Amgen. Upon any Default by Amgen under this Agreement, InterMune may notify Amgen in writing of such Default and require that Amgen cure such Default within [*] days, or, if such Default cannot reasonably be cured within such time period, present a reasonably achievable plan to cure such Default as promptly as is reasonably practicable under the circumstances. In the event Amgen shall not have cured the Default at the end of the [*] grace period, InterMune may [*] or (ii) terminate this Agreement effective upon a second written notice to Amgen. If Amgen fails to cure a Default as described in clause (i) of the foregoing sentence within [*] after such written notice, then any [*] and InterMune shall be relieved of its obligations pursuant to [*] but the other provisions of this Agreement (including without limitation Section 6.4) shall remain in full force and effect.
Appears in 1 contract
Sources: License and Commercialization Agreement (Intermune Inc)
Amgen. Upon any Default by Amgen under this Agreement, InterMune may notify Amgen in writing of such Default and require that Amgen cure such Default within [***] days, or, if such Default cannot reasonably be cured within such time period, present a reasonably achievable plan to cure such Default as promptly as is reasonably practicable under the circumstances. In the event Amgen shall not have cured the Default at the end of the [***] grace period, InterMune may [***] or (ii) terminate this Agreement effective upon a second written notice to Amgen. If Amgen fails to cure a Default as described in clause (i) of the foregoing sentence within [***] after such written notice, then any [***] and InterMune shall be relieved of its obligations pursuant to [***] but the other provisions of this Agreement (including without limitation Section 6.4) shall remain in full force and effect.
Appears in 1 contract
Sources: License and Commercialization Agreement (Valeant Pharmaceuticals International)