Amendment of License Agreement. This Agreement may be amended at any time by the parties to add or delete Licensed Marks or to modify the scope of Licensed Services. Such amendment(s) may be accomplished by a simple letter agreement outlining the amendment(s) and signed by both parties.
Amendment of License Agreement. In accordance with Section 12.1 of the License Agreement, the Parties hereby agree to amend the License Agreement, effective as of the Amendment Effective Date, in accordance with the remainder of this Section 1. Capitalized terms not defined in this Amendment shall have the meaning given to those terms in the License Agreement. With the exception of those sections of the License Agreement that are expressly amended by this Amendment, the remainder of the Master Agreement shall remain in full force and effect as provided therein.
Amendment of License Agreement. Subject to the terms and conditions set forth herein, LICENSOR and LICENSEE agree to amend the License Agreement in the following manner:
Amendment of License Agreement. 2.1.1 Subject to the terms and conditions of this Agreement, the Parties hereby agree:
(a) to terminate:
(i) the exclusive license by INEX to Hana under the MD Xxxxxxxx Patents, subject to the terms and conditions set forth in the MD Xxxxxxxx License, to make, have made, use, sell, offer for sale, import, and have imported Products in the Hana Field within the Territory; and
(ii) the exclusive license by Hana to INEX under the Hana Intellectual Property, subject to the terms and conditions of the License Agreement, to make, have made, use, sell, offer for sale, import, and have imported products outside the Hana Field; and
(b) to affirm INEX’s grant to Hana, and Hana’s acceptance, of:
(i) an exclusive license under the Licensed Patents to make, have made, use, sell, offer for sale, import, and have imported Products in the Hana Field within the Territory; and
(ii) an exclusive license to the Technology to make, have made, use, sell, offer for sale, import, and have imported Products in the Hana Field within the Territory; and
(c) to the irrevocable and absolute grant, sale, assignment and conveyance by INEX to Hana, and Hana’s acceptance of:
(i) INEX’s entire right, title and interest in and to the Xxxxxx Patents subject to the terms and conditions set forth in the MD Xxxxxxxx License; and
(ii) INEX’s entire right, title and interest in and to INEX’s joint ownership of the Xxxxxx Patents subject to the terms and conditions set forth in the MD Xxxxxxxx License; subject to the provisions of Sections 8.5 and 14.3.
2.1.2 It is understood and agreed that the foregoing exclusive licenses in Section 2.2.1
Amendment of License Agreement. None of the terms, conditions or provisions of this License Agreement shall be held to have been changed, waived, varied, modified or altered by any act or knowledge of either party, their respective agents, servants or employees unless done so in writing signed by both parties.
Amendment of License Agreement. 1.1 On the Effective Date of this Agreement, Licensee hereunder shall be deemed the Licensee under the License Agreement and the License Agreement shall be amended by the addition of the following provisions under Section VI (Licensee's Representations, Duties and Obligations):
Amendment of License Agreement. The License Agreement is hereby amended to give effect to the foregoing sections of this Agreement, and is otherwise ratified and confirmed (as heretofore amended) in all respects.
Amendment of License Agreement. If Graphite elects to exercise the Option under Section 3.3, Stanford and Graphite will promptly execute and deliver a written amendment to the License Agreement, as further described below, (such amended license agreement, an “Amended License Agreement”). An Amended License Agreement would provide as follows: (a) the term “Licensed Patents” as set forth in the License Agreement shall be amended by adding the Optioned Patents for which the Option was exercised to such definition; and (b) the term “Technology” as set forth in the License Agreement shall be amended by adding the Optioned Technology for which the Option was exercised to such definition, with the Optioned Exclusive Technology and Optioned Nonexclusive Technology being added to the applicable portions of Appendix C of the License Agreement. Graphite and Stanford will use good faith efforts to execute and deliver an Amended License Agreement within three (3) months after the date of exercise of the Option under Section 3.3 (the “Negotiation Period”). The parties acknowledge that absent any additional language related to [***] or any other third party obligations that Stanford may become aware of during the Option Period and/or Negotiation Period, the terms of the Amended License Agreement will remain the same as those in the License Agreement in all material respects except as outlined in Sections 3.5 and 6 of this Agreement. The parties will negotiate the definitive terms of such Amended License Agreement in good faith.
Amendment of License Agreement. The Seller shall not, without the Buyer’s prior written consent, execute or agree to execute any alteration, amendment, change or addition (a “Modification”) of or to any provision of the License Agreement that would reasonably be expected to result in a Material Adverse Effect. Subject to the foregoing, promptly, and in any event within five (5) Business Days, following receipt by the Seller of a fully executed Modification to the License Agreement related to the Licensed Patents, Licensee Patents, Compounds or Royalty, the Seller shall furnish a copy of such Modification to the Buyer.
Amendment of License Agreement. The License Agreement is hereby amended as follows:
(a) Article I, Definitions, is hereby amended to add the following new section 1.17:
