Upon Change of Control. Either Dyax or Genzyme may terminate this Agreement with the consequences set forth in Section 13.3.3 in the event that the other Party is a party to a transaction involving (a) a merger or consolidation in which such party is not the surviving entity or (b) the sale of all or substantially all of the assets of such Party to a Third Party. Termination of this Agreement pursuant to this Section 13.2.3 shall be effective as of the effective date of such transaction.
Appears in 4 contracts
Samples: Collaboration Agreement (Dyax Corp), Collaboration Agreement (Genzyme Corp), Collaboration Agreement (Dyax Corp)