Common use of Termination by Wyeth Clause in Contracts

Termination by Wyeth. In the event Impax fails to meet the Quarterly Detail Minimum during any period of three consecutive calendar months, Wyeth may terminate this Agreement effective immediately on notice to Impax, such right to be exercisable within a period of three (3) months following the date on which Wyeth receives from Impax the report due under Section 4.2 that discloses such failure.

Appears in 3 contracts

Samples: Copromotion Agreement (Impax Laboratories Inc), Copromotion Agreement (Impax Laboratories Inc), Copromotion Agreement (Impax Laboratories Inc)

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Termination by Wyeth. In the event Impax fails to meet the Quarterly Detail Minimum during any period of three consecutive calendar months, Wyeth may terminate this Agreement effective immediately on notice to Impax, such right to be exercisable within a period of three (3) months XXXXX following the date on which Wyeth receives from Impax the report due under Section 4.2 that discloses such failure.

Appears in 1 contract

Samples: Copromotion Agreement (Impax Laboratories Inc)

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