Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 7 contracts
Samples: Exclusive License and Distribution Agreement, Exclusive License and Distribution Agreement (MITU Resources Inc.), Exclusive License and Distribution Agreement (MITU Resources Inc.)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party or its ultimate parent corporation shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party ultimate parent corporation shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party or its ultimate parent corporation shall propose or be a Party party to any dissolution or liquidation, or if the other Party or its ultimate parent corporation shall make an assignment for the benefit of its creditors.
Appears in 6 contracts
Samples: License Agreement, Confidentiality Agreement (Proteo Inc), License Agreement (Clovis Oncology, Inc.)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the such other Party proposes a written agreement of composition or extension of its debts, or if the such other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the such other Party shall propose or be a Party party to any dissolution or liquidation, or if the such other Party shall make an assignment for the benefit of its creditors.
Appears in 5 contracts
Samples: Collaboration Agreement (Seattle Genetics Inc /Wa), Collaboration Agreement (Seattle Genetics Inc /Wa), Collaboration Agreement (Northwest Biotherapeutics Inc)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file files in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the such other Party proposes a written agreement of composition or extension of its debts, or if the such other Party shall will be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall will not be dismissed within sixty (60) 60 days after the filing thereof, or if the such other Party shall will propose or be a Party party to any dissolution or liquidation, or if the such other Party shall will make an assignment for the benefit of its creditors.
Appears in 5 contracts
Samples: Collaboration and License Agreement (Oncogenex Technologies Inc), Collaboration and Co Development Agreement (Oncogenex Technologies Inc), Collaboration and Co Development Agreement (Oncogenex Technologies Inc)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 5 contracts
Samples: Research and Development Agreement (Biologix Hair Inc.), Out Licence Agreement (Navidea Biopharmaceuticals, Inc.), Out Licence Agreement (Neoprobe Corp)
Termination Upon Insolvency. Either To the extent permitted under Applicable Laws, either Party may terminate this Agreement if, at any time, the other Party shall file Party: (a) files in any court or agency pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that such other Party or of its assets, or if the other Party (b) proposes a written agreement of composition or extension of its debts, or if the other Party shall be (c) is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty forty-five (6045) days after the filing thereof, (d) proposes or if the other Party shall propose or be is a Party party to any dissolution or liquidation, or if the other Party shall make (e) makes an assignment for the benefit of its creditors.
Appears in 4 contracts
Samples: License Agreement (Coherus BioSciences, Inc.), License Agreement (Coherus BioSciences, Inc.), License Agreement (Coherus BioSciences, Inc.)
Termination Upon Insolvency. Either To the extent permitted under Applicable Laws, either Party may terminate this Agreement with respect to the other Party if, at any time, the such other Party shall file file, in any court or agency pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that such other Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the such other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the such other Party shall propose or be a Party party to any dissolution or liquidation, or if the such other Party shall make an assignment for the benefit of its creditors.
Appears in 4 contracts
Samples: License and Development Agreement (Cerecor Inc.), License and Development Agreement (Cerecor Inc.), License and Development Agreement (Avadel Pharmaceuticals PLC)
Termination Upon Insolvency. Either To the extent permitted under Applicable Law, either Party may terminate this Agreement if, at any time, the other Party shall file (a) files in any court or agency pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that such other Party or of its assets, or if the other Party (b) proposes a written agreement of composition or extension of its debts, or if the other Party shall be (c) is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty forty-five (6045) days after the filing thereof, (d) proposes or if the other Party shall propose or be is a Party party to any dissolution or liquidation, or if the other Party shall make (e) makes an assignment for the benefit of its creditors.
Appears in 3 contracts
Samples: License Agreement (Coherus BioSciences, Inc.), License Agreement (Coherus BioSciences, Inc.), License Agreement (Coherus BioSciences, Inc.)
Termination Upon Insolvency. Either Party party may terminate this Agreement if, at any time, the other Party party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party party or of its assets, or if the other Party party proposes a written agreement of composition or extension of its debts, or if the other Party party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party party shall propose or be a Party party to any dissolution or liquidation, or if the other Party party shall make an assignment for the benefit of its creditors.
Appears in 3 contracts
Samples: License Agreement (Fluidigm Corp), License Agreement (Fluidigm Corp), License Agreement (Cohesion Technologies Inc)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, upon thirty (30) days’ written notice if the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 2 contracts
Samples: License Agreement (Aridis Pharmaceuticals, Inc.), License Agreement (Aridis Pharmaceuticals, Inc.)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that such other Party or of its assets, or if the such other Party proposes a written agreement of composition or extension of its debts, or if the such other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the such other Party shall propose or be a Party party to any dissolution or liquidation, or if the such other Party shall make an assignment for the benefit of its creditors.
Appears in 2 contracts
Samples: Supply and Distribution Agreement (Gelesis Holdings, Inc.), Supply and Distribution Agreement (Capstar Special Purpose Acquisition Corp.)
Termination Upon Insolvency. Either Party may terminate this Agreement or any Research Collaboration Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 2 contracts
Samples: Strategic Agreement (BG Medicine, Inc.), Strategic Agreement (BG Medicine, Inc.)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file (a) files in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that such other Party or of its assets, or if the other Party (b) proposes a written agreement of composition or extension of its debts, or if the other Party shall be (c) is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall proceeding that is not be dismissed within sixty (60) days after the filing thereof, (d) proposes or if the other Party shall propose or be is a Party party to any dissolution or liquidation, or if the other Party shall make (e) makes an assignment for the benefit of its creditors.
Appears in 1 contract
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that such other Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 1 contract
Samples: Development, Commercialization and License Agreement (Aeterna Zentaris Inc.)
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the such other Party proposes a written agreement of composition or extension of its debts, or if the such other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or in each of the foregoing cases only if the such proceedings is for liquidation of such other Party shall propose or be a Party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditorsParty.
Appears in 1 contract
Samples: Collaboration Agreement (Healthcare Acquisition Corp)
Termination Upon Insolvency. Either To the extent permitted under Applicable Law, either Party may terminate this Agreement in its entirety if, at any time, the other Party shall file files in any court or agency pursuant to any statute or regulation of any state, country country, administrative region, district, or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the such other Party proposes a written agreement of composition or extension of its debts, or if the such other Party shall be is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the such other Party shall propose or be a Party party to any dissolution or liquidation, or if the such other Party shall make an assignment for the benefit of its creditors.
Appears in 1 contract
Samples: Exclusive License and Collaboration Agreement (EPIRUS Biopharmaceuticals, Inc.)
Termination Upon Insolvency. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency 44 proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 1 contract
Termination Upon Insolvency. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) [***] days after the filing thereof, or if the other Party shall propose or be a Party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 1 contract
Samples: Co Development, License and Co Promotion Agreement (Nektar Therapeutics)
Termination Upon Insolvency. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.. 50
Appears in 1 contract
Termination Upon Insolvency. Either This Agreement may be terminated by a Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that the Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, it filed in any insolvency proceeding, and such petition shall not be dismissed within sixty ninety (6090) days after the filing thereof, or if the other Party shall propose or be a Party party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 1 contract
Termination Upon Insolvency. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of that Party or of its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed within sixty (60) days after the filing thereof, or if the other Party shall propose or be a Party party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.
Appears in 1 contract
