Program Agreements definition
Examples of Program Agreements in a sentence
For any assigned Program Agreements: (A) Licensor shall be solely responsible for all Losses arising from, or relating to, any such agreement as a result of, or in connection with, events or occurrences prior to the date of such assignment; and (B) Novartis shall be solely responsible for any and all Losses arising from, or relating to, any such agreement as a result of, or in connection with, events or occurrences on or after the date of such assignment.
In the event any such Program Agreements are not assignable without the consent of the counterparty, Licensor shall use Commercially Reasonable Efforts to obtain such consent prior to the Effective Date or, where such consent is not obtained by such date, [***] thereafter.
After the Effective Date, upon Novartis’ request, to the extent permitted in accordance with the applicable Program Agreement, Licensor shall [***] assign to Novartis or its designee all relevant Third Party agreements requested by Novartis in effect and related solely to the Exploitation of Licensed Compounds or Licensed Products, including, for clarity, the Third Party agreements set forth in Exhibit 2.5(E)(I) (Program Agreements) (“Program Agreements”).