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Common use of Elective Termination Clause in Contracts

Elective Termination. MorphoSys shall have the right, in its sole discretion, to terminate this Agreement in its entirety, by providing not less than ninety (90) days prior written notice of such termination to Xencor.

Appears in 6 contracts

Sources: Collaboration and License Agreement (Xencor Inc), Collaboration and License Agreement (MorphoSys AG), Collaboration and License Agreement (MorphoSys AG)

Related Clauses

  • Constructive Termination
  • Good Reason Termination
  • Termination Without Cause; Termination for Good Reason
  • Termination Without Cause or Termination for Good Reason
  • Termination for Cause; Voluntary Termination

Parent Clauses

  • Term and Termination
  • Termination
  • Effect of Termination
  • Effective Date Term and Elective Termination
  • Term and Termination Transition Assistance

Sub-Clauses

  • Elective Termination of Research Program
  • Elective Termination of Agreement
  • Elective Termination by Verizon
  • Effect Termination by Licensee
  • AMENDMENTS AND WAIVERS
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