Common use of Termination of Direct License to Salix Clause in Contracts

Termination of Direct License to Salix. In the event that the sublicense granted by Progenics to Salix under the Progenics-Salix Agreement is terminated, in whole or in part, for an uncured material breach thereof caused by Salix, then the license granted by the University to Salix under Section 5.2.1 hereof shall likewise be automatically terminated to the same extent.

Appears in 2 contracts

Samples: Agreement (Salix Pharmaceuticals LTD), 2010 Agreement (Progenics Pharmaceuticals Inc)

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Termination of Direct License to Salix. In If and to the event extent that the sublicense license granted by Progenics to Salix under the Progenics-Salix this Agreement is terminated, in whole or in part, for an uncured material breach thereof caused by SalixProgenics pursuant to Section 10.2 or 10.3, then the license granted by the University ProNev to Salix under Section 5.2.1 hereof 13.22(b) shall likewise be automatically terminated to the same extent.

Appears in 2 contracts

Samples: License Agreement (Salix Pharmaceuticals LTD), License Agreement (Progenics Pharmaceuticals Inc)

Termination of Direct License to Salix. In If and to the event extent that the sublicense license granted by Progenics to Salix under the Progenics-Salix this Agreement is terminated, in whole or in part, for an uncured material breach thereof caused by SalixProgenics pursuant to Section 10.2 or 10.3, then the license granted by the University Excelsior to Salix under Section 5.2.1 hereof 13.23(b) shall likewise be automatically terminated to the same extent.

Appears in 1 contract

Samples: License Agreement (Salix Pharmaceuticals LTD)

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Termination of Direct License to Salix. In If and to the event extent that the sublicense license granted by Progenics to Salix under the Progenics-Salix this Agreement is terminated, in whole or in part, for an uncured material breach thereof caused by SalixProgenics pursuant to Section 10.2 or 10.3, then the license granted by the University Excelsior to Salix under Section 5.2.1 hereof 13.23(b) shall likewise be automatically terminated to the same extent.. [*] CONFIDENTIAL TREATMENT REQUESTED CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION

Appears in 1 contract

Samples: License Agreement (Progenics Pharmaceuticals Inc)

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