Common use of Termination for Non-Financial Default Clause in Contracts

Termination for Non-Financial Default. If Company, any of its Affiliates or any Sublicensee shall default in the performance of any of its other material obligations under Agreement not otherwise covered by the provisions of Section 10.2 and 10.3, and if such default has not been cured within [**] days after notice by Hospital in writing of such default, Hospital may immediately terminate 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 [**] day cure period.

Appears in 3 contracts

Samples: Exclusive Patent License Agreement (Editas Medicine, Inc.), Exclusive Patent License Agreement (Editas Medicine, Inc.), Exclusive Patent License Agreement (Editas Medicine, Inc.)

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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 material 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 [***] 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 [***] day cure period.

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (Candel Therapeutics, Inc.), Exclusive Patent License Agreement (Candel Therapeutics, 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 material 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 [***] ([***]) 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 [***] ([***]) day cure period.

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.), Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.)

Termination for Non-Financial Default. If Company, any of its Affiliates or any Sublicensee shall default in the performance of any of its other material 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 [***] ([***]) 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 [***] ([***]) day cure period.. ​

Appears in 1 contract

Samples: Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.)

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Termination for Non-Financial Default. If Company, Company (either directly or through any of its Affiliates Affiliates, Collaborators or any Sublicensee Sublicensee) shall default in the performance of any of its other material Company’s 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 [***] 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 [***] day cure period.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (TScan Therapeutics, Inc.)

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