Common use of Termination of License Agreement Clause in Contracts

Termination of License Agreement. The License Agreement is hereby terminated effective as of the Effective Time, and the Parties acknowledge and agree that, notwithstanding any provision of the License Agreement to the contrary (including any notice requirements or provisions regarding post-termination obligations), from and after the Effective Time, the License Agreement (and all licenses and sublicenses thereunder) shall be void, and there shall be no rights, obligations or liabilities of any Party thereunder.

Termination of License Agreement. The Parties accept and agree that the License Agreement is hereby has been terminated effective as of the Effective TimeDate of this Agreement, and and, with the Parties acknowledge and agree that, notwithstanding exception of any provision surviving confidentiality obligations set forth in Section 9 of the License Agreement to Agreement, the contrary (Parties no longer have any other rights, licenses, or obligations under the License Agreement, including any notice requirements from obligations otherwise incurred, accrued, or provisions regarding post-termination obligations), from and after occurring before the Effective Time, the License Agreement (and all licenses and sublicenses thereunder) shall be void, and there shall be no rights, obligations or liabilities of any Party thereunderDate.

Termination of License Agreement. The Parties hereby agree that the License Agreement is hereby shall be terminated effective in its entirety and shall be of no further force or effect as of the Effective Time, and the Parties acknowledge and agree that, notwithstanding any provision of the License Agreement to the contrary (including any notice requirements or provisions regarding post-termination obligations), from and after the Effective Time, the License Agreement (and all licenses and sublicenses thereunder) shall be void, and there shall be no rights, obligations or liabilities of any Party thereunderDate.

Termination of License Agreement. (a) The Parties hereby agree that the License Agreement is hereby terminated effective in its entirety as of the Effective TimeDate. Except as expressly provided in this Agreement, and no rights or obligations under the Parties acknowledge and agree thatLicense Agreement shall survive such termination. Neither Party shall owe any further payments to the other Party under the License Agreement, notwithstanding any provision regardless of whether such payments have accrued or are due as of the termination of the License Agreement Agreement, except for royalties by SpePharm on its and its Affiliates’ Net Sales of the Products prior to the contrary (including any notice requirements or provisions regarding post-termination obligations), from and after the Effective Time, the License Agreement (and all licenses and sublicenses thereunder) shall be void, and there shall be no rights, obligations or liabilities of any Party thereundersuch termination.

Termination of License Agreement. The License Agreement is hereby terminated effective as of the Effective TimeDate, and the Parties acknowledge and agree thatand, notwithstanding any provision as of the License Agreement Effective Date, is of no further force or effect. Neither the Licensor nor Licensee shall have any further, additional, or continuing rights, obligations, responsibilities, or duties with respect to the contrary (including License Agreement, including, without limitation, any notice requirements or provisions regarding post-termination obligations), from and after obligations for the Effective Time, the License Agreement (and all licenses and sublicenses thereunder) shall be void, and there shall be no rights, obligations or liabilities payment of any Party thereunderRoyalty, fees, or other amounts.