Common use of Force Majeure Termination Clause in Contracts

Force Majeure Termination. If a Force Majeure event that prevents the performance of one Party persists for the applicable duration stated in this Section 10.7, then the other Parties shall have the right to terminate this Agreement upon thirty (30) days' prior written notice to the non-performing Party: (a) 12 months, if such Force Majeure is due to regulatory delays (including delays attributable to Health Canada or the FDA) or is a Force Majeure that entitles GSK Canada to an extension of time under Section 3.4(c); or (b) 18 months, with respect to any other Force Majeure (including those described in Sections 7.5(c), 7.5(d)(i) and 7.5(f)), except for a supply interruption Force Majeure that is described in Section 10.4(f). ---------------------------------- * Confidential Treatment requested. 62. <PAGE> 10.8

Appears in 1 contract

Sources: License and Supply Agreement

Force Majeure Termination. If a Force Majeure event that prevents the performance of one Party persists for the applicable duration stated in this Section 10.7, then the other Parties shall have the right to terminate this Agreement upon thirty (30) days' [*] prior written notice to the non-performing Party: : (a) 12 months[*], if such Force Majeure is due to regulatory delays (including delays attributable to Health Canada or the FDA) or is a Force Majeure that entitles GSK Canada to an extension of time under Section 3.4(c); or or (b) 18 months[*], with respect to any other Force Majeure (including those described in Sections 7.5(c), 7.5(d)(i) and 7.5(f)), except for a supply interruption Force Majeure that is described in Section 10.4(f). ---------------------------------- * Confidential Treatment requested. 62. <PAGE> 10.8.

Appears in 1 contract

Sources: License and Supply Agreement (Corixa Corp)

Force Majeure Termination. If a Force Majeure event that prevents the performance of one Party persists for the applicable duration stated in this Section 10.7, then the other Parties shall have the right to terminate this Agreement upon thirty (30) days' prior written notice to the non-performing Party: : (a) 12 months, if such Force Majeure is due to regulatory delays (including delays attributable to Health Canada or the FDA) or is a Force Majeure that entitles GSK Canada to an extension of time under Section 3.4(c); or or (b) 18 months, with respect to any other Force Majeure (including those described in Sections 7.5(c), 7.5(d)(i) and 7.5(f)), except for a supply interruption Force Majeure that is described in Section 10.4(f). ---------------------------------- * Confidential Treatment requested. 62. <PAGE> 10.8.

Appears in 1 contract

Sources: License and Supply Agreement (Corixa Corp)