Common use of Failure to Meet Diligence Obligations Clause in Contracts

Failure to Meet Diligence Obligations. If Licensee fails to adhere to the diligence obligations set forth in this Article 6.0 (Diligence) or elsewhere in this Agreement, University may terminate this Agreement or, at University’s sole discretion, terminate the exclusivity of the license granted herein in accordance with the options for termination set forth in Article 11.0 of this Agreement.

Appears in 3 contracts

Samples: Exclusive Patent License Agreement, Exclusive Patent License Agreement, Exclusive Patent License Agreement

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Failure to Meet Diligence Obligations. If Licensee fails to adhere to the diligence obligations set forth in this Article 6.0 (Diligence) or elsewhere in this Agreement, University may terminate this Agreement or, at University’s 's sole discretion, terminate the exclusivity of the license granted herein in accordance with the options for termination set forth in Article 11.0 of this Agreement.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Panther Biotechnology, Inc.)

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