Common use of No Breaches or Defaults Clause in Contracts

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Seller (or any predecessor thereof) or, to the Knowledge of the Seller, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the Seller or, to the Knowledge of the Seller, by Licensee.

Appears in 2 contracts

Samples: Royalty Purchase Agreement (XOMA Corp), Royalty Purchase Agreement (LadRx Corp)

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No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Seller Company (or any predecessor thereof) or, to the Knowledge of the SellerCompany, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller Company or, to the Knowledge of the SellerCompany, by Licensee.

Appears in 2 contracts

Samples: Funding Agreement (MEI Pharma, Inc.), Funding Agreement (Infinity Pharmaceuticals, Inc.)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the any License Agreement either by the Seller (or any predecessor thereof) or, to the Knowledge of the Seller, by the Licensee party thereto (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default under any provision of any License Agreement either by the Seller or, to the Knowledge of the Seller, by Licenseethe Licensee party thereto.

Appears in 1 contract

Samples: Royalty Purchase Agreement (MorphoSys AG)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Seller Company (or any predecessor or Affiliate thereof) or, to the Knowledge of the SellerCompany, by Licensee (or any predecessor or Affiliate thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller Company or, to the Knowledge of the SellerCompany, by Licensee.

Appears in 1 contract

Samples: Royalty Purchase Agreement (Agios Pharmaceuticals, Inc.)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Seller Company (or any predecessor thereof) or, to the Knowledge of the SellerCompany, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any breach or default either by the Seller Company or, to the Knowledge of the SellerCompany, by Licensee.

Appears in 1 contract

Samples: Purchase Agreement (Epizyme, Inc.)

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No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Seller (or any predecessor thereof) or, to the Knowledge of the Seller, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller or, to the Knowledge of the Seller, by Licensee.

Appears in 1 contract

Samples: Royalty Purchase Agreement (Ultragenyx Pharmaceutical Inc.)

No Breaches or Defaults. There is and has been no material breach or default under any provision of the License Agreement either by the Seller (or any predecessor thereof) or, to the Knowledge of the Seller, by Licensee (or any predecessor thereof), and there is no event that upon notice or the passage of time, or both, would reasonably be expected to give rise to any material breach or default either by the Seller or, to the Knowledge of the Seller, by Licenseethe other party to the License Agreement.

Appears in 1 contract

Samples: Royalty Purchase Agreement (Cytokinetics Inc)

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