Common use of Consequences of Delay Clause in Contracts

Consequences of Delay. On an OSIP Target by OSIP Target basis, in the event that OSIP has not provided any OSIP Compounds as described in Section 2.3(a) above, for such OSIP Target, during the Term of the Collaboration, then OSIP's rights under Section 4.1(b) will not include any structural data on such OSIP Target.

Appears in 2 contracts

Sources: Collaboration Agreement (SGX Pharmaceuticals, Inc.), Collaboration Agreement (SGX Pharmaceuticals, Inc.)