Common use of Sell-Off Period Clause in Contracts

Sell-Off Period. Lian will have the right, for a period of [***] following termination of this Agreement in any Region, to sell or otherwise dispose of any Licensed Products in such terminated Regions, as applicable, on hand at the time of such termination or in the process of Manufacturing (the “Sell-Off Period”).

Appears in 2 contracts

Samples: License and Collaboration Agreement (Landos Biopharma, Inc.), License and Collaboration Agreement (LianBio)

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Sell-Off Period. Lian will have the rightAt Lian’s request, for a period of [***] following termination of this Agreement in any Region, to Lian shall sell or otherwise dispose of any Licensed Products in such terminated Regions, as applicable, on hand at the time of such termination or in the process of Manufacturing (the “Sell-Off Period”).

Appears in 2 contracts

Samples: License and Collaboration Agreement (Lyra Therapeutics, Inc.), License and Collaboration Agreement (LianBio)

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Sell-Off Period. Lian will have the right, for a period of [***] days following termination of this Agreement in any Region, to sell or otherwise dispose of any Licensed Products in such terminated Terminated Regions, as applicable, on hand at the time of such termination or in the process of Manufacturing (the “Sell-Off Period”).

Appears in 1 contract

Samples: License and Collaboration Agreement (LianBio)

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