Common use of Termination of the Consortium Agreement Clause in Contracts

Termination of the Consortium Agreement. This Consortium Agreement shall terminate automatically upon rejection of the Project Application by the Stichting LSH-TKI. Furthermore, in the event that the PPP Allowance Agreement is terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of Stichting LSH-TKI.

Termination of the Consortium Agreement. This Consortium Agreement shall terminate automatically upon rejection of the Project Application by the Stichting LSH-TKI. Furthermore, in the event that the PPP Allowance Agreement is terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of Stichting LSH-TKI, provided that such termination is allowed in accordance with article 3.1 of the Revised CCMO Directive on the Assessment of Clinical Trial Agreements of 30 August 2011.

Termination of the Consortium Agreement. This Consortium Agreement shall terminate automatically upon rejection of the Project Application by the Stichting LSH-TKI. Furthermore, in the event that the PPP Allowance Subsidy Agreement is terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of Stichting LSH-TKI.

Termination of the Consortium Agreement. This Consortium Agreement shall terminate automatically upon rejection of the Project Application by the Stichting LSH-TKI. Furthermore, in the event that the PPP Allowance Subsidy Agreement is terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of Stichting LSH-TKI, provided that such termination is allowed in accordance with article 3.1 of the Revised CCMO Directive on the Assessment of Clinical Trial Agreements of 30 August 2011.