Consequences of Expiration or Termination. All of the following effects of expiration or termination, as applicable, are in addition to the other rights and remedies that may be available to the Parties at law or in equity.
Consequences of Expiration or Termination. Upon expiration or prior termination of this Agreement:
Consequences of Expiration or Termination. (a) In the event of expiration of this Agreement or termination of the Agreement for any reason whatsoever:
Consequences of Expiration or Termination. Upon expiration or earlier termination of this Agreement by either Party under Section 8.2 hereof, the following provisions shall apply:
Consequences of Expiration or Termination. (a) Consequences of Termination of this Agreement with Respect to One or More Country(ies) but Not in the Entire Territory. Upon early termination of this Agreement by Licensee pursuant to Section 12.3 (Termination by Licensee) or by Coherus pursuant to Section 12.5 (Termination for Material Breach) with respect to a country (but not all countries in a Territory):
Consequences of Expiration or Termination. Upon expiration or receipt of notice of termination of this Agreement, the Licensee shall furnish Licensor with a detailed inventory of stock of the API and the Licensed Products held at the date of such notice together with a projection of sales up to the effective date of termination. Within 10 days following the effective date of termination, the Licensee shall furnish Licensor with a statement, certified by an accountant instructed by Licensor, showing in detail the stock of the API and the Licensed Products owned by the Licensee on the effective date of termination and the invoiced value thereof. The Licensee has the right to sell out these Licensed Products during the first 6 (six) months after the effective date of termination of this Agreement, provided Licensor. The repurchase option may be exercised by Licensor by sending a written notice to the Licensee at any time during a period of 45 days after receipt by Licensor of the accountant's certified statement referred to in Clause 15.2.15.2, during which period the Licensee will accord Licensor's accredited representatives free access during normal business hours to the stock for the purposes of viewing and inspection. Delivery of the stock specified in the written notice (for pick-up by Licensor or its designee at the Licensee's warehouse) shall be made within 20 days after the Licensee has received such notice. Arrangements for the shipment of such stock shall be made by Licensor or its designee. It is agreed by Licensor and Licensee that the settlement of remaining API following the termination of this Agreement shall be negotiated in good faith by both Parties within 30 days after the termination of this Agreement. Upon the expiration or termination of this Agreement for any reason: Licensee shall cease to manufacture, promote, market or advertise the Licensed Products or make use of any of the Licensed Marks other than for the purpose of selling the Licensed Products to End Customers whose orders were accepted prior to the Termination Date; and Licensee may continue to perform and discharge its contractual obligations to sell and supply Licensed Products to End Customers according to binding orders which Licensee had entered into prior to the Termination Date; and The expiry or termination of this Agreement shall not exempt any of the Parties from the obligation to pay the other Party any amount due at the time of expiry or termination hereof. The payment terms shall continue to apply to all o...
Consequences of Expiration or Termination. (a) The following Articles and Sections of this Amended and Restated License Agreement shall survive its termination or expiration: Articles 5, 8 and 10, and Sections 2.3, 3.5, 6.2, 7.3, 7.4 and 9.4. In addition, upon the expiration of this Amended and Restated License Agreement or in the event of termination by Shell pursuant to Section 9.2, Section 2.1 shall survive such expiration or termination, as the case may be.
Consequences of Expiration or Termination. (a) The expiration or termination of the Agreement does not affect any rights, liabilities or obligations of the Principal or the Agent as a result of anything occurring before the expiration or termination.
Consequences of Expiration or Termination. (a) If Shell terminates this Amended and Restated Research Agreement pursuant to Section 11.3 (Material Breach), 12.2 (Assignment) or 12.4 (Force Majeure), or if Codexis terminates this Amended and Restated Research Agreement pursuant to Section 11.2(b) (Termination for Convenience), then (i) the Amended and Restated License Agreement shall continue according to its terms; and (ii) Codexis shall pay to Shell any amount previously paid to Codexis pursuant to Section 3.3 that, as of the effective date of such termination, has not been spent on performing Codexis’ obligations under the Program and does not correspond to a non-cancellable commitment with respect to such performance; provided, however, that in the event that Shell terminates this Amended and Restated Research Agreement prior to the sixth (6th) anniversary of the Effective Date pursuant to Section 11.3 (Material Breach), 12.2 (Assignment) or 12.4 (Force Majeure) (provided such termination pursuant to Section 12.4 occurs no sooner than nine (9) months after the applicable force majeure event and provided further that Codexis is the Party affected by such force majeure event and provides Shell with the full particulars thereof as soon as it becomes aware of the same (including its best estimate of the likely extent and duration of the interference with its activities), and Codexis can represent in good faith that it can resume its performance under this Amended and Restated Research Agreement, no later than nine (9) months after such force majeure event), Codexis shall refund the exclusivity fee paid by Shell to Codexis in accordance with Section 3.2 on a pro rata basis based on the quotient obtained by dividing (A) the duration of time remaining between the effective date of such termination and the sixth (6th) year anniversary of the Effective Date by (B) five (5) years. By way of example, if Shell terminates this Amended and Restated Research Agreement pursuant to Section 11.3 on the fourth (4th) anniversary of the Effective Date, then Codexis shall refund Eight Million United States Dollars ($8,000,000) to Shell.
Consequences of Expiration or Termination. Subject to the provisions of Section 6.2, upon expiration or termination of the Term, the following shall survive any such expiration or termination: (i) the obligations of Sections 2.2, 2.3, 4.2,5.2,5.3,5.4,5.5.6.3 and 6.4 and Articles 7, 8, 9, 10 and 11 (and any sections in the Exhibits referenced therein); (ii) subject to the continuing payment of royalties, Licensee’s right to make, have made, offer to sell, sell, import or otherwise distribute copies of Devices under Section 2.1(b), where the design or development of such Devices has been commenced as of the expiration or termination, (iii) subject to the continuing payment of maintenance fees (pursuant to Section 4.2), the right to receive continuing maintenance services; (iv) the right to use the Licensed Technology to continue to design and develop any Devices (under Section 2.1(a) which have been commenced as of the expiration or termination; and (v) any right or obligation of a party that has accrued as of the effective date of any termination or expiration, including without limitation, obligations to pay amounts owed.
