Common use of Notwithstanding Subsection Clause in Contracts

Notwithstanding Subsection. (a), a party may assign its rights and interests under this Agreement to an entity that is its Affiliate as of the date of such assignment; provided that such assignment does not relieve the assigning party of any of its responsibilities or obligations hereunder and the assignee agrees to be bound by all obligations of the assigning party hereunder, including the obligations set forth in this Section 16.6.

Appears in 1 contract

Sources: Strategic Alliance Agreement (Zymogenetics Inc)

Notwithstanding Subsection. (a), a party may assign its rights and interests under this Agreement to an entity that is its Affiliate as of the date of such assignment; provided that such assignment does not relieve the assigning party of any remains primarily liable for the performance of its responsibilities or obligations hereunder by the assignee, and the assignee agrees to be bound by all obligations of the assigning party hereunder, including the obligations set forth in this Section 16.618.5.

Appears in 1 contract

Sources: Co Development/Co Promotion and License Agreement (Zymogenetics Inc)