Distribution Agreement Milestone Payments. ARIAD SWISSCO shall, promptly, upon receipt (and in any event within [**] of receipt) pay to ARIAD US [**] of the Distribution Agreement Milestone Payments in [**]. ARIAD SWISSCO hereby agrees to (i) use all Commercially Reasonable Efforts to enforce the provisions of the relevant Distribution Agreement pursuant to which the Distribution Agreement Milestone Payments are payable and collect payment thereof from the relevant counterparty; and (ii) not [**] the relevant Distribution Agreement pursuant to which the [**] or take any other steps that would [**] under this Section 19.4 without ARIAD US’ prior written consent or without providing compensation for such impact.
Appears in 3 contracts
Samples: License Agreement, License Agreement (Incyte Corp), License Agreement (Incyte Corp)
Distribution Agreement Milestone Payments. ARIAD SWISSCO shall, promptly, upon receipt (and in any event within [***] of receipt) pay to ARIAD US [***] of the Distribution Agreement Milestone Payments in [***]. ARIAD SWISSCO hereby agrees to (i) use all Commercially Reasonable Efforts to enforce the provisions of the relevant Distribution Agreement pursuant to which the Distribution Agreement Milestone Payments are payable and collect payment thereof from the relevant counterparty; and (ii) not [***] the relevant Distribution Agreement pursuant to which the [***] or take any other steps that would [***] under this Section 19.4 without ARIAD US’ prior written consent or without providing compensation for such impact.
Appears in 2 contracts
Samples: License Agreement (Ariad Pharmaceuticals Inc), License Agreement (Ariad Pharmaceuticals Inc)
