Common use of Expiration of Valid Claims Clause in Contracts

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.)

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Expiration of Valid Claims. Upon expiration of all VALID CLAIMS, LICENSEE’s ROYALTY obligation shall be reduced by 50*%.

Appears in 1 contract

Samples: Exclusive License Agreement (Histogen Inc.)

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Expiration of Valid Claims. Upon expiration of all VALID CLAIMS, LICENSEE’s ROYALTY obligation shall be reduced by 50%.

Appears in 1 contract

Samples: Exclusive License Agreement (Denali SPAC Holdco, Inc.)

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