Common use of Term and Termination; Survival Clause in Contracts

Term and Termination; Survival. 10.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five years. 10.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with Biovac, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable obligations made consistent with the Budget prior to Biovac’s receipt of notice of termination. 10.3 Save as otherwise provided in this Agreement, if Biovac breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, but not limited to, Sections 4.6, 7.3, 7.4 and 9. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches.

Term and Termination; Survival. 10.1 11.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five seven years. 10.2 11.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac IPD will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with BiovacIPD, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable cancellable obligations made consistent with the Budget prior to BiovacSpoke’s receipt of notice of termination. 10.3 11.3 MPP may suspend this Agreement immediately if its Funders reduce or fail to provide funding for the Project. In the event support of the Project is discontinued or is reduced to the extent that MPP, in its sole discretion, determines it is not practicable to continue the Project, MPP may terminate this Agreement effective immediately upon notice. 11.4 Save as otherwise provided in this Agreement, if Biovac IPD breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac IPD receives written notice with respect from MPP specifying the breach requiring it to such defaultbe remedied, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party Party in default. 10.4 11.5 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, including but not limited toto Sections 4.5, Sections 4.68.1, 7.38.2, 7.4 8.3, 8.4, 9 and 910. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 11.6 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches. 11.7 Upon termination prior to the end of the Funded Project pursuant to Section 11 hereof, IPD shall return all funding received from MPP under this Agreement which is unspent at the date of termination (after deduction of costs and non-cancellable commitments incurred prior to the date of termination).

Term and Termination; Survival. 10.1 11.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five seven years. 10.2 11.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac TORLAK will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with BiovacTORLAK, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable cancellable obligations made consistent with the Budget prior to Biovac’s TORLAK receipt of notice of termination. 10.3 11.3 MPP may suspend this Agreement immediately if its Funders reduce or fail to provide funding for the Project. In the event support of the Project is discontinued or is reduced to the extent that MPP, in its sole discretion, determines it is not practicable to continue the Project, MPP may terminate this Agreement effective immediately upon notice. 11.4 Save as otherwise provided in this Agreement, if Biovac TORLAK breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac ▇▇▇▇▇▇ receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 11.5 Termination or expiry completion of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration completion of this Agreement, including, including but not limited to, to Sections 4.6, 7.38.2, 7.4 8.3, 8.4, 9 and 910. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 11.6 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches. 11.7 Upon termination prior to the end of the Funded Project pursuant to Section 11 hereof, TORLAK shall return all funding received from MPP under this Agreement which is unspent at the date of termination (after deduction of costs and non-cancellable commitments incurred prior to the date of termination).

Term and Termination; Survival. 10.1 11.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five seven years. 10.2 11.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac INCEPTA will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with BiovacINCEPTA, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable cancellable obligations made consistent with the Budget prior to BiovacINCEPTA’s receipt of notice of termination. 10.3 11.3 MPP may suspend this Agreement immediately if its Funders reduce or fail to provide funding for the Project. In the event support of the Project is discontinued or is reduced to the extent that MPP, in its sole discretion, determines it is not practicable to continue the Project, MPP may terminate this Agreement effective immediately upon notice. 11.4 Save as otherwise provided in this Agreement, if Biovac INCEPTA breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac INCEPTA receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 11.5 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, including but not limited toto Sections 4.5, Sections 4.68.3, 7.3, 7.4 8.4 and 910. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 11.6 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches. 11.7 Upon termination prior to the end of the Funded Project pursuant to Section 11 hereof, INCEPTA shall return all funding received from MPP under this Agreement which is unspent at the date of termination (after deduction of costs and non-cancellable commitments incurred prior to the date of termination).

Term and Termination; Survival. 10.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five years. 10.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with Biovac, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable obligations made consistent with the Budget prior to Biovac’s receipt of notice of termination. 10.3 Save as otherwise provided in this Agreement, if Biovac breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, but not limited to, Sections 4.6, 7.2, 7.3, 7.4 7.4, 8 and 9. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches.

Term and Termination; Survival. 10.1 11.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five seven years. 10.2 11.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac BGP will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with BiovacBGP, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable cancellable obligations made consistent with the Budget prior to BiovacSpoke’s receipt of notice of termination. 10.3 11.3 MPP may suspend this Agreement immediately if its Funders reduce or fail to provide funding for the Project. In the event support of the Project is discontinued or is reduced to the extent that MPP, in its sole discretion, determines it is not practicable to continue the Project, MPP may terminate this Agreement effective immediately upon notice. 11.4 Save as otherwise provided in this Agreement, if Biovac BGP breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac BGP receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 11.5 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, including but not limited toto Sections 4.5, Sections 4.68.2, 7.38.3, 7.4 8.4, 9 and 910. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches.

Term and Termination; Survival. 10.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five years. 10.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with Biovac, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-non- cancelable obligations made consistent with the Budget prior to Biovac’s receipt of notice of termination. 10.3 Save as otherwise provided in this Agreement, if Biovac breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, but not limited to, Sections 4.6, 7.2, 7.3, 7.4 7.4, 8 and 9. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches. 10.6 Upon termination of this Agreement prior to the end of the Project and/or the Funded Project pursuant to this Section 10, Biovac shall return all funding received from MPP under this Agreement which is unspent at the date of termination (after deduction of costs and non-cancellable commitments incurred prior to the date of termination)

Term and Termination; Survival. 10.1 11.1 This Agreement shall be deemed to come into effect on the Effective Date and shall continue for five seven years. 10.2 11.2 In the event the Funders reduce the funding for the Funded Project or the Project, the Parties will enter into good faith negotiations to determine if the Funded Project can be completed as originally anticipated or its scope must be modified. In the event of insufficient funding and the Parties cannot agree to a modified Scope of Work and Budget reasonably acceptable to the Funders, MPP may suspend this Agreement immediately. In the event of suspension of the Funded Project, Biovac IPT will immediately cease incurring expenses and take every reasonable measure to cancel outstanding expenses. In the event Funders discontinue support of the Funded Project or Project, or if funding is reduced to the extent that MPP, in consultation with BiovacIPT, determines it is not practicable to continue funding the Funded Project, MPP may terminate this Agreement effective immediately upon notice. In such event, to the extent funds are allowable by and available from Funders, MPP shall pay reasonable and allowable costs incurred up to and including the effective date of termination, and for reasonable and allowable non-cancelable cancellable obligations made consistent with the Budget prior to BiovacIPT’s receipt of notice of termination. 10.3 11.3 MPP may suspend this Agreement immediately if its Funders reduce or fail to provide funding for the Project. In the event support of the Project is discontinued or is reduced to the extent that MPP, in its sole discretion, determines it is not practicable to continue the Project, MPP may terminate this Agreement effective immediately upon notice. 11.4 Save as otherwise provided in this Agreement, if Biovac IPT breaches any provision of this Agreement and if such breach is material and (i) is incapable of correction; or (ii) is capable of correction but is not corrected within thirty (30) days after Biovac IPT receives written notice with respect to such default, MPP shall have the right to terminate this Agreement with immediate effect by giving written notice to the party in default. 10.4 11.5 Termination or expiry of this Agreement shall not affect those provisions of this Agreement which are expressly or by implication intended to survive the termination or expiration of this Agreement, including, including but not limited toto Sections 4.5, Sections 4.68.3, 7.38.4, 7.4 7 and 910. In addition, any other provisions required to interpret and enforce the Parties’ rights and obligations under this Agreement shall also survive, but only to the extent that such survival is required for the full observation and performance of this Agreement by the Parties. 10.5 11.6 Termination of this Agreement in accordance with the provisions hereof shall not limit remedies which may be otherwise available in law or equity and shall be without prejudice to any rights that any person may have pursuant to this Agreement for antecedent breaches. 11.7 Upon termination prior to the end of the Funded Project pursuant to Section 11 hereof, IPT shall return all funding received from MPP under this Agreement which is unspent at the date of termination (after deduction of costs and non-cancellable commitments incurred prior to the date of termination).