Effect of Expiration of Term Clause Samples
Effect of Expiration of Term. The provisions of this Section 7 will continue to apply and will be binding on Corporation and Executive after the expiration of the Term for so long as Executive continues to be an employee of Corporation unless expressly revoked or modified in writing by Corporation and Executive.
Effect of Expiration of Term. Upon the expiration of the Term (which for the avoidance of doubt, excludes early termination of this Agreement):
(a) Urovant shall have fully paid-up, royalty-free, perpetual, irrevocable and exclusive rights and licenses, with a right to grant sublicense, to the Licensed Compounds and/or the Licensed Products in the Field in the Territory;
(b) Urovant shall have fully paid-up, royalty-free, perpetual, irrevocable and non-exclusive rights and licenses, with a right to grant sublicense, to use the Merck Intellectual Property and the Merck Know-How for the Manufacture, Development and Commercialization of the Licensed Compounds and/or the Licensed Products in the Field in the Territory; and
(c) Urovant shall have fully paid-up, royalty-free, perpetual, irrevocable and non-exclusive rights and licenses, with a right to grant sublicense, to use the Merck Intellectual Property and the Merck Know-How for the Manufacture and the Development of Licensed Compounds and/or Licensed Products in the Field outside the Territory, solely for the purposes of obtaining Regulatory Approvals in the Territory and Commercializing Licensed Products in the Field in the Territory.
Effect of Expiration of Term. Upon expiration of the term of the Lease, as and when provided herein, the Lease and all of the parties' rights and obligations thereunder shall immediately terminate and be of no further force and effect.
Effect of Expiration of Term. If requested by City, Collector shall promptly remove all containers upon the expiration of the Term or earlier termination of this Agreement. Notwithstanding the expiration of the Term or earlier termination of this Agreement, Collector shall remain obligated to provide certain services described in this Agreement, including, but not limited to payment of accrued Franchise Fees, reports, insurance, document copying opportunities and indemnification, past the expiration of the period during which Collection Services are to be provided, pursuant to this Agreement.
Effect of Expiration of Term. Following expiration of the term of this Agreement, in whole or in part, pursuant to Section 10.1, Genentech shall have the perpetual royalty-free non-exclusive right and license under the Licensed Know-How and Licensed Patents to continue to make, have made, use and sell Licensed Products in the Field in such country(ies) or jurisdiction(s) in the Territory to which this Agreement is expired, including the right to grant sublicenses therefor, as previously licensed under Section 4.1. In addition, commencing at least twelve (12) months before the expiration of the term in whole or in part, the Parties shall discuss in good faith whether to enter into an extension of the Manufacturing and Supply Agreement, or other terms and conditions for continued manufacture and supply of Licensed Products in any country(ies) or jurisdiction(s) after expiration.
Effect of Expiration of Term. Except for accrued obligations of a Party, upon expiration of the Term, this Agreement and all of the rights, duties and obligations of the Parties hereunder shall Terminate and be of no further force or effect. The expiration of the term shall not affect the effectiveness of the Project Approvals.
Effect of Expiration of Term. Upon expiration of the Term of this Agreement as set forth in Article 11.1(b), on a country-by-country basis and Product-by-Product basis any licenses granted to the Parties hereunder shall convert to perpetual, irrevocable, fully paid-up, non-exclusive licenses. Each Party shall be entitled on a country-by-country basis and Product-by-Product basis to Develop, or have Developed, manufacture or have manufactured, Commercialize or have Commercialized the Licensed Compound and Products on a non-exclusive basis, either by itself or through its Affiliates or sub-licensees, under the ▇▇▇▇ Technology and the Prometheus Technology free of any further payment to the other Party.
Effect of Expiration of Term. At the expiration of the Term of the Option (as it may be extended for Metropolitan's delays, as provided herein), Metropolitan's obligation to convey the Parcels not yet conveyed will cease.
Effect of Expiration of Term. Following expiration of the term of this Agreement, in whole or in part, pursuant to Section 10.1, CIL shall have the royalty-free non-exclusive right and license, within the Field, to continue to make, use and sell the Products as to which this Agreement is terminated, including the right to grant sublicenses therefor, as previously licensed in ARTICLE 2.
Effect of Expiration of Term. In the event of expiration of the Term with respect to any Product in any country, then the following shall apply on a country-by-country basis: the provisions set forth in Section 8.3.3 shall remain in full force and effect. In addition, the License to the Licensed Information (developed as of the date of such expiration) granted in Section 2.1 shall survive and shall remain in full force and effect on a perpetual, worldwide, irrevocable, fully paid up and royalty-free basis, provided that after expiration of the Term, the License shall be non-exclusive and Ichilov Tech and the Company shall be entitled to freely Exploit the Licensed Information, subject only to obligations of confidentiality. The Parties shall have no further obligations to perform any activities under this Agreement other than as provided for or referenced herein.