EARLY TERMINATION OF THE RESEARCH PROGRAM Sample Clauses

EARLY TERMINATION OF THE RESEARCH PROGRAM. The Research Program may be terminated by either Party, such termination not otherwise to affect any other rights or obligations of the Parties under this Agreement, including without limitation commercialization rights, as follows:
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EARLY TERMINATION OF THE RESEARCH PROGRAM. Organon shall have the right to terminate the Research Program, without termination of this Agreement, by giving Ligand written notice of its intention to do so not later than ***(***) *** from the Commencement Date. The termination of the Research Program will be effective *** (***) *** after the Commencement Date. After termination of the Research Program Ligand shall have the right to use only Ligand Background Technology in the Field, without restriction, including the right to collaborate with a Third Party to develop Products based on a chemical template originated by Ligand.
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EARLY TERMINATION OF THE RESEARCH PROGRAM. During the initial *** Research Term, at any time after *** from the Commencement Date BMS shall have the right to terminate the Research Program by giving written notice to Ligand of its intention to do so. Notice of such early termination shall be effective *** from the date upon which it is received by Ligand. In such event, the Agreement shall continue in force, including the licenses granted under Sections 5.1.1 to 5.1.4 (whose duration and exclusivity is set forth in Section 5.1.5), except that no further payment shall be due under Section 2.7 and, except as provided in Section 4.5, Ligand shall have no further obligations to perform with respect to the Research Program for any quarters after the effective date of early termination of the Research Program.
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Related to EARLY TERMINATION OF THE RESEARCH PROGRAM

  • License Termination The licenses granted by Xencor to MorphoSys under Article 4 shall terminate.

  • Early Termination of Services Termination at any time upon 90 days’ prior written notice. Notwithstanding the second sentence of Section 4(b) of the Agreement, individual services within this schedule may be terminated without all other Services being simultaneously terminated. Upon the early termination of any Service(s) in this Schedule, Early Termination Fees of 75% of monthly costs shall be charged each month for 3 months.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Early Termination of Agreement This Agreement may be terminated prior to the Ending Date upon any one of the following events:

  • Company Termination The Company may at any time in its sole discretion terminate (a “Company Termination”) this Agreement and its right to initiate future Tranches by providing 30 days advanced written notice (“Termination Notice”) to Investor.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Integration; Termination This Agreement, together with the other Loan Documents, comprises the complete and integrated agreement of the parties on the subject matter hereof and thereof and supersedes all prior agreements, written or oral, on such subject matter. In the event of any conflict between the provisions of this Agreement and those of any other Loan Document, the provisions of this Agreement shall control; provided that the inclusion of supplemental rights or remedies in favor of the Agents or the Lenders in any other Loan Document shall not be deemed a conflict with this Agreement. Each Loan Document was drafted with the joint participation of the respective parties thereto and shall be construed neither against nor in favor of any party, but rather in accordance with the fair meaning thereof.

  • Termination of Consulting Period Notwithstanding any other provision hereof, the Consulting Period and Consultant’s services as a consultant hereunder shall terminate, and, except as otherwise specifically provided herein, this Agreement shall terminate:

  • Term of Agreement; Termination The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

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