Abbott Termination Rights Sample Clauses


Abbott Termination Rights. Abbott may terminate this Agreement (i) upon [***] prior written notice to Seattle Genetics if Abbott determines in good faith that the development of a commercially reasonable manufacturing process for the Bulk Drug Substance is [***] feasible in [***] or (ii) immediately after prior written notice to Seattle Genetics in accordance with Sections 2.2 and 8.2.


Abbott Termination Rights. Abbott may terminate this Agreement (i) upon [*] prior written notice to Seattle Genetics if Abbott determines in good faith that the development of a commercially reasonable manufacturing process for the Bulk Drug Substance, is [*] feasible in [*] or (ii) immediately after prior written notice to Seattle Genetics in accordance with Sections 2.2 and 7.5.

Abbott Termination Rights. Abbott may terminate this Agreement (i) upon one (1) year prior written notice to Seattle Genetics if Abbott determines in good faith that the development of a commercially reasonable manufacturing process for the Bulk Drug Substance, is not technically or operationally feasible in Abbott’s Worcester, Massachusetts facility, or other alternative facilities as identified by Abbott or (ii) immediately after prior written notice to Seattle Genetics in accordance with Sections 2.2 and 7.5.

Abbott Termination Rights. In the event Versicor elects not to launch Product by [**], Abbott shall have the right to terminate this Agreement.

Abbott Termination Rights. Unless otherwise provided by applicable law, this Agreement may be terminated by Abbott Nutrition immediately upon giving notice to Distributor, if (i) Distributor transfers or attempts to transfer, directly or indirectly, any of its rights or privileges hereunder in violation of Section 8; (ii) Distributor negligently or fraudulently acts or fails to act with respect to its reporting obligations hereunder, including Reports as provided in Section 3.3; (iii) Distributor fails to perform any advertising, promotional, merchandising, funding, rebate or similar program established by Abbott Nutrition; (iv) Distributor fails to obtain by the end of the first Contract Year or thereafter maintain the Distribution Requirements in Section 2.3; or (v) there is any material change in the control of Distributor or Distributor sells all or substantially all of its assets, without the prior written consent of Abbott Nutrition.