Common use of Royalty and Payment Obligations Clause in Contracts

Royalty and Payment Obligations. Termination of this Agreement by either Party for any reason will not release Roche from any obligation to pay royalties or make any payments to Memory which were accrued prior to the effective date of termination (including for sales made and Events achieved under Article 4, prior to the date of termination). However, termination of this Agreement by either Party for any reason will release Roche from any obligation to pay royalties or make any payments to Memory which would have otherwise become accrued after the effective date of termination.

Royalty and Payment Obligations. Termination of this Agreement by either Party a Party, for any reason will reason, shall not release Roche from any obligation to pay royalties or make any payments to Memory which were accrued C4T that are payable prior to the effective date of termination (including for sales made and Events achieved under Article 4, prior to the date of termination). However, termination Termination of this Agreement by either Party a Party, for any reason reason, will release Roche from any obligation to pay royalties or make any payments to Memory which C4T that would have otherwise become accrued payable on or after the effective date of termination.