Common use of Rights and Duties upon Termination or Expiration Clause in Contracts

Rights and Duties upon Termination or Expiration. Upon the termination or expiration of this Agreement, each Party will have the right to retain all payments from the other Party properly made pursuant to this Agreement, and each Party shall pay to the other all sums accrued hereunder which are then due.

Appears in 4 contracts

Samples: License Agreement (Telix Pharmaceuticals LTD), License Agreement (Telix Pharmaceuticals LTD), Option and License Agreement (Ayala Pharmaceuticals, Inc.)

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Rights and Duties upon Termination or Expiration. Upon the termination or expiration of this Agreement, each Party will have the right to retain all payments from the other Party properly made pursuant to this Agreement, and each Party shall will pay to the other all sums accrued hereunder which are then due.

Appears in 1 contract

Samples: Confidential License Agreement

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