Obligations to Continue. For greater certainty, in the event of any sale, transfer, assignment, license and/or sublicense of Fluorinov Royalty Patents, the obligations of Purchaser to the Shareholders to pay the Milestone Payment shall remain in full force and effect and shall apply to the commercial exploitation of Fluorinov Products by such third party, acquirer or Licensee mutatis mutandis.
Appears in 1 contract
Sources: Share Purchase Agreement (Trillium Therapeutics Inc.)
Obligations to Continue. For greater certainty, in the event of any sale, transfer, assignment, license and/or sublicense of Fluorinov Royalty Patents, the obligations of Purchaser to the Shareholders to pay the Milestone Payment Lump Sum Royalty Payments and Royalty Payments shall remain in full force and effect and shall apply to the commercial exploitation of such Fluorinov Products by such third partyparty contractor, acquirer or Licensee mutatis mutandis.
Appears in 1 contract