DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION Sample Clauses

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. Upon termination of this Agreement, unless this Agreement was terminated by The Regents based on Licensee’s failure to timely pay financial obligations owed pursuant to this Agreement, Licensee may continue to sell any previously made Licensed Products during the six (6) month period immediately following the effective date of the termination of this Agreement; provided that, in such case, Licensee must continue to fulfill all obligations associated therewith as if this Agreement had not terminated, including the obligation to pay Earned Royalties on the sale of such Licensed Products and submit royalty reports per the due dates required under this Agreement.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 29.1 Upon termination of this License Agreement by either Party the Licensee shall provide the University with a written list of all LICENSED PRODUCTS in the process of being sold, sublicensed, or in use by Licensee, and shall destroy all LICENSED PRODUCTS in the possession of Licensee unless otherwise directed by University.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 14.1. Upon termination of this Agreement by Licensee, Licensee may continue to sell any previously made Licensed Products during the one hundred eighty (180) days following the Termination Effective Date. 14.2. Licensee must submit royalty reports on the sale of Licensed Products allowed under this Article 14 in accordance with Article 9 (PROGRESS AND ROYALTY REPORTS) and must pay royalties on such sales at the same rate and at the same time provided in this Agreement for royalties on sales of Licensed Products made during the term of this Agreement. 14.3. Except as set forth in this Article 14, Licensee will not otherwise make, sell, offer for sale, or import Licensed Products after termination of this Agreement by Licensee or The Regents.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. Upon termination of this Agreement, Santarus and its Joint Ventures and sublicensees will have the right to sell all previously made or partially made Licensed Products within a period of *** following the effective date of termination, provided, however, that the sale of such Licensed Products will be subject to the terms of this Agreement including, but not limited to the payment of royalties based on the Net Sales of Licensed Products at the rates and at the times provided herein and the rendering of reports in connection therewith.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 12.1 Within [***] days of termination of this Agreement for any reason, HeartLab shall provide Berkeley Lab with a written inventory of all Licensed Products in process of manufacture or in stock. HeartLab shall dispose of those Licensed Products within [***] days of termination. The sale of any Licensed Product within the [***] days is subject to the terms of this Agreement.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 12.1 Upon termination of this Agreement LICENSEE shall have the privilege of disposing of all previously made or partially made Licensed Products, but no more, within a period of [***] ([***]) [***]; provided, however, that the sale of such Licensed Products shall be subject to the terms of this Agreement including, but not limited to, the payment of royalties other than minimum royalties at the rate and at the time provided herein and the rendering of reports thereon.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. Upon expiration or termination of this Agreement by either party, Licensee shall provide Licensor with a written inventory of all Licensed Products in process of manufacture, in use or in stock. Licensee may dispose of any such Licensed Products within the ninety (90)-day period following such expiration or termination, provided, however, that Licensee shall pay royalties and render reports to Licensor thereon in the manner specified herein.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 11.1 Upon termination of this Agreement pursuant to Article 10 (TERMINATION), LICENSEE may Sell all previously made or partially made Licensed Products (and such partially made Licensed Products may be completed prior to Sale), but will not make or Sell additional Licensed Products, provided, however, that the Sale of such Licensed Products will be subject to the terms of this Agreement including, but not limited to, the payment of earned royalties at the rates and at the times provided herein and the rendering of reports in connection therewith LICENSEE will also be permitted to provide Licensed Services for so long as is reasonably necessary to complete those contractual obligations of LICENSEE accruing prior to termination or expiration of this Agreement, provided that LICENSEE’s providing of such Licensed Services will be subject to the terms of this Agreement, including, but not limited to, the payment of earned royalties at the rates and at the times provided herein and the rendering of reports in connection herewith. 11.2 Within thirty (30) days after termination of this Agreement by either Party pursuant to Article 10 (TERMINATION), LICENSEE will provide THE REGENTS with a written inventory of all Licensed Products in process of manufacture or in stock on the date of termination. LICENSEE may complete Licensed Products in the process of manufacture at the time of termination, and may dispose of Licensed Products provided that LICENSEE pays royalties to THE REGENTS on such dispositions. 11.3 Upon termination of this Agreement pursuant to Article 10 (TERMINATION), LICENSEE may not practice Licensed Methods after the date of termination of this Agreement except as necessary to complete the manufacture of Licensed Products as permitted under Paragraph 11.2 and to provide Licensed Services as described in Paragraph 11.1.

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 11.1 Upon termination of this Agreement, LICENSEE may Sell all previously made or partially made Licensed Products, but no additional Licensed Products, within a period of [****] after the date of termination, provided, however, that the Sale of such Licensed Products will be subject to the terms of this Agreement including, but not limited to, the payment of earned royalties at the rates and at the times provided herein and the rendering of reports in connection therewith. 11.2 Within thirty (30) days after termination of this Agreement by either Party, LICENSEE will provide LLNS with a written inventory of all Licensed Products in process of manufacture or in stock on the date of termination. LICENSEE may complete Licensed Products in the process of manufacture at the time of termination, and may dispose of Licensed Products for [****] after the date of termination provided that LICENSEE pays royalties to LLNS on such dispositions. At the conclusion of the [****] period, LICENSEE will destroy any remaining Licensed Products in stock or in process of manufacture and certify such destruction to LLNS.