Common use of ATS Nutrient Solution Patent Clause in Contracts

ATS Nutrient Solution Patent. In the event that ATS is ---------------------------- ultimately unable to successfully obtain any patent for the ATS Nutrient Solution, then the parties agree to enter into good faith negotiations regarding [** ] to be made by Buyer hereunder, and if the parties are not able to successfully re-negotiate such [** ] within ninety (90) days following commencement of such negotiations, then [** ] may terminate this Agreement upon thirty (30) days prior written notice.

Appears in 1 contract

Samples: License and Supply Agreement (Advanced Tissue Sciences Inc)

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ATS Nutrient Solution Patent. In the event that ATS is ultimately ---------------------------- ultimately unable to successfully obtain any patent for the ATS Nutrient Solution, then the parties agree to enter into good faith negotiations regarding [** ] to be made by Buyer hereunder, and if the parties are not able to successfully re-negotiate such [** ] within ninety (90) days following commencement of such negotiations, then [** ] may terminate this Agreement upon thirty (30) days prior written notice.

Appears in 1 contract

Samples: License and Supply Agreement (Advanced Tissue Sciences Inc)

ATS Nutrient Solution Patent. In the event that ATS is ultimately ---------------------------- ultimately unable to successfully obtain any patent protection for the ATS Nutrient Solution, then the parties agree to enter into good faith negotiations regarding the [** ] to be made by Buyer hereunder, and if the parties are not able unable to successfully re-negotiate such [** ] within ninety (90) days following commencement of such negotiations, then [** ] may terminate this Agreement upon thirty (30) days prior written notice.

Appears in 1 contract

Samples: License and Supply Agreement (Advanced Tissue Sciences Inc)

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ATS Nutrient Solution Patent. In the event that ATS is ---------------------------- ultimately unable to successfully obtain any patent for the ATS Nutrient Solution, then the parties agree to enter into good faith negotiations regarding [** ] a reduction of the Royalty Payments to be made by Buyer hereunder, and if the parties are not able to successfully re-negotiate such [** ] Royalty Payments within ninety (90) days following commencement of such negotiations, then [** ] Buyer may terminate this Agreement upon thirty (30) days prior written notice.

Appears in 1 contract

Samples: License and Supply Agreement (Advanced Tissue Sciences Inc)

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