Alliance Agreements definition
Examples of Alliance Agreements in a sentence
The Parties also confirm their mutual understanding that any amounts previously conveyed by Seller to Buyer under the Alliance Agreements (or such other documents or instruments contemplated by the Alliance Agreements) are non-refundable notwithstanding termination of the Alliance Agreements and Buyer may utilize any outstanding funds received under or in contemplation of the Alliance Agreements for any purpose following the Closing.
Buyer shall retain all rights to the Licensed Data Set, Clinical Trial Biospecimens, and SR Biospecimens (as such terms are defined in the Alliance Agreements).
This Section 3.02 supersedes any rights granted in any of the Alliance Agreements.
Effective upon the Closing and in consideration of Seller’s satisfaction of the Seller Accrued Payment Obligations, the Alliance Agreements are hereby irrevocably terminated with no further force or effect except as specifically set forth in this Agreement and neither Party shall have any obligation, responsibility, or liability to the other Party for any reason whatsoever in connection with the Alliance Agreements from and after the Closing.
Any requests by Seller for Buyer to initiate or conduct any clinical trials under the Alliance Agreements, whether express or implied, are hereby deemed withdrawn as of the Closing.