Common use of Termination for Governmental Action Clause in Contracts

Termination for Governmental Action. Either Party may terminate this Agreement upon ten (10) days’ prior written notice in the event that any Governmental Authority takes any action or raises any objection (“Governmental Action”) that prevents Licensee, for a period of not less than one hundred eighty (180) days, from importing, exporting, purchasing or selling the Licensed Product in the Territory, or that has the effect of making Licensor’s manufacture of the Licensed Product unlawful.

Termination for Governmental Action. Either Party may terminate this Agreement upon ten (10) days’ prior written notice in the event that any Governmental Authority takes any action or raises any objection (“Governmental Action”) that prevents Licensee, for a period of not less than one hundred eighty (180) days, from importing, exporting, purchasing or selling the Licensed Product in the Territory, or that has the effect of making Licensor’s manufacture of the Licensed Product unlawful.

Termination for Governmental Action. Either Party may terminate this Agreement upon ten (10) days’ [***] days prior written notice in the event that any Governmental or Regulatory Authority takes any action or raises any objection (“Governmental Action”) that prevents LicenseeLicensee from making, for a period of not less than one hundred eighty (180) dayshaving made, from marketing, promoting, importing, exporting, purchasing or selling the Licensed Product in the TerritoryProduct, or that has the effect of making Licensor’s manufacture any of the Licensed Product transactions contemplated by this Agreement unlawful.