Common use of Existing Stock Clause in Contracts

Existing Stock. Upon expiration, Licensee and its Affiliates and sublicensees shall retain limited rights to sell any Licensed Products existing and to perform Licensed Services related to such existing Licensed Products, subject to the terms of this Agreement provided that upon termination due to breach by Licensee under Section 7.2 or 7.3, no such rights shall be retained.

Existing Stock. Upon expiration, Licensee and its Affiliates and sublicensees shall retain limited rights to sell any Licensed Products existing and to perform Licensed Services related to such existing Licensed Products, subject to the terms of this Agreement provided that upon termination due to breach by Licensee under Section 7.2 5.2 or 7.35.3, no such rights shall be retained.