Common use of Termination by BMS Clause in Contracts

Termination by BMS. This Agreement may be terminated as a whole by BMS at any time from and after the second anniversary of the EFFECTIVE DATE pursuant to written notice and payment if the applicable amount set forth below: [*] [*] $[*] [*] [*] $[*] [*] [*] $[*] [*] [*] $[*] [*] [*] $[*] [*] [*] $[*] [*] [*] $[*] [*] [*] $[*] [*] $[*] Any foregoing amount payable by BMS is: (i) additional to all amounts that have in due course become payable under Section 4.4 and (ii) subject to any available credit resulting from any prior Milestone Payments made by BMS under Section 4.2