Common use of Pre-Existing Agreements Clause in Contracts

Pre-Existing Agreements. Promptly after the Closing Date, Amgen shall assign the Pre-Existing Agreements to Company, to the extent it has the right under such agreement(s) to do so (and will use commercially reasonable efforts to obtain any required consents). Until the effective date of such assignment or sublicense, as applicable, (a) Company agrees to perform, or assist Amgen in performing, Amgen’s obligations under such agreement, and (b) Amgen agrees to use reasonable efforts to provide Company with any rights Amgen receives under such agreement and sublicense, as applicable.

Pre-Existing Agreements. Promptly after the Closing Date, Amgen shall assign the Pre-Existing Agreements to CompanyCompany (or, in the case of [*], shall [*]), to the extent it has the right under such agreement(s) to do so (and will use commercially reasonable efforts to obtain any required consents). Until the effective date of such assignment or sublicense, as applicable, (a) Company agrees to perform, or assist Amgen in performing, Amgen’s obligations (and, in the case of [*], Company agrees to [*]) under such agreement, and (b) Amgen agrees to use reasonable efforts to provide Company with any rights Amgen receives under such agreement and sublicense, as applicable.