Examples of Sanofi License in a sentence
Licensee shall make the royalty payments required to be made under the Baylor License and the Sanofi License directly to Baylor and Sanofi, respectively.
Except for the Sanofi License, as at the Effective Date and on each day during the Term, there is no agreement between Evotec or its Affiliates and any Third Party pursuant to which Evotec or its Affiliates obtained any right or license to the Licensed Product or Product or any intellectual property rights related to the Licensed Product or Product.
General and administrative expenses for 2015 were $41.0 million compared to $79.4 million in 2014, a decrease of 48.4%, primarily due to reduced non-cash stock compensation expense resulting from the modification and achievement of performance-based awards in 2014 and in the first quarter of 2015 and the effects of restructuring measures, in addition to the non-recurrence of professional fees incurred in the third quarter of 2014 associated with the entry into the Sanofi License Agreement.
Evotec shall not terminate the Sanofi License without first obtaining Kazia’s prior written consent, which consent shall not be unreasonably withheld.
If such Evotec Diligence Failure can reasonably be attributed to any action or inaction of Xxxxx resulting in a Xxxxx Diligence Failure, the terms of Section 5.4 shall apply provided, however, that in such case the time periods set out in Section 5.4 shall be adjusted to reflect the time periods applicable to the rectification or otherwise of the Evotec Diligence Failure under the Sanofi License.
Sanofi US, Aventis and the Investor, as applicable, shall have duly executed and delivered to the Company the Discovery Agreement and the Sanofi License and Collaboration Agreement, and there shall have been no termination of either of the Discovery Agreement or the Sanofi License and Collaboration Agreement that, as of the Closing, is effective.
Subject to Section 14.1(c), Sanofi shall bear [* * *] percent ([* * *]%) of any other payment owed by Sanofi, its Affiliates or its or their Sublicensees [* * *] under any New Sanofi License, or any other license or settlement, entered into by Sanofi, its Affiliates or its or their Sublicensees in connection with their Development, Manufacture or Commercialization of any Praluent Royalty Product under this Agreement or otherwise.
During the Term, Evotec will, at its own cost and expense, use best efforts to maintain the Sanofi License in full force and effect.
Evotec must notify Xxxxx immediately in writing upon receiving a written notice from Sanofi regarding any alleged failure by Evotec to satisfy its diligence obligations under the Sanofi License (“Evotec Diligence Failure”).
If, despite Evotec’s best efforts, the Sanofi License is terminated, Evotec shall use best efforts to assist Xxxxx to obtain a direct license from Sanofi.