Termination of License Agreement. This Agreement shall commence on the Effective Date and shall, unless earlier terminated, continue until any termination of the License Agreement.
Termination of License Agreement. Except as otherwise provided in this section, the Parties hereby agree to terminate the License Agreement, which termination will be effective on a country per country basis as follows: (1) for all countries in the Territory other than those included in (2) and (3) below, on the earlier of (a), the date of receipt of the Governmental Body approval for the transfer of the MA of Kuvan from Merck Serono to [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. BioMarin for such country, (in each case, the “Transfer Approval Date”), (b) on the date agreed to in writing by the Parties, and (c) December 31, 2016; (2) [*] and (3) [*] (the “License Termination Date”). The Parties further agree that, on and following the License Termination Date for a country, the License Agreement will have no further force or effect with respect to such country and all rights and obligations, including all rights and obligations identified in the License Agreement as surviving the termination of the License Agreement, of BioMarin and Merck Serono with respect to such country under the License Agreement shall cease and terminate on the License Termination Date; provided, however, that nothing in this Section 2.01 shall (i) prejudice any rights, claims, or causes of action that may have accrued to a party under the License Agreement with respect to a country prior to the applicable License Termination Date, or (ii) relieve any party to the License Agreement from liability for any breach of any of its representations, warranties, covenants or agreements set forth in the License Agreement with respect to a country prior to the applicable License Termination Date, including any obligation of any party relating to payments, fees or costs under the License Agreement. On the License Termination Date, Merck Serono shall cease all Exploitation of the Products and shall have no further rights thereafter to Exploit the Products in the applicable country, except to the extent necessary to provide the Transition Services hereunder.
Termination of License Agreement. On or before the Closing, Oculus and UABRF shall deliver to Fluidigm an agreement and acknowledgment that the License Agreement has been terminated and such other agreements and instruments as may be necessary or appropriate to evidence the return by Oculus to UABRF of all rights under the License Agreement.
Termination of License Agreement. Novosom and ProNAi agree that the substantive terms of the payment obligations of ProNAi to Novosom under the License Agreement have been restated in this Agreement as payment obligations of ProNAi to Novosom, except to the extent expressly amended hereby, and acknowledge that this Agreement establishes the rights of Novosom to receive payment from ProNAi relative to the Licensed Products formerly covered by the License Agreement. Upon the effectiveness of this Agreement as provided in Section 8 hereof, Novosom hereby consents to the termination of the License Agreement in its entirety and Novosom approves of such termination by ProNAi and Marina.
Termination of License Agreement. Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.
Termination of License Agreement. Effective as of the Closing, but subject to the execution and delivery of the Phase-Out License by Buyer (in the form attached to the purchase agreement, with such changes, if any, as may be agreed by the parties to the Phase-Out License) on or prior to the Closing, SCJ and Polymer hereby terminate the License Agreement and, except as provided herein and therein, the rights and obligations of the parties under the License Agreement shall terminate, provided that Polymer hereby agrees, in each case not later than 90 days after the Closing, to (a) change its name from “Johnson Polymer, LLC” to a name that does not contain the word “Johnson” and (b) cease using any materials with the name “Johnson” and cease selling any products that bear a “HOUSE MARK” (as defined in the License Agreement and referenced in Section 27 thereof). For the avoidance of doubt, Polymer shall, during the 90-day period after the Closing (but not after such 90-day period), (a) have the right to maintain in its company name the word “Johnson” and (b) have the right to use materials with the name “Johnson” so long as such activities are in accordance with the terms of the License Agreement (as if such document was in effect during such 90-day period). Polymer represents and covenants that it has no “SCJ LICENSED PRODUCTS” (as defined in the License Agreement and referenced in Section 27 thereof) and will not, at the time of the Closing, have any SCJ LICENSED PRODUCTS. In reliance on the prior representation and the other agreements contained herein and in the License Agreement, SCJ agrees that upon the Closing, (i) Section 27 of the License Agreement shall be of no force and effect and (ii) Polymer and Sellers’ subsidiaries will have no obligations under Section 27(a) of the License Agreement with respect to any raw materials or any finished goods.
Termination of License Agreement. If at any time during the Initial Term or the Subsequent Term, Styl-Rite's License Agreement with Halston is terminated for any reason, this Agreement shall terminate as of the same date. Ambassador will pay Styl-Rite for all outstanding invoices as of the date of termination.