Examples of Agreement Compound in a sentence
The payments provided for under this Section 5.4 shall only be payable once upon the first achievement of the indicated milestone with respect to an Agreement Compound and/or Agreement Product developed against a particular Target and no additional payments shall be due on subsequent or repeated achievement of the same milestone for another Agreement Compound and/or Agreement Product developed against the same Target.
For the avoidance of doubt, in no event shall either Party conduct any Clinical Trial of any Agreement Compound, including any Back-Up Compound, without the prior written consent of the other Party.
In the event that TDCC has materially breached this Agreement solely with respect to an Agreement Compound or Product within a specific Field, then Symyx shall only be entitled to terminate this Agreement with respect to such Field as a result of such breach.
The term of this Agreement shall commence on the Effective Date, and shall continue in full force and effect on a country-by-country, Agreement Compound-by-Agreement Compound and Product by Product basis, until TDCC and its Affiliates have no remaining royalty payment obligations for such Agreement Compound or Product in such country, unless terminated earlier as provided in this Article 12.
In the event of termination by Symyx under Sections 12.2 or 12.3, the license set forth in Section 4.1 shall terminate; provided, however, that if the breach relates solely to an Agreement Compound or Product in a specific Field, then Symyx shall only terminate the licenses to TDCC with respect to the Agreement Compounds and Products in such Field, and the remaining licenses granted to TDCC and to Symyx hereunder shall remain in effect, subject to all the terms and conditions of this Agreement.