Termination for Non-Financial Default. If Company, any of its Affiliates or any Sublicensee shall default in the performance of any of its other obligations under this Agreement not otherwise covered by the provisions of Section 10.2 and 10.3, and if such default has not been cured within sixty (60) days after notice by Hospital in writing of such default, Hospital may immediately terminate this Agreement, and/or any license granted hereunder with respect to the country or countries in which such default has occurred, at the end of said sixty (60) day cure period. Hospital shall also have the right to terminate this Agreement and/or any such license immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) day periods.
Appears in 4 contracts
Samples: Exclusive Patent License Agreement (ArcherDX, Inc.), Exclusive Patent License Agreement (ArcherDX, Inc.), Exclusive Patent License Agreement (Vicapsys Life Sciences, Inc.)
Termination for Non-Financial Default. If Company, any of its Affiliates or any Sublicensee shall default in the performance of any of its other obligations under this Agreement not otherwise covered by the provisions of Section 10.2 and 10.3, and if such default has not been cured within sixty (60) [* * *] days after notice by Hospital in writing of such default, Hospital may immediately terminate this Agreement, and/or any license granted hereunder with respect to the country or countries in which such default has occurred, at the end of said sixty (60) [* * *] day cure period. Hospital shall also have the right to terminate this Agreement and/or any such license immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) [* * *] day periods.
Appears in 3 contracts
Samples: Exclusive Patent License Agreement (Biohaven Pharmaceutical Holding Co Ltd.), Exclusive Patent License Agreement (Biohaven Pharmaceutical Holding Co Ltd.), Exclusive Patent License Agreement (Biohaven Pharmaceutical Holding Co Ltd.)
Termination for Non-Financial Default. If Company, any of its Affiliates or any Sublicensee shall default in the performance of any of its other obligations under this Agreement not otherwise covered by the provisions of Section 10.2 and 10.3, and if such default has not been cured within sixty Sixty (60) days after notice by Hospital in writing of such default, Hospital may immediately terminate this Agreement, and/or any license granted hereunder with respect to the country or countries in which such default has occurred, at the end of said sixty Sixty (60) day cure period. Hospital shall also have the right to terminate this Agreement and/or any such license immediately, upon written notice, in the event of repeated defaults even if cured within such sixty Sixty (60) day periods.
Appears in 2 contracts
Samples: License Agreement (Fluoropharma Medical, Inc.), License Agreement (Fluoropharma Medical, Inc.)
Termination for Non-Financial Default. If Company, Company or any of its Affiliates or any Sublicensee shall default in the performance of any of its other obligations under this Agreement not otherwise covered by the provisions of Section 10.2 and 10.3, and if such default has not been cured within sixty (60) business days after notice by Hospital in writing of such default, Hospital may immediately terminate this Agreement, and/or any license granted hereunder with respect to the country or countries in which such default has occurred, at the end of said sixty (60) business day cure period. Hospital shall also have the right to terminate this Agreement and/or any such license immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) business day periods.
Appears in 1 contract
Samples: Non Exclusive Patent License Agreement (Frequency Therapeutics, Inc.)
Termination for Non-Financial Default. If CompanyCOMPANY, any of its Affiliates AFFILIATES or any Sublicensee SUBLICENSEES shall default in the performance of any of its other obligations under this Agreement AGREEMENT, including but not otherwise covered by the provisions of limited to its obligations under Section 10.2 and 10.33.l(a)(i-vi) or Section 3.l(b)(i), and if such default has not been cured within sixty (60) days after notice by Hospital HOSPITAL in writing of such default, Hospital HOSPITAL may immediately terminate this Agreement, and/or any license licenses granted hereunder with respect to the country or countries in which such default has occurred, occurred at the end of said sixty (60) day cure period. Hospital HOSPITAL shall also have the right to terminate this Agreement and/or any such license licenses immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) day periods.
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Termination for Non-Financial Default. If Company, any of its Affiliates or any Sublicensee shall default in the performance of any of its other obligations under this Agreement not otherwise covered by the provisions of Section 10.2 and 10.3, and if such default has not been cured within sixty (60) [***] days after notice by Hospital in writing of such default, Hospital may immediately terminate this Agreement, and/or any license granted hereunder with respect to the country or countries in which such default has occurred, at the end of said sixty (60) day cure period. Hospital shall also have the right to terminate this Agreement and/or any such license immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) day periods.
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Termination for Non-Financial Default. If CompanyCOMPANY, any of its Affiliates AFFILIATES or any Sublicensee SUBLICENSEES shall default in the performance of any of its other obligations under this Agreement Agreement, including but not otherwise covered by the provisions of limited to its obligations under Section 10.2 and 10.33.1, and if such default has not been cured within sixty (60) days after notice by Hospital GENERAL in writing of such default, Hospital GENERAL may immediately terminate this Agreement, and/or any license licenses granted hereunder with respect to the country or countries in which such default has occurred, occurred at the end of said sixty (60) day cure period. Hospital period GENERAL shall also have the right to terminate this Agreement and/or any such license licenses immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) day periods.
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Termination for Non-Financial Default. If CompanyCOMPANY, any of its Affiliates AFFILIATES or any Sublicensee SUBLICENSEES shall default in the performance of any of its other obligations under this Agreement AGREEMENT, including but not otherwise covered by limited to its obligations under Section 3.1(b)(i) or 3.1(b)(ii), [***] Certain information in this document has been omitted and filed separately with the provisions of Section 10.2 Securities and 10.3, Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. and if such default has not been cured within sixty (60) days after notice by Hospital HOSPITAL in writing of such default, Hospital HOSPITAL may immediately terminate this Agreement, and/or any license licenses granted hereunder with respect to the country or countries in which such default has occurred, occurred at the end of said sixty (60) day cure period. Hospital shall also have the right to terminate this Agreement and/or any such license immediately, upon written notice, in the event of repeated defaults even if cured within such sixty (60) day periods.
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