Common use of Serious Events Clause in Contracts

Serious Events. Should there occur serious and unexpected events which, from a reasonable pharmaceutical company's point of view, would make it impossible or impracticable to pursue the commercialization of the Product, either Party may terminate this Agreement upon thirty (30) days' written notice.

Serious Events. Should there occur serious and unexpected events which, from a reasonable pharmaceutical company's point of view, would make it impossible or impracticable to pursue the commercialization of the Product, including but not limited to [__________________________], either Party may terminate this Agreement upon thirty (30) days' written notice.

Serious Events. Should there occur serious and unexpected events which, from a reasonable pharmaceutical company's point of view, would make it impossible or impracticable to pursue the commercialization of the Product, including but not limited to a serious adverse event associated with the Product, either Party may party may, with full consultation with the other party, terminate this Agreement upon thirty (30) days' written notice. Termination by a party in good faith pursuant to this Section 16.4 shall not, in itself, constitute a basis for any claim for compensation or other remedies by the other party.