Common use of Acquired Molecules Clause in Contracts

Acquired Molecules. During the Term, if AnHeart or its Affiliate, as a result of a merger or other transaction, acquires or is acquired by a Third Party that is developing and/or distributing, marketing or selling, either on its own or through such Third Party’s affiliate or licensee, a product that contains [**Redacted**], the surviving entity in such transaction shall discontinue development or commercialization of, or divest such [**Redacted**] within [**Redacted**] calendar days after such transaction is completed.

Appears in 1 contract

Sources: License Agreement (Nuvation Bio Inc.)

Acquired Molecules. During If during the Term, if AnHeart or its Affiliate, as a result of a merger or other transaction, acquires AnHeart acquires, or is acquired by a Third Party that is developing and/or distributing, marketing or selling, either on its own or through such Third Party’s affiliate an Affiliate or licensee, a product that contains [**Redacted**]Competing Molecules, the surviving entity in such transaction shall discontinue development or commercialization of, or divest license out its rights with respect to such [**Redacted**] Competing Molecules within [**Redacted**] calendar days after such the acquisition transaction is completed.

Appears in 1 contract

Sources: Exclusive License Agreement (Nuvation Bio Inc.)