Common use of Termination of Third Party Agreements Clause in Contracts

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, and upon receipt of the Purchaser’s written request, Novartis shall terminate after the Closing Date any relevant Third Party Agreement not assigned to the Purchaser as provided in Clause 10.1 at the earliest possible date. The Purchaser shall pay, or shall reimburse Novartis for, any termination fees or Loss that results from any such termination, other than any termination fee or Loss that is an Excluded Liability.

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, Agreement and upon receipt of the Purchaser’s written request, Novartis shall terminate after the Closing Date any relevant Third Party Agreement not assigned to the Purchaser as provided in Clause 10.1 at the earliest possible date. The Purchaser shall pay11.1, or shall reimburse Novartis for, any termination fees or Loss that results from any such termination, other than any termination fee or Loss that is an Excluded Liabilityas soon as reasonably practicable.

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, and upon receipt of the Purchaser’s written request, Novartis shall terminate after the Closing Date any thoseany relevant Third Party Agreement Agreements set forth in Part B of Annex 5. And as soon as reasonably practicable that solely relate to the Product that are not assigned to the Purchaser as provided in Clause 10.1 at 11.1, as soon as reasonably practicable, but in any event not before the earliest possible dateend of the Transition Period. The Purchaser shall pay, or shall reimburse Novartis for, for any termination fees or Loss that results from any such termination, other than any termination fee or Loss that is an Excluded Liability.

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, and upon receipt of the Purchaser’s written request, Novartis shall terminate after the Closing Date any relevant Third Party Agreement not assigned to the Purchaser as provided in Clause 10.1 at 11.1 as soon as reasonably practicable after the earliest possible date. The Purchaser shall pay, or shall reimburse Novartis for, any termination fees or Loss that results from any such termination, other than any termination fee or Loss that is an Excluded Liabilityend of Phase 1.

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, and upon receipt of the Purchaser’s written request, Novartis shall terminate after the Closing Date any relevant Third Party Agreement not assigned to the Purchaser as provided in Clause 10.1 at the earliest possible date14.1, as soon as reasonably practicable. The Purchaser shall pay, or shall reimburse Novartis for, any termination fees or Loss that results result from any such termination, other than any termination fee or Loss that is an Excluded Liability.

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, and upon receipt of the Purchaser’s written request, Novartis shall terminate those Third Party Agreements set forth in Part B of Annex 5 as soon as reasonably practicable after the Closing Date but in any relevant Third Party Agreement event not assigned to before the Purchaser as provided in Clause 10.1 at end of the earliest possible datePhase 1 Period. The Purchaser shall pay, or shall reimburse Novartis for, for any termination fees or Loss that results from any such termination, other than any termination fee or Loss that is an Excluded Liabilitytermination4.

Termination of Third Party Agreements. Subject to the conditions set forth in the relevant Third Party Agreement, and upon receipt of the Purchaser’s written request, Novartis shall terminate after the Closing Date any relevant Third Party Agreement that solely relate to the Product that are not assigned to the Purchaser as provided in Clause 10.1 at 11.1, as soon as reasonably practicable, but in any event not before the earliest possible dateend of the Transition Period. The Purchaser shall pay, or shall reimburse Novartis for, for any termination fees or Loss that results from any such termination, other than any termination fee or Loss that is an Excluded Liability.