Co-Co Term Clause Samples
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Co-Co Term. This Celgene Lead Co-Co Agreement shall become effective on the Celgene Lead Effective Date and, unless earlier terminated pursuant to this Article 8, shall remain in effect until it expires (the “Celgene Co-Co Term”):
(a) on a Co-Co Product-by-Co-Co Product and country-by-country basis in the ROW Territory (or, in the event of any Jounce Opt-Out, the Territory), this Celgene Lead Co-Co Agreement shall expire on the date of the expiration of all applicable Co-Co Royalty Terms with respect to such Co-Co Product in such country; and
(b) in its entirety with respect to the ROW Territory (or, in the event of any Jounce Opt-Out, the Territory) only upon the expiration of all applicable Co-Co Royalty Terms in the ROW Territory (or, in the event of any Jounce Opt-Out, the Territory) under this Celgene Lead Co-Co Agreement with respect to all Co-Co Products in the ROW Territory or the Territory, as applicable.
Co-Co Term. This Co-Co Agreement shall become effective on the Co-Co Agreement Effective Date and, unless earlier terminated pursuant to this Article 10, shall remain in effect until it expires (the “Co-Co Term”):
(a) on a Co-Co Product-by-Co-Co Product and country-by-country basis, this Co-Co Agreement shall expire on the date of the expiration of all applicable Co-Co Royalty Terms with respect to such Co-Co Product in such country; and
(b) in its entirety upon the expiration of all applicable Co-Co Royalty Terms under this Co-Co Agreement with respect to all Co-Co Products in all countries worldwide.
