Common use of Material Breaches Clause in Contracts

Material Breaches. Section 2.1.1 — any act or omission by ARIAD that is inconsistent with, or that materially adversely affects, the rights and licenses granted to Bellicum as set forth in Section 2.1.1; Section 2.1 3(a) – any act by ARIAD that is inconsistent with the prohibitions imposed on ARIAD pursuant to Section 2.1.3(a), including, but not limited to, any such act that materially adversely changes any such prohibition, or that to any extent releases ARIAD from any such prohibition;

Appears in 2 contracts

Sources: Omnibus Amendment Agreement (Bellicum Pharmaceuticals, Inc), Omnibus Amendment Agreement (Ariad Pharmaceuticals Inc)

Material Breaches. Section 2.1.1 — any act or omission by ARIAD that is inconsistent with, or that materially adversely affects, the rights and licenses granted to Bellicum as set forth in Section 2.1.1; Section 2.1 3(a) – any act by ARIAD that is inconsistent with the prohibitions imposed on ARIAD pursuant to Section 2.1.3(a), including, but not limited to, any such act that materially adversely changes any such prohibition, or that to any extent releases ARIAD from any such prohibition;

Appears in 1 contract

Sources: Omnibus Amendment Agreement (Bellicum Pharmaceuticals, Inc)