Common use of Rights Upon Termination by Lilly Clause in Contracts

Rights Upon Termination by Lilly. If Lilly terminates this Agreement under Section 11.2 or 11.5, or CoLucid terminates this Agreement under Section 11.4(a), then the following will take effect upon the effective date of such termination:

Appears in 2 contracts

Samples: Development and License Agreement (CoLucid Pharmaceuticals, Inc.), Development and License Agreement (CoLucid Pharmaceuticals, Inc.)

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Rights Upon Termination by Lilly. If Lilly terminates this Agreement under Section 11.2 9.2, 9.3 or 11.5, or CoLucid terminates this Agreement under Section 11.4(a)10.3, then the following will take effect upon the effective date of such termination:

Appears in 2 contracts

Samples: Exclusive License Agreement (Furiex Pharmaceuticals, Inc.), Exclusive License Agreement (Furiex Pharmaceuticals, Inc.)

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