Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 26 contracts
Samples: Research and Commercialization Agreement, Research and Commercialization Agreement (Fibrogen Inc), License Agreement (Affymax Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a either party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such either party, or proceedings are instituted by or against such either party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such either party makes an assignment for the benefit of creditors, or substantially all of the assets of such either party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 8 contracts
Samples: GSSM License Agreement (Xoma LTD /De/), License Agreement (Dyax Corp), License Agreement (Diversa Corp)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement upon notice to the other party, and all licenses granted to such party hereunder effective upon notice of such termination.
Appears in 7 contracts
Samples: Non Exclusive Patent License Agreement, Non Exclusive Patent License Agreement (AIT Therapeutics, Inc.), Non Exclusive Patent License Agreement (AIT Therapeutics, Inc.)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate the Research Collaboration and/or this Agreement Agreement, effective upon notice of such termination.
Appears in 6 contracts
Samples: Drug Discovery Collaboration Agreement, Drug Discovery Collaboration Agreement (Array Biopharma Inc), Drug Discovery Collaboration Agreement (Intermune Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 5 contracts
Samples: Celanese Symyx Collaboration Agreement (Symyx Technologies Inc), Celanese Symyx Collaboration Agreement (Symyx Technologies Inc), Collaboration Agreement (Symyx Technologies Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such terminationtermination or in the event Symyx is involved in insolvency proceedings during the Research Program Term, TDCC may elect to terminate the Research Program and not the Agreement upon notice to Symyx.
Appears in 4 contracts
Samples: Collaborative Research and License Agreement (Accelrys, Inc.), Collaborative Research and License Agreement (Symyx Technologies Inc), Research and License Agreement (Symyx Technologies Inc)
Termination for Insolvency. If voluntary or involuntary proceedings -------------------------- by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 4 contracts
Samples: Collaboration Agreement (Genvec Inc), Research and Commercialization Agreement (Medarex Inc), Research and Commercialization Agreement (Medarex Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy or under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 3 contracts
Samples: Supply Agreement, Quality Assurance Agreement (Indevus Pharmaceuticals Inc), License Agreement (Indevus Pharmaceuticals Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a a, party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 3 contracts
Samples: Non Exclusive License Agreement, Non Exclusive License Agreement (Seattle Genetics Inc /Wa), Contract Manufacturing Agreement (Seattle Genetics Inc /Wa)
Termination for Insolvency. If voluntary or involuntary -------------------------- proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 3 contracts
Samples: Evaluation, Research and Commercialization Agreement (Medarex Inc), Research and Commercialization Agreement (Medarex Inc), Licence and Supply Agreement (Organogenesis Inc)
Termination for Insolvency. If voluntary or involuntary proceedings -------------------------- by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 3 contracts
Samples: Distribution Agreement (Bamboo Com Inc), Distribution Agreement (Bamboo Com Inc), Distribution Agreement (Bamboo Com Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.this
Appears in 3 contracts
Samples: Collaboration Agreement (Aurora Biosciences Corp), Collaboration Agreement (Aurora Biosciences Corp), Collaboration Agreement (Aurora Biosciences Corp)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or if all or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 2 contracts
Samples: License and Development Agreement (Surgical Laser Technologies Inc /De/), License and Development Agreement (Photomedex Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall are not have been dismissed within sixty ninety (6090) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty ninety (6090) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 2 contracts
Samples: Confidential Treatment (Kadmon Holdings, LLC), Confidential Treatment (Kadmon Holdings, LLC)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 2 contracts
Samples: License and Commercialization Agreement (Biotie Therapies Corp.), Collaboration and Technology Transfer Agreement (Genomic Health Inc)
Termination for Insolvency. If voluntary or involuntary proceedings -------------------------- by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate the Research Collaboration and/or this Agreement Agreement, effective upon notice of such termination.
Appears in 2 contracts
Samples: Collaboration and License Agreement (Pharmacopeia Inc), Collaboration and License Agreement (Pharmacopeia Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency lawlaw (including Chapter 11), or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party, may immediately terminate this Agreement effective upon notice of such termination.
Appears in 2 contracts
Samples: License, Development and Commercialization Agreement (Molecular Insight Pharmaceuticals, Inc.), License, Development and Commercialization Agreement (Molecular Insight Pharmaceuticals, Inc.)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed without prejudice within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Restated Agreement effective upon notice of such termination.
Appears in 2 contracts
Samples: License and Assignment Agreement (Relypsa Inc), License and Assignment Agreement (Relypsa Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such partyParty, which proceedings, if involuntary, shall have not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Samples: Exclusive Collaboration and Marketing Rights Agreement (Benson Hill, Inc.)
Termination for Insolvency. If voluntary or involuntary proceedings by -------------------------- or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate the Research Program and/or this Agreement Agreement, effective upon notice of such termination.
Appears in 1 contract
Samples: Lead Generation Collaboration Agreement (Array Biopharma Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate the Collaboration and/or this Agreement effective Agreement, effecttive upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by -------------------------- or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Samples: Evaluation and Commercialization Agreement (Medarex Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by -------------------------- or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60.60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.. 9.4
Appears in 1 contract
Samples: Sesen Bio, Inc.
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for the involuntary corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.. 21/36
Appears in 1 contract
Termination for Insolvency. If a voluntary or involuntary proceedings proceeding by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Samples: Project Financing and Development Agreement (Uol Publishing Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.. 14.4
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by --------------------------- or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination. Without limiting the foregoing, upon any liquidation of Genmab subject to Section 4.5 of the Shareholders Agreement, this Agreement shall terminate concurrently.
Appears in 1 contract
Samples: Evaluation and Commercialization Agreement (Medarex Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such partyParty, which proceedings, if involuntary, shall will not have been dismissed within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party Party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such partyParty, or proceedings are instituted by or against such party Party for corporate reorganization or the dissolution of such partyParty, which proceedings, if involuntary, shall not have been dismissed without prejudice within sixty (60) days after the date of filing, or if such party Party makes an assignment for the benefit of creditors, or substantially all of the assets of such party Party are seized or attached and not released within sixty (60) days thereafter, the other party Party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of * Confidential treatment requested creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation, or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntaryvoluntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Samples: License Agreement (Activbiotics Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization reorganization, dissolution, liquidation or the dissolution winding-up of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.. * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. 26
Appears in 1 contract
Samples: Celanese Symyx Collaboration Agreement (Symyx Technologies Inc)
Termination for Insolvency. If voluntary or involuntary proceedings proceeding by -------------------------- or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Samples: Evaluation and Commercialization Agreement (Medarex Inc)
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for the involuntary corporate reorganization or the dissolution of such party, which proceedings, if involuntary, proceedings shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Termination for Insolvency. If voluntary or involuntary proceedings by or against a party are instituted in bankruptcy under any insolvency law, or a receiver or custodian is appointed for such party, or proceedings are instituted by or against such party for corporate reorganization or the dissolution of such party, which proceedings, if involuntary, shall not have been dismissed within sixty (60) days after the date of filing, or if such party makes an assignment for the benefit of creditors, or substantially all of the assets of such party are seized or attached and not released within sixty (60) days thereafter, the other party party, to the extent permitted under applicable law, may immediately terminate this Agreement effective upon notice of such termination.
Appears in 1 contract
Samples: License Agreement (Valentis Inc)
