Right to Sell Inventory. Upon termination of this Agreement pursuant to Section 17.2 due to the occurrence of one or more of the events set forth therein with respect to Synthelabo or pursuant to Section 17.3 due to a breach by Synthelabo, Synthelabo may, for a period of six (6) months after the termination date, sell all Licensed Products on hand as of the termination date, provided that all payments therefor are timely paid in compliance with Article 9 hereof.
Right to Sell Inventory. 70 7.17. Intellectual Property..........................70 7.18.
Right to Sell Inventory. Except in the case of termination pursuant to Sections 23.4 or 23.5 hereof, for six (6) months following termination of this Agreement, OPTIMER may sell PRODUCT inventory on hand as of the effective date of termination, provided that ARTICLE 12 shall apply to such inventory sales.
Right to Sell Inventory. Upon expiration or termination of this Agreement, except for reason of a breach of Licensee’s duty to comply with the quality control requirements, Licensee shall be entitled, for an additional period of three (3) months and on a nonexclusive basis, to continue to sell such Inventory. Such sales shall be made subject to all of the provisions of this Agreement and to an accounting for and the payment of a Royalty thereon. Such accounting and payment shall be due and paid within thirty (30) days after the close of the said three (3) month period.
Right to Sell Inventory. Agent shall at all times have the right (when it has such right under the Loan Documents) to sell Inventory using intellectual property licensed by the Borrower pursuant to either a court order and/or written consents from licensors.
Right to Sell Inventory. Notwithstanding anything to the contrary contained in this Section 7, in the event that either party elects not to renew the term of the agreement as provided for in Section 7.1 or upon a termination of the Supply Agreement, Supplier shall have the option to liquidate the existing inventory of Merchandise in Sxxxx Mart’s possession for a period of up to sixty (60) days subsequent to such termination of the Supply Right and during such sixty (60) days Sxxxx Mart will continue to display the remaining inventory of Merchandise in a manner consistent with such displays prior to such termination although the space allocated to that remaining inventory will be reduced as the quantity of that inventory is reduced; provided, however, that during such time after termination of the Supply Right, Sxxxx Mart may offer Merchandise for sale not acquired from Supplier even though Supplier is continuing to liquidate its inventory.
Right to Sell Inventory. Upon termination of this Manufacturing Agreement for any reason except for the withdrawal of Regulatory Approval of the Product(s), outstanding purchase orders for, and remaining inventory of, the Product(s) subject to such termination will be determined in good faith by the Parties hereto; provided that all payments hereunder in respect thereof are timely paid in compliance with Article 3 above.
Right to Sell Inventory. Cause the Agent to at all times have the right (when it has such right under the Loan Documents) to sell Inventory using intellectual property licensed by the Borrower pursuant to (a) the Disney Consent and the Mattel Consent, (b) within 120 days after the Closing Date the Pokemon Consent, and (c) within 120 days after the Closing Date, written consents providing such right to the Agent from the licensors (in form and substance satisfactory to the Agent and the Co-Agent in their sole discretion) of intellectual property which, together with and inclusive of owned intellectual property and property covered by the Disney Consent, the Mattel Consent and the Pokemon Consent, in the aggregate generate at least 70% of the Borrower's projected net sales as set forth on the financial projections for fiscal year ending December 31, 2000 which were delivered on December 2, 1999 ((a), (b) and (c), collectively, the "REQUIRED LICENSE CONSENTS").
Right to Sell Inventory. Following any termination of this Agreement, Pilot and its Affiliates and, if applicable, sublicensees shall continue to have the right for 12 months following termination to dispose of all Covered Products then on hand, and royalties shall be paid to BMS in respect of to such Covered Products as though this Agreement had not been so terminated; provided, such disposal of Covered Products shall not be in derogation of the safety concerns set forth in Section 8.1, in breach of Section 8.1, or in breach of Section 8.2(a), if applicable.
Right to Sell Inventory. In the event of termination of the marketing rights under this Agreement pursuant to Section 6.6.3, MiniMed shall nonetheless have the right for one year from the effective date of termination to sell the inventory of Long Term Sensors and other Licensed Products in its possession at the time of termination, except, however, that MRG shall have the right but not the obligation to repurchase the Long Term Sensors and other Licensed Products in MiniMed's inventory at the price paid by MiniMed to MRG for purchase of such products.
