Common use of Guidance Note for clause 2 Clause in Contracts

Guidance Note for clause 2. 2: See also notes on clause 2.1(c). Unless agreed otherwise, this clause seeks to clarify that this Agreement continues to apply even if a Registration or Registration Application ceases to be in force or is not granted. Registrations and Registration Applications separately licensed Each Registration and Registration Application is separately licensed under this Agreement such that if a Registration ceases to be in force or a Registration Application is not granted (and the decision is not appealed): the list of Registrations and Registration Applications in section 1 of Schedule 2 is amended to remove that Registration or Registration Application; this Agreement continues as a licence in respect of the remaining Registrations, Registration Applications and other Licensed IPR (and if no Registrations or Registration Applications remain, as a licence of the other Licensed IPR only); and the Fees are adjusted (if applicable) in accordance with any adjustment set out in Schedule 3, and if no adjustment is set out in Schedule 3 by agreement of the parties acting reasonably.

Appears in 2 contracts

Samples: Licence Agreement (Non Exclusive Commercialisation), Licence Agreement

AutoNDA by SimpleDocs

Guidance Note for clause 2. 2: See also notes on clause 2.1(c). Unless agreed otherwise, this clause seeks to clarify that this Agreement continues to apply even if a Registration or Registration Application ceases to be in force or is not granted. Registrations and Registration Applications separately licensed Each Registration and Registration Application is separately licensed under this Agreement such that if a Registration ceases to be in force or a Registration Application is not granted (and the decision is not appealed): ): (a) the list of Registrations and Registration Applications in section 1 of Schedule 2 is amended to remove that Registration or Registration Application; ; (b) this Agreement continues as a licence in respect of the remaining Registrations, Registration Applications and other Licensed IPR (and if no Registrations or Registration Applications remain, as a licence of the other Licensed IPR only); and and (c) the Fees are adjusted (if applicable) in accordance with any adjustment set out in Schedule 3, and if no adjustment is set out in Schedule 3 by agreement of the parties acting reasonably.

Appears in 2 contracts

Samples: Licence Agreement (Exclusive Commercialisation), Licence Agreement

AutoNDA by SimpleDocs

Guidance Note for clause 2. 2: See also notes on clause 2.1(c). Unless agreed otherwise, this clause seeks to clarify that this Agreement continues to apply even if a Registration or Registration Application ceases to be in force or is not granted. Registrations and Registration Applications separately licensed Each Registration and Registration Application is separately licensed under this Agreement such that if a Registration ceases to be in force or a Registration Application is not granted (and the decision is not appealed): ): (a) the list of Registrations and Registration Applications in section 1 of Schedule 2 is amended to remove that Registration or Registration Application; ; (b) this Agreement continues as a licence in respect of the remaining Registrations, Registration Applications and Applications, other Licensed IPR and Know-How, (and if no Registrations or Registration Applications remain, as a licence of the other Licensed IPR and Know-How only); and and (c) the Fees are adjusted (if applicable) in accordance with any adjustment set out in Schedule 3, and if no adjustment is set out in Schedule 3 by agreement of the parties acting reasonably.

Appears in 2 contracts

Samples: License Agreement, Licensing Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!