Common use of Development and License Agreement Clause in Contracts

Development and License Agreement. The Development and License Agreement shall have become effective in accordance with the terms and conditions thereof, and no material, uncured breach by the Company shall have occurred, and there shall have been no termination of the Development and License Agreement or the Registration Rights Agreement for cause by the Purchasers.

Appears in 2 contracts

Sources: Investment Agreement (Xoma LTD /De/), Investment Agreement (Xoma LTD /De/)