Common use of Automatic Effect Clause in Contracts

Automatic Effect. In all cases hereunder, regardless of whether GSK elects to terminate this Agreement or not, in accordance with Section 13.1.2, effective [ * ] the consummation of such Subject Transaction: [ * ]

Appears in 1 contract

Sources: Product Development and Commercialization Agreement (Exelixis, Inc.)

Automatic Effect. In all cases hereunder, regardless of whether GSK elects to terminate this Agreement or not, in accordance with Section [ * ] 13.1.2, effective [ * ] the consummation of such Subject Transaction: [ * ]

Appears in 1 contract

Sources: Product Development and Commercialization Agreement (Exelixis Inc)