Examples of Merck License Agreement in a sentence
The “Licensed Compound MK-0594” defined under the Merck License Agreement is the Licensed Compound under this Agreement.
Exhibit F hereto is an accurate and complete copy of the Merck License Agreement.
The Merck License Agreement has not been amended nor has any material provision thereof been waived by MTI.
Licensee hereby acknowledges and agrees that its sublicense under such in-licensed MTI Technology (if any) is subject to the terms and conditions of the applicable license agreement governing MTI’s license of such in-licensed MTI Technology, including, specifically, the Merck License Agreement.
MTI shall (i) perform its obligations under the Merck License Agreement, (ii) maintain its rights under the Merck License Agreement in all material respects, (iii) promptly notify Licensee in writing of any written notice threatening termination of the Merck License Agreement and (iv) promptly provide Licensee with a copy of any amendments thereto or waivers thereunder.
MTI will not amend or waive any provision of the Merck License Agreement, in any way that materially affects Licensee’s rights hereunder, or elect to terminate the Merck License Agreement without the prior written consent of Licensee.
In addition, upon the expiration or termination of this Agreement for any reason (other than for Eiger’s termination of this Agreement in accordance with Section 22(b) or PRF’s termination of this Agreement in accordance with Section 22(a)(i) for convenience and not due to any breach of this Agreement by Eiger), Sections 2(c) and 2(d) shall survive so long as the Merck License Agreement is in effect.
LIST OF EXHIBITS: Exhibit A: Letter Agreement Exhibit B: MTI Patents Exhibit C: Development Plan Exhibit D: Supply Agreement Key Terms Exhibit E: Press Releases Exhibit F: Merck License Agreement Exhibit G: [***] Confidential treatment has been sought for portions of this agreement.
Merck License Agreement In September 2010, the Company entered into an exclusive license agreement with Schering Corporation, subsequently acquired by Merck & Co., Inc., or Merck, which provides the Company with the exclusive right to develop and commercialize Sarasar/Lonafarnib.
Licensee hereby covenants that it shall not, nor shall it cause or authorize, provide material support to or encourage any Affiliate or sublicensee to knowingly use or practice, directly or indirectly, any Cerecor Know-How or Cerecor Patent Rights for any purposes other than those expressly permitted by this Agreement and/or the Merck License Agreement.