sum;
(b) bankruptcy of or a (provisional) grant of suspension of payments to Borrower, or otherwise loss of the free disposal by Borrower of a (substantial) part of its capital, including attachment in respect of substantial debts that remains in force for more than two months;
(c) Borrower entering into a merger or implementing a division;
(d) discontinuation of the operations carried out by Borrower or transfer of the company managed by Borrower or a substantial part thereof to a third party;
