Examples of Terminated Country in a sentence
HMR shall provide written notification to Myogen of its intent to deem a particular country a Terminated Country, and Myogen shall have ninety (90) days following receipt of such written notice in which to respond to such proposed action.
If Myogen shall in good faith dispute such intention to deem a particular country a Terminated Country, the Parties shall submit such matter to arbitration pursuant to the terms of Article XI hereof.
To the extent that royalties may not be collected in a certain Terminated Country under Applicable Law for the full royalty term hereunder, then the royalty due on sales in such country shall terminate after the maximum period under which royalties may be collected under Applicable Law without effect on the royalties due hereunder with respect to sales made in other Terminated Countries.
In such event, DURECT shall have the right to Commercialize such Licensed Product in the Terminated Country in accordance with Section 15.5(b).
Notwithstanding the foregoing, if the clinical trials in the Terminated Country are required or useful for Regulatory Filings or permitted activities with respect to the Product outside the Terminated Country, then Rain will, upon sending written notice of its decision to terminate its activities in the Terminated Country, have the option of completing such clinical trials.