Common use of Stock on Hand Clause in Contracts

Stock on Hand. In the event this Agreement is terminated for any reason, TheraSense shall have the right to sell or otherwise dispose of the Stock of any licensed Product then on hand, within a period of 6 months, subject to Article 3.

Appears in 5 contracts

Samples: License Agreement (Therasense Inc), License Agreement (Therasense Inc), License Agreement (Therasense Inc)

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Stock on Hand. In the event this Agreement is terminated for any reason, TheraSense LICENSEE shall have the right to sell or otherwise dispose of the Stock stock of any licensed Licensed Product then on hand, within a period of 6 monthshand until six (6) months after such termination, subject to Article 3Articles 3 and 4 and the other applicable terms of this Agreement.

Appears in 3 contracts

Samples: Non Exclusive License Agreement, Non Exclusive License Agreement (Seattle Genetics Inc /Wa), Contract Manufacturing Agreement (Seattle Genetics Inc /Wa)

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Stock on Hand. In the event this Agreement is terminated for any reason, TheraSense VIVENTIA shall have the right to sell or otherwise dispose of the Stock stock of any licensed Licensed Product then on hand, within a period of 6 monthshand until six (6) months after such termination, subject to Article 3Articles 3 and 4 and the other applicable terms of this Agreement.

Appears in 2 contracts

Samples: License Agreement (XOMA Corp), Non Exclusive License Agreement (Viventia Biotech Inc.)

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