Royalty and Payment Obligations. Termination of this Agreement by a Party, for any reason, shall not release the other Party from any obligation to pay royalties or make any other payments that are payable prior to the effective date of termination. However, termination of this Agreement by a Party, for any reason, will release a Selling Party from any obligation to pay royalties or make any payments to the Non-Selling Party that would otherwise become payable on or after the effective date of termination.
Appears in 2 contracts
Samples: Collaboration and License Agreement (Blueprint Medicines Corp), Collaboration and License Agreement (Blueprint Medicines Corp)
Royalty and Payment Obligations. Termination of this Agreement by a Party, for any reason, shall not release the other a Party from any obligation to pay royalties or make any other payments that are payable prior to the effective date of termination. However, termination Termination of this Agreement by a Party, for any reason, will release a Selling Party from any obligation to pay royalties or make any payments to the Non-Selling Party that would otherwise become payable on or after the effective date of termination.
Appears in 1 contract
Samples: License and Collaboration Agreement (SQZ Biotechnologies Co)
Royalty and Payment Obligations. Termination of this Agreement by a Party, for any reason, shall not release the other either Party from any obligation to pay royalties or make any payments to the other payments Party that are payable prior to incurred by such Party as of the effective date of termination. However, termination Termination of this Agreement by a Party, for any reason, will release a Selling the other Party from any obligation to pay royalties or make any payments to the Non-Selling terminating Party that would otherwise become payable on relate to a period or point in time after the effective date of termination.
Appears in 1 contract
Samples: License Agreement (Dermira, Inc.)
Royalty and Payment Obligations. Termination of this Agreement by a Party, for any reason, shall not release the other Party from any obligation to pay royalties or make any other payments that are payable prior to the effective date of termination. However, termination of this Agreement by a Party, for any reason, will release a Selling Party from any obligation to pay royalties or make any payments to the Non-Selling Party that would otherwise become payable on or after the effective date of termination..
Appears in 1 contract
Samples: Collaboration and License Agreement (Blueprint Medicines Corp)
