Common use of Cessation of Control Clause in Contracts

Cessation of Control. Upon cessation of the Control of an Affiliated Entity, any Access Rights granted to such Affiliated Entity shall terminate except in the event that such termination shall have a disproportionately negative impact on the business of the Affiliated Entity (e.g. because certain Background, Foreground or Sideground has been incorporated in a product).

Appears in 2 contracts

Sources: Collaboration Agreement, Collaboration Agreement