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

Rights and Obligations upon Termination or Expiration. Upon expiration or termination of this Agreement for any reason, nothing herein shall be construed to release either party from any obligation that matured prior to the effective date of such termination. In addition, the obligations set forth in Articles 6 and 7 shall survive the expiration or termination of this Agreement. Upon termination of this Agreement, each party shall return to the other party any confidential information disclosed by the other party under this Agreement.

Appears in 3 contracts

Samples: Patent Rights Master Agreement and Research License Agreement (Seattle Genetics Inc /Wa), Master Agreement (Tanox Inc), Master Agreement (Tanox Inc)

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Rights and Obligations upon Termination or Expiration. Upon expiration or termination of this Agreement for any reason, nothing herein shall be construed to release either party from any obligation that matured prior to the effective date of such termination. In addition, the obligations set forth in Articles 6 9 and 7 11 shall survive the expiration or termination of this Agreement. Upon termination of this Agreement, each party shall return to the other party any confidential information Confidential Information disclosed by the other party under this Agreement.

Appears in 1 contract

Samples: Patent Licensing Master Agreement (Protein Design Labs Inc/De)

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Rights and Obligations upon Termination or Expiration. Upon expiration or termination of this Agreement for any reason, nothing herein shall be construed to release either party from any obligation that matured prior to the effective date of such termination. In addition, the obligations set forth in Articles 6 and 7 8 shall survive the expiration or termination of this Agreement. Upon termination of this Agreement, each party shall return to the other party any confidential information Confidential Information disclosed by the other party under this Agreement.

Appears in 1 contract

Samples: Patent Licensing Master Agreement (PDL Biopharma, Inc.)

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