Common use of EFFECT OF TERMINATION FOR DEFAULT OF EITHER PARTY Clause in Contracts

EFFECT OF TERMINATION FOR DEFAULT OF EITHER PARTY. Upon expiration or termination of this Agreement for the Default of either party, or for any reason (including expiration under Section 6.0) other than the insolvency, bankruptcy, reorganization of INSTITUTE or its authorized successors or assigns, or the termination, cessation, or inability or failure to maintain the Mapping Technology or that portion of the business associated with the Mapping Technology during the Term of the Agreement, by INSTITUTE or its authorized successors or assigns:

Appears in 3 contracts

Samples: Technology License Agreement (Compuprint Inc), Technology License Agreement (Compuprint Inc), Technology License Agreement (Compuprint Inc)

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EFFECT OF TERMINATION FOR DEFAULT OF EITHER PARTY. Upon expiration or termination of this Agreement for the Default of either party, or for any reason (including expiration under Section 6.0) other than the insolvency, bankruptcy, reorganization of the INSTITUTE or its authorized successors or assigns, or the termination, cessation, or inability or failure to maintain the Mapping Technology or that portion of the business associated with the Mapping Technology during the Term of the AgreementLicense Term, by the INSTITUTE or its authorized successors or assigns:

Appears in 1 contract

Samples: Technology License Agreement (Terra Energy & Resource Technologies, Inc.)

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