Common use of Time to Exercise Walk Away Right Clause in Contracts

Time to Exercise Walk Away Right. 11.2.1. Merck may exercise its Walk Away Right in relation to Section 11.1.1, 11.1.2, 11.1.3, 11.1.4, 11.1.5 or 11.1.6 at any time until forty-five (45) days after the Walk Away Enrollment Deadline Date. 11.2.2. Merck, in its sole and absolute discretion, may irrevocably waive its Walk Away Right, in relation to any one or more of Sections 11.1.1, 11.1.2, 11.1.3, 11.1.4, 11.1.5 and 11.1.6, by a written notice to such effect and expressly captioned “Section 11.2.2 Waiver Notice” delivered to the NPC.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement (Merck & Co Inc)

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