Decision Not To pay. At any time, upon providing sixty (60) days written notice, Licensee may discontinue making payments with regard to any patent application(s) and/or patent(s) within the Intellectual Property, and in such case, Licensee shall have no further rights under this Agreement and this license shall terminate with respect to those patent applications and/or patents.
Appears in 2 contracts
Samples: Patent and Intellectual Property License Agreement (Vivakor, Inc.), Intellectual Property License Agreement (Vivakor, Inc.)
Decision Not To pay. At any time, upon providing sixty (60) days written notice, Licensee Licensees may discontinue making payments with regard to any patent application(s) and/or patent(s) within the Intellectual Property, and in such case, Licensee Licensees shall have no further rights under this Agreement and this license shall terminate with respect to those patent applications and/or patents.
Appears in 2 contracts
Samples: Intellectual Property License Agreement (Vivakor, Inc.), Intellectual Property License Agreement (Vivakor, Inc.)
Decision Not To pay. At any time, upon providing sixty (60) days written notice, Licensee may discontinue making payments with regard to any patent application(s) and/or patent(s) within the Intellectual Propertypursuant to this Agreement, and in such case, Licensee shall have no further rights under this Agreement and this license shall terminate with respect to the Sensor Technology and Licensed Products covered by those patent applications and/or patents.
Appears in 1 contract
Samples: Sensor Technology License Agreement (Vivakor, Inc.)
