Common use of Termination of the Research Program by Vertex for Cause Clause in Contracts

Termination of the Research Program by Vertex for Cause. Vertex may at its sole discretion terminate this Agreement upon written notice to CFFT upon the occurrence of the following event: CFFT shall materially breach any of its material obligations under this Agreement and such material breach shall not have been remedied or material steps initiated to remedy the same to Vertex’s reasonable satisfaction, within thirty (30) days after Vertex sends written notice of breach to CFFT.

Appears in 7 contracts

Samples: Research, Development and Commecialization Agreement (Vertex Pharmaceuticals Inc / Ma), Development and Commecialization Agreement (Royalty Pharma PLC), Research, Development and Commecialization Agreement (Royalty Pharma PLC)

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Termination of the Research Program by Vertex for Cause. Vertex may at its sole discretion terminate this Agreement upon written notice to CFFT upon the occurrence of the following event: CFFT shall materially breach any of its material obligations under this Agreement and such material breach shall not have been remedied or material steps initiated to remedy the same to Vertex’s 's reasonable satisfaction, within thirty (30) days after Vertex sends written notice of breach to CFFT.

Appears in 1 contract

Samples: Development and Commecialization Agreement (Vertex Pharmaceuticals Inc / Ma)

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