General Effects of Expiration or Termination. (a) Except as otherwise expressly provided in this Article X, all rights and obligations of the Parties under this Agreement shall terminate upon expiration or termination of this Agreement for any reason.
General Effects of Expiration or Termination. Upon the termination of this Agreement or the expiration of the Term, Article I (Definitions), Section 3.4 (for the period set forth therein), Article VI (Product Trademark; Intellectual Property Litigation), Article VIII (Confidentiality; Taxes; Nonsolicitation), Article IX (Representation, Warranties and Covenants) (with respect to breaches thereof as of the Signature Date), this Article X (Term; Termination), Article XI (Indemnification and Liability Limits) and Article XIII (Miscellaneous) shall survive any expiration or termination of this Agreement. Notwithstanding anything contained in this Agreement to the contrary, in no event shall the termination or expiration of this Agreement affect any Party’s obligation to pay any amounts owed to any other Party as of the time of such termination or expiration or release either Party of any other obligation or liability which, at the time of such expiration or termination, has already accrued to the other Party or which is attributable to a period prior to such expiration or termination. Except as otherwise expressly provided in this Article X and as may be awarded under the ruling of a Neutral, all rights and obligations of the Parties under this Agreement shall terminate upon expiration or termination of this Agreement for any reason. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
General Effects of Expiration or Termination. Expiration or termination of this Agreement for any reason shall not release either Party hereto from any liability that at the time of such termination or expiration has already accrued to the other Party. Upon the expiration or any termination of this Agreement, (i) the provisions of Articles 1-10 shall survive, and (ii) any sublicenses granted by a Party in accordance with this Agreement shall survive, provided that the applicable sublicensee agrees in writing to be bound by the applicable terms of this Agreement. Except as otherwise expressly provided in this Article 9, all other terms and conditions of this Agreement shall terminate upon expiration or termination of this Agreement.
General Effects of Expiration or Termination. (i) Expiration or termination of this Agreement for any reason shall not release either Party of any obligation or liability which, at the time of such expiration or termination, has already accrued to the other Party or which is attributable to a period prior to such expiration or termination.
General Effects of Expiration or Termination. (i) Bukwang will have the right to receive all payments accrued prior to the effective date of termination;
General Effects of Expiration or Termination. To the extent this Agreement expires or terminates in its entirety, the following shall apply:
General Effects of Expiration or Termination. The expiration or earlier termination of this Agreement shall not relieve either Party of any obligation accruing under this Agreement prior to such expiration or termination. Any expiration or early termination of this Agreement shall be without prejudice to the rights of either Party against the other in respect of any financial obligations accrued under this Agreement prior to the effective date of such expiration or termination, including the obligation to pay royalties for Licensed Products sold prior to such date.
General Effects of Expiration or Termination. (a) If (i) Alvogen or Pfenex has no interest in extension of cooperation after expiry of this Agreement pursuant to Section 10.1, or (ii) Alvogen receives a termination notice from Pfenex pursuant to Section 10.2(a), or (iii) Alvogen delivers a termination notice to Pfenex pursuant to Section 10.2(b), except if Pfenex delivers termination notice due to breach of this Agreement by Alvogen’s Sublicensee, then, in each case, Alvogen shall notify Sublicensee on lack of interest of continuation of cooperation, or termination notice and inquire of Sublicensee’s interest to discuss execution of the New Agreement or supply agreement directly with Pfenex. If Sublicensee does not respond within thirty (30) days, or confirms lack of interest in negotiating the New Agreement or supply agreement, this Agreement shall be terminated in line with Section 10.2. However, if Alvogen’s Sublicensee shows interest in execution of agreement with Pfenex within such thirty (30) day period, Pfenex and Sublicensee shall initiate discussions with the aim of execution of such agreement within hundred and twenty (120) days. If Pfenex and Sublicensee sign the New Agreement or supply agreement, this Agreement shall be terminated and termination consequences stipulated in Section 10.6 shall apply.
General Effects of Expiration or Termination
