Common use of Rights and Duties Upon Termination Clause in Contracts

Rights and Duties Upon Termination. Termination of this Agreement, for whatever reason, shall not affect any rights or obligations accrued by either party prior to the effective date of termination and specifically stated herein to survive such termination. Upon any termination of this Agreement, each party shall, and shall cause its Affiliates and sublicensees to, return to the other party within thirty (30) days all copies of Confidential Information of any kind communicated or delivered by the Disclosing Party still within the custody or control of the Receiving Party, including all copies thereof, in whatever form.

Appears in 3 contracts

Samples: Development, License and Sales Agreement (LJL Biosystems Inc), Development, License and Sales Agreement (LJL Biosystems Inc), Development, License and Sales Agreement (LJL Biosystems Inc)

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Rights and Duties Upon Termination. Termination of this Agreement, for whatever reason, shall not affect any rights or obligations accrued by either party prior to the effective date of termination and specifically stated herein to survive such termination. Upon any Without limiting the generality of the foregoing, upon termination of this Agreement, : (a) each party shall, and shall cause its Affiliates and sublicensees to, return to immediately cease using the Confidential Information of the other party within thirty (30) days all copies of and shall return any such Confidential Information of any kind communicated or delivered by the Disclosing Party still within the custody or control of the Receiving Party, including all copies thereofInformation, in whatever formform or format it was provided or then currently exists, to such party; and (b) Articles 1, 4, 5, 6 and 9 shall survive, and any other provisions which by their terms extend beyond termination.

Appears in 2 contracts

Samples: License Agreement (Ribozyme Pharmaceuticals Inc), License Agreement (Ribozyme Pharmaceuticals Inc)

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