Common use of Effectiveness of Termination Clause in Contracts

Effectiveness of Termination. Termination under this Article 12 shall not become effective so long as the alleged grounds for termination are in dispute and the matter(s) at issue have been submitted for resolution pursuant to this Agreement. * Certain information on this page has been omitted and filed separately with the SEC. Confidential treatment has been requested with respect to the omitted portions. CONFIDENTIAL TREATMENT REQUESTED

Appears in 3 contracts

Samples: Asset Purchase Agreement (Facet Biotech Corp), Asset Purchase Agreement (PDL Biopharma, Inc.), Asset Purchase Agreement (Biotech Spinco, Inc.)

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Effectiveness of Termination. Termination under this Article 12 shall not become effective so long as the alleged grounds for termination are in dispute and the matter(s) at issue have been submitted for resolution pursuant to this Agreement. * Certain information on this page has been omitted and filed separately with the SEC. Confidential treatment has been requested with respect to the omitted portions. CONFIDENTIAL TREATMENT REQUESTED.

Appears in 1 contract

Samples: Asset Purchase Agreement (PDL Biopharma, Inc.)

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