Common use of DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION Clause in Contracts

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 11.1 Upon termination of this Agreement, LICENSEE may Sell all previously made or partially made Licensed Products, but no additional Licensed Products, within a period of [****] after the date of termination, provided, however, that the Sale of such Licensed Products will be subject to the terms of this Agreement including, but not limited to, the payment of earned royalties at the rates and at the times provided herein and the rendering of reports in connection therewith.

Appears in 2 contracts

Samples: Patent License Agreement (Raindance Technologies Inc), Patent License Agreement (Raindance Technologies Inc)

AutoNDA by SimpleDocs

DISPOSITION OF LICENSED PRODUCTS ON HAND UPON TERMINATION. 11.1 12.1 Upon termination of this Agreement, Agreement LICENSEE may Sell shall have the privilege of disposing of all previously made or partially made Licensed Products, but no additional Licensed Productsmore, within a period of [***] ([*] after the date of termination, **]) [***]; provided, however, that the Sale sale of such Licensed Products will shall be subject to the terms of this Agreement including, but not limited to, the payment of earned royalties other than minimum royalties at the rates rate and at the times time provided herein and the rendering of reports in connection therewiththereon.

Appears in 2 contracts

Samples: License Agreement (BioHorizons, Inc.), License Agreement (BioHorizons, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.