Common use of Rights Upon Expiration Clause in Contracts

Rights Upon Expiration. Neither party shall have any further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure obligations as described in Section 7.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps as described in Section 4.3 and by its obligations under Section 6.2 hereof.

Appears in 5 contracts

Samples: Annual Report, License Agreement (Cytotherapeutics Inc/De), License Agreement (Cytotherapeutics Inc/De)

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Rights Upon Expiration. Neither party shall have any further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure obligations as described in Section 7.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps as described in Section 4.3 and by its obligations under Section 6.2 hereof.

Appears in 5 contracts

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

Rights Upon Expiration. Neither party shall have any further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure nondisclosure obligations as described in Section 7.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps as described in Section 4.3 and by its obligations under Section 6.2 hereof.

Appears in 3 contracts

Samples: License Agreement (Drugabuse Sciences Inc), License Agreement (Drugabuse Sciences Inc), Research Funding and Option Agreement (Discovery Laboratories Inc)

Rights Upon Expiration. Neither party shall have any further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure obligations as described in Section 7.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps as described in Section 4.3 and by its obligations under Section 6.2 hereof4.3.

Appears in 2 contracts

Samples: License Agreement (Sangamo Biosciences Inc), License Agreement (Sangamo Biosciences Inc)

Rights Upon Expiration. Neither party shall have any ---------------------- further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure obligations as described in Section 7.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps Licensor as described in Section 4.3 and by its obligations under Section 6.2 hereof4.4 for products sold prior to the termination.

Appears in 2 contracts

Samples: License Agreement (Aastrom Biosciences Inc), License Agreement (Aastrom Biosciences Inc)

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Rights Upon Expiration. Neither party shall have any further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period, and to submit to audit if necessary, in accordance with Section 2.9 hereof. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure obligations as described in Section 7.16.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps Rensselaer as described in Section 4.3 3.3 and by its obligations under Section 6.2 5.2 hereof.

Appears in 1 contract

Samples: Acquisition Agreement (Avalon Oil & Gas, Inc.)

Rights Upon Expiration. Neither party shall have any further rights or obligations upon the expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure obligations obligations, as described in Section 7.1, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps as described in Section 4.3 and by its obligations under Section 6.2 hereof.

Appears in 1 contract

Samples: Research Funding and Option Agreement (Discovery Laboratories Inc /De/)

Rights Upon Expiration. Neither party shall have any further rights or obligations upon the regularly scheduled expiration of this Agreement upon its regularly scheduled expiration date with respect to this Agreement, other than the obligation of Licensee to make any and all reports and payments for the final quarter period. Provided, however, that upon such expiration, each party shall be required to continue to abide by its non-use and non-disclosure confidentiality obligations as described in Section 7.110, and Licensee shall continue to maintain records under Section 2.10 and abide by its obligation to indemnify Scripps Licensor as described in Section 4.3 and by its obligations under Section 6.2 hereof6.3 for products sold prior to the termination.

Appears in 1 contract

Samples: License Agreement (Sciclone Pharmaceuticals Inc)

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