Termination of Exclusive Purchase Sample Clauses

Termination of Exclusive Purchase. Notwithstanding Sections 3.1 (Supply of the Drug Substance) and 3.2 (Minimum Purchases Quantities) hereof, Replidyne may, in its sole discretion, (i) itself manufacture any quantities of the Drug Substance, (ii) purchase any quantities of the Drug Substance from Third Parties, and/or (iii) transfer and license the Manufacturing Technology and all other relevant documents, know-how, intellectual property and other rights as provided in this Article 8 to Replidyne or one or more Third Parties, and Replidyne shall not thereafter be obligated to purchase the Drug Substance exclusively from Supplier, under any one or more of the following circumstances:
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Termination of Exclusive Purchase hereof, the Supplier hereby grants to Replidyne a non-exclusive, royalty-bearing, worldwide license to manufacture the Drug Substance, with the right to sublicense to the Manufacturing Designee, under all patents, know-how and other intellectual property rights, including, without limitation, the Manufacturing Technology and the patents and patent applications listed in Attachment 8.2 hereof and all foreign counterparts, that are owned or controlled by Supplier (excluding DSP’s patents and all other intellectual property rights licensed to Replidyne pursuant to the License Agreement) to (i) research, develop, make, have made and use the Drug Substance and Drug Products anywhere in the world, and (ii) promote, offer to sell, sell, have sold and otherwise commercialize the Drug Substance and Drug Products in the Territory.
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Termination of Exclusive Purchase hereof. In case Replidyne requires Nisso to disclose the Manufacturing Technology to the Manufacturing Designee pursuant to this Section 8.4, Replidyne shall be responsible to have such Manufacturing Designee observe the terms and conditions of this Agreement.
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Related to Termination of Exclusive Purchase

  • Termination of Exclusivity Section 9.1 (Exclusivity in Michigan) of this Agreement shall terminate upon any termination of the Agreements, notwithstanding any breach of the Agreements by the Band.

  • Cancellation of Excluded Shares Each Excluded Share shall, by virtue of the Merger and without any action on the part of the Company, Parent, Merger Sub or the holder thereof, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist.

  • Consequences of Expiration or Termination All of the following effects of expiration or termination, as applicable, are in addition to the other rights and remedies that may be available to the Parties at law or in equity.

  • Notice of Exclusive Control So long as the Securities Intermediary has not received a Notice of Exclusive Control (as defined below), the Securities Intermediary may, subject to paragraph (ii) below, comply with entitlement orders of the Lien Grantor or any duly authorized agent of the Lien Grantor in respect of the Account and any or all financial assets credited thereto. After the Securities Intermediary receives a written notice from the Secured Party that it is exercising exclusive control over the Account (a "Notice of Exclusive Control"), the Securities Intermediary will cease complying with entitlement orders of the Lien Grantor and any of its agents.

  • Termination of the Option The Option shall terminate and may no longer be exercised after the first to occur of (a) the close of business on the Option Expiration Date, (b) the close of business on the last date for exercising the Option following termination of the Participant’s Service as described in Section 7, or (c) a Change in Control to the extent provided in Section 8.

  • Termination of Option (a) Any unexercised portion of the Option shall automatically and without notice terminate and become null and void at the time of the earliest to occur of:

  • Grant of Exclusive License 1. Licensor hereby grants to Licensee an exclusive worldwide license with the right to sublicense others, to make, have made, use, sell and lease the Products described in the Licensed Patent Rights with reach-through rights reserved to Licensor.

  • Termination of Exchange Fund Any portion of the Exchange Fund that remains undistributed to the holders of Company Common Stock for six months after the Effective Time shall be delivered to Parent, upon demand, and any holder of Company Common Stock who has not theretofore complied with this Article II shall thereafter look only to Parent for payment of its claim for Merger Consideration.

  • Early Termination of Option The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or • the termination of the Option pursuant to Section 7.3 of the Plan.

  • Extension of Expiration Date If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the "Registration Rights Agreement")) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period (whether alone, or in combination with any other Blackout Period) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period continues.

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