Common use of Selected Third Party Agreements Clause in Contracts

Selected Third Party Agreements. At HMI’s written request, NVS will [***] HMI any Selected Third Party Agreement related solely to any Terminated Candidates or Terminated Products requested by HMI, unless assignment of any such Selected Third Party Agreement is not permitted, in which case NVS (or such Affiliate or Sublicensee, as applicable) will [***] secure the consent of the applicable Third Party to such assignment. If any assignment or such consent cannot be obtained with respect to a Selected Third Party Agreement, then, for a period of up to [***] from the effective date of termination, NVS will, or will cause such Affiliates or Sublicensees, as applicable, to, [***] obtain for HMI [***] practical benefit and burden under such Selected Third Party Agreement by entering into [***] alternative arrangements on terms agreeable to [***].

Appears in 4 contracts

Samples: Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.)

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