Common use of Winding Down Clause in Contracts

Winding Down. Biosource may, in its discretion, engage in an orderly wind-down of the Research Services, including the reassignment of the scientists devoted thereto, during the last six (6) months of the Research Collaboration. Biosource shall absorb all of its own costs of winding down the Research Collaboration.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Large Scale Biology Corp), Collaboration and License Agreement (Large Scale Biology Corp)