TERM AND TERMINATION, REMEDIES FOR BREACH. 17.1 This Agreement shall commence on and become effective on the Effective Date provided that it has been lawfully executed by all Parties and will expire after a term of ten (10) years, i.e. on 31 May 2024 (the “Term”). In respect of any part(s) of the Services which have been performed before the Effective Date, the Parties agree that the performance of those part(s) shall be deemed to have been performed during the Term and governed by the terms of this Agreement.
Appears in 2 contracts
Samples: Agreement (TiGenix NV), Agreement (TiGenix NV)
TERM AND TERMINATION, REMEDIES FOR BREACH. 17.1 This Agreement shall commence on and become effective on the Effective Date provided that it has been lawfully executed by all Parties and will expire after a term of ten (10) years, i.e. on [31 May 2024 2024] (the “Term”). In respect of any part(s) of the Services which have been performed before the Effective Date, the Parties agree that the performance of those part(s) shall be deemed to have been performed during the Term and governed by the terms of this Agreement.
Appears in 2 contracts
Samples: Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV)