Common use of Remaining Licensed Product Clause in Contracts

Remaining Licensed Product. Upon any termination of this Agreement, Licensee shall have the right for [*] to sell all Licensed Product then on hand, and to complete all orders for such Licensed Product then on hand, and royalties shall be paid to GenuPro with respect to such Licensed Product as though this Agreement had not terminated.

Appears in 6 contracts

Samples: License Agreement (Furiex Pharmaceuticals, Inc.), License Agreement (Furiex Pharmaceuticals, Inc.), License Agreement (Furiex Pharmaceuticals, Inc.)

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