Common use of Post-Termination Use of ANDA Clause in Contracts

Post-Termination Use of ANDA. If this Agreement is terminated due to a breach by Xxxx pursuant to Section 14.2 (b), or Xxxx terminates this Agreement at the end of the Initial Term or any subsequent Renewal Term pursuant to Section 14.1, or Xxxx terminates this Agreement pursuant to Subsections 14.2 (d)(i)(iv) or (v): (a) Xxxx shall cease the Commercialization of the Product upon the termination or expiration of this Agreement; provided, however, Xxxx shall be entitled to continue to sell its remaining inventory, on the terms of this Agreement. For any sale of remaining inventory of the Product, Xxxx shall continue to make payments to Corium as provided in Section 9.1; and (b) In the event that an ANDA has been filed for a particular Product the development of which is terminated by Xxxx, Xxxx shall assign such ANDA to Corium.

Appears in 4 contracts

Samples: Development, Manufacturing and Commercialization Agreement, Development, Manufacturing and Commercialization Agreement (Corium International, Inc.), Development, Manufacturing and Commercialization Agreement (Corium International, Inc.)

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Post-Termination Use of ANDA. If this Agreement is terminated due to a breach by Xxxx pursuant to Section 14.2 (b13.2(b), or Xxxx terminates this Agreement at the end of the Initial Term or any subsequent Renewal Term pursuant to Section 14.113.1, or Xxxx terminates this Agreement pursuant to Subsections 14.2 subsections 13.2(d)(i), (d)(i)(iviv) or (v): (a) Xxxx shall cease the Commercialization of the Product upon the termination or expiration of this Agreement; provided, however, Xxxx shall be entitled to continue to sell its remaining inventory, on the terms of this Agreement. For any sale of remaining inventory of the Product, Xxxx shall continue to make payments to Corium on such sales as provided in Section 9.18.1; and (b) In the event that an ANDA has been filed for a particular Product the development of which is terminated by XxxxProduct, Xxxx shall assign such ANDA to Corium.

Appears in 3 contracts

Samples: Development, Manufacturing and Commercialization Agreement (Corium International, Inc.), Development, Manufacturing and Commercialization Agreement (Corium International, Inc.), Development, Manufacturing and Commercialization Agreement (Corium International, Inc.)

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Post-Termination Use of ANDA. If this Agreement is terminated due to a breach by Xxxx pursuant to Section 14.2 (b13.2(b), or Xxxx terminates this Agreement at the end of the Initial Term or any subsequent Renewal Term pursuant to Section 14.113.1, or Xxxx terminates this Agreement pursuant to Subsections 14.2 subsections 13.2(d)(i), (d)(i)(iviv) or (v): (a) Xxxx shall cease the Commercialization of the Product upon the termination or expiration of this Agreement; provided, however, Xxxx shall be entitled to continue to sell its remaining inventory, on the terms of this Agreement. For any sale of remaining inventory of the Product, Xxxx shall continue to make payments to Corium on such sales as provided in Section 9.18.1; and (b) In the event that an ANDA has been filed for a particular Product the development of which is terminated by XxxxProduct, Xxxx shall assign such ANDA to Corium. *Confidential Treatment Requested.

Appears in 1 contract

Samples: Development, Manufacturing and Commercialization Agreement

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