Expiration of Valid Claims. Upon expiration of all VALID CLAIMS, LICENSEE’s ROYALTY obligation shall be reduced by 50%.
Appears in 2 contracts
Samples: Exclusive License Agreement (BullFrog AI Holdings, Inc.), Exclusive License Agreement (BullFrog AI Holdings, Inc.)
Expiration of Valid Claims. Upon expiration of all VALID CLAIMS, LICENSEE’s ROYALTY obligation shall be reduced by 50*%.
Appears in 1 contract
Expiration of Valid Claims. Upon expiration of all VALID CLAIMS, LICENSEE’s ROYALTY obligation shall be reduced by 50%.
Appears in 1 contract
Samples: Jhu Agreement Number A40899 (Denali SPAC Holdco, Inc.)