Change of Control or Ownership. Either party may terminate this Agreement upon thirty (30) days' written notice if the ownership or control of at least fifty percent (50%) of the assets or voting securities of the other party are transferred and, in the non-changing party's reasonable judgment, the other party's new owner or controlling entity is a competitor of the non-changing party in the field of erectile dysfunction in the Territory.
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Samples: Preferred Share Purchase Rights, Distribution and Supply Agreement (Vivus Inc), Distribution and Supply Agreement (Vivus Inc)
Change of Control or Ownership. Either party Party may terminate this Agreement upon thirty (30) days' written notice if the ownership or control of at least fifty percent (50%) % of the assets or voting securities of the other party Party are transferred and, in the non-changing partyParty's reasonable judgmentjudgement, the other partyParty's new owner or controlling entity is a competitor of the non-changing party Party in the field of erectile dysfunction in the Territoryoncology.
Appears in 2 contracts
Samples: And Development Agreement (Supergen Inc), And Development Agreement (Avi Biopharma Inc)
Change of Control or Ownership. Either party may terminate this Agreement upon thirty (30) days' written notice if the ownership or control of at least fifty percent (50%) of the assets or voting securities of the other party are transferred and, in the non-changing party's reasonable judgment, the other party's new owner or controlling entity is a competitor of the non-changing party in the field of erectile dysfunction in the Territorydysfunction.
Appears in 1 contract
Samples: Supply Agreement (Vivus Inc)
Change of Control or Ownership. Either party may terminate this Agreement upon thirty (30) days' written notice if the ownership or control of at least fifty percent (50%) of the assets or voting securities of the other party are transferred and, in the non-changing party's reasonable judgmentjudgement, the other party's new owner or controlling entity is a competitor of the non-changing party in the field of erectile dysfunction in the Territorydysfunction.
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Change of Control or Ownership. Either party Party may terminate this Agreement upon thirty (30) days' written notice if the ownership or control of at least fifty percent (50%) [________] of the assets or voting securities of the other party Party are transferred and, in the non-changing partyParty's reasonable judgmentjudgement, the other partyParty's new owner or controlling entity is a competitor of the non-changing party Party in the field of erectile dysfunction in the Territoryoncology. In addition to this right, if [___________].
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