Common use of No Breaches or Defaults Clause in Contracts

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Company (or any predecessor thereof) or, to the Knowledge of the Company, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Company or, to the Knowledge of the Company, by Licensee.

Appears in 2 contracts

Samples: Funding Agreement (Infinity Pharmaceuticals, Inc.), Funding Agreement (MEI Pharma, Inc.)

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No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Company Seller (or any predecessor thereof) or, to the Knowledge of the CompanySeller, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Company Seller or, to the Knowledge of the CompanySeller, by Licensee.

Appears in 2 contracts

Samples: Royalty Purchase Agreement (LadRx Corp), Royalty Purchase Agreement (XOMA Corp)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the any License Agreement either by the Company Seller (or any predecessor thereof) or, to the Knowledge of the CompanySeller, by the Licensee party thereto (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default under any provision of any License Agreement either by the Company Seller or, to the Knowledge of the CompanySeller, by Licenseethe Licensee party thereto.

Appears in 1 contract

Samples: Royalty Purchase Agreement (MorphoSys AG)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Company (or any predecessor or Affiliate thereof) or, to the Knowledge of the Company, by Licensee (or any predecessor or Affiliate thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Company or, to the Knowledge of the Company, by Licensee.

Appears in 1 contract

Samples: Royalty Purchase Agreement (Agios Pharmaceuticals, Inc.)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Company Seller (or any predecessor thereof) or, to the Knowledge of the CompanySeller, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Company Seller or, to the Knowledge of the CompanySeller, by Licenseethe other party to the License Agreement.

Appears in 1 contract

Samples: Royalty Purchase Agreement (Cytokinetics Inc)

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No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Company (or any predecessor thereof) or, to the Knowledge of the Company, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Company or, to the Knowledge of the Company, by Licensee.

Appears in 1 contract

Samples: Purchase Agreement (Epizyme, Inc.)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Company Seller (or any predecessor thereof) or, to the Knowledge of the CompanySeller, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Company Seller or, to the Knowledge of the CompanySeller, by Licensee.

Appears in 1 contract

Samples: Royalty Purchase Agreement (Ultragenyx Pharmaceutical Inc.)

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