Sale of Remaining Inventory. Upon termination of this AGREEMENT, AVENTIS shall notify GENTA of the amount of PRODUCT AVENTIS, its AFFILIATES and their MARKETING DISTRIBUTORS then have on hand or have committed to purchase or sell in the United States. For a period ending upon the earlier of: (i) AVENTIS, its AFFILIATES and their MARKETING DISTRIBUTORS sale of all PRODUCT in their possession on the date of termination of this AGREEMENT, or (ii) within the twelve (12) month period following such termination (the "Trailing Period"), AVENTIS, its AFFILIATES and their MARKETING DISTRIBUTORS shall be permitted to sell all such PRODUCT and GENTA hereby grants a non-exclusive royalty-free license reasonably necessary to sell such PRODUCT; provided, however, that GENTA shall have the right to purchase such PRODUCT from AVENTIS at the actual cost AVENTIS paid for the manufacture and supply of such PRODUCT. Any remaining quantities of PRODUCT not sold during the Trailing Period shall be destroyed.
Sale of Remaining Inventory. Notwithstanding anything in this Agreement to the contrary, in the event of termination of this Agreement, to the extent that Merck and its Related Parties has Product or will have Product in inventory after termination of this Agreement, Merck and its Related Parties shall be granted the right to sell off such remaining inventory of Product.
Sale of Remaining Inventory. Upon termination or expiration of this Agreement, Rohto may distribute its remaining inventory of the Licensed Products; provided that such Licensed Products conform to the Specifications and are in compliance with all applicable laws and regulations in the Territory. Upon the earlier of (a) depletion of such inventory, or (b) ninety (90) days after termination or expiration, Rohto shall comply with the terms of Section 11.3.
Sale of Remaining Inventory. Where this Agreement has expired or has been terminated for any reason other than by PPI in accordance with Section 16.1 or EKR in accordance with Section 16.3(b), EKR and its Affiliates and sub-distributors and sales agents shall be entitled to continue to sell existing stocks of the Product in the Territory for a period of not longer than 12 months following the date of termination, provided that, EKR continues to make any Royalty payments due to PPI in respect of such sales in accordance with the provisions of this Agreement.
Sale of Remaining Inventory. Upon termination of this Agreement (but not its expiration), Xxxxxx shall notify Indevus of the amount of Product Xxxxxx, its Affiliates and their Marketing Distributors then have on hand or have committed to purchase or sell. For a period ending upon the earlier of: (i) Xxxxxx’, its Affiliates’ and their Marketing Distributors’ sale of all Product in their possession on the date of termination of this Agreement, or (ii) within the six (6) month period following such termination (the “Trailing Period”), Xxxxxx, its Affiliates and their Marketing Distributors shall be permitted to sell all such Product and Indevus hereby grants a non-exclusive license reasonably necessary to sell such Product, subject to the payment of Manufacturing Payments and royalties, at the same rates and on the same terms and conditions as the royalties set forth in Section 6.2.2, on any Net Sales of such Product; provided, however, that, in the event Xxxxxx has Bulk Drug Product in inventory not committed to filling existing orders, Indevus shall have the right to purchase such Bulk Drug Product from Xxxxxx at a price equal to Indevus’ Manufacturing Cost applicable to such Bulk Drug Product. Any remaining quantities of Product not sold during the Trailing Period shall be destroyed by Xxxxxx at Xxxxxx’ cost.
Sale of Remaining Inventory. Upon expiration or termination of this Agreement for any reason, XxxXxxx shall be entitled to sell, use, or otherwise dispose of (subject to payment of royalties under Section 5) any unsold or unused stock of the Products for a period of [***] after the effective date of termination, provided that XxxXxxx is then and remains during such [***] period in compliance with all of the other terms and conditions of this Agreement.
Sale of Remaining Inventory. The Sellers covenant and agree that from and after the closing, any inventory of Talon zippers and Talon zipper components of the Sellers set forth on SCHEDULE 1.1.4 and excluded from the Assets may not be replenished with additional inventory and may only be sold by the Sellers (a) to Buyer, (b) in a liquidation in which all of the remaining inventory is sold in one transaction, (c) on consignment with Buyer or (d) to a third party acceptable to Buyer.
Sale of Remaining Inventory. After expiration or termination of this Agreement Xxxxxxx shall be entitled to sell remaining stocks of any Contracted Product during a period of six (6) months under the conditions of this Agreement. Notwithstanding the foregoing, Xxxxxxx shall have no right to sell remaining stocks of any Contracted products under this Section 16.6.2 if (a) the Agreement is terminated by Xxxxxxxx as a result of a material breach by Xxxxxxx under Section 16.2, solely in respect of Xxxxxxx’x obligations hereunder with respect to the maintenance of the Marketing Authorizations; (b) Xxxxxxxx chooses to purchase such remaining stock at cost; or (c) Xxxxxxxx would reasonably be expected to incur liability vis-à-vis Third Parties as a result of Xxxxxxx’x exercise of its rights under this Section 16.6.2; provided, however, that in the event such liability is or is reasonably expected to be non-material in nature, (x) Xxxxxxx shall be entitled to sell remaining stocks of any Contracted products under this Section 16.6.2 and (y) Xxxxxxx shall, subject to the limitations set forth in Section 13.4, indemnify and hold harmless Xxxxxxxx from and against any such non-material liability.
Sale of Remaining Inventory. Upon termination of this Agreement for any reason, Ocugen shall be entitled to sell, use, or otherwise dispose of (subject to payment of the Profit Share under Section 8.1) any unsold or unused stock of the Product for a period of eighteen (18) months after the effective date of termination, provided that Ocugen is then and remains during such eighteen (18) month period in compliance with all of the other terms and conditions of this Agreement.
Sale of Remaining Inventory. Subsequent to termination of this Agreement Bolle shall have the right to continue to market, sell, and distribute its entire inventory on hand of any Product or Bolle Product, provided, however, if this Agreement is terminated pursuant to the provisions of Section 10.2 and Bolle is the breaching or defaulting Party, then Bolle shall liquidate such entire inventory on hand in a fashion that is reasonably expected to minimize any resulting damages to the Boralyn (Registered Trademark) trademark as promptly as reasonably practicable.
