Common use of Requirement to Divest Clause in Contracts

Requirement to Divest. If Roche is required by a relevant government authority in a given country of the Territory to divest rights to a Memory Compound and/or Product with respect to which Roche has not commenced the Initiation of Phase III, then Roche shall use its reasonable best efforts to obtain authority to fulfill such requirement by returning rights to Memory to the Memory Compound and/or Product in accordance with Section 16.5.

Requirement to Divest. If Roche is required by a relevant government authority in a given country of the Territory to divest rights to a Memory Compound, Compound 3454, 3454 Product, and/or a Memory Product with respect to which Roche has not commenced the Initiation of Phase III, then Roche shall use its reasonable best efforts to obtain authority to fulfill such requirement by returning rights to Memory to the Memory Compound, Compound 3454, 3454 Product and/or Product Memory Product, as the case may be, in accordance with Section 16.5.

Requirement to Divest. If Roche is required by a relevant government authority in a given country of the Territory to divest rights to a Memory Compound Compound, Collaboration Compound, and/or Product with respect to which Roche has Product, not commenced the Initiation of Phase IIIyet Launched in such country, then Roche shall use its reasonable best efforts to obtain authority to fulfill such requirement by returning rights to Memory to the Memory Compound, Collaboration Compound and/or Product without consideration to Memory or Roche (except as provided in accordance with Section 16.5.16.4(c)) under the conditions of Section 16.4. [*] CONFIDENTIAL TREATMENT IS REQUESTED