Licensee’s Rights Upon Termination. Upon termination of this Agreement, the licenses and all other rights granted to Licensee under this Agreement shall immediately terminate.
Licensee’s Rights Upon Termination. Upon termination of this Agreement, the licenses and all other rights granted to Licensee under this Agreement shall immediately terminate. If Licensee terminates this Agreement due to nonpayment for contract manufacturing under Section 12 and such breach has not been cured within sixty (60) days of written notice by Licensee to Licensor, then Licensee may offset the Licensor’s unpaid amount against royalties due to Licensor until such unpaid amounts are fully recovered by Licensee through this offset.
Licensee’s Rights Upon Termination. Upon termination of this Agreement for any reason, Licensee shall have the option (which option shall be exercised by written notice to Licensor no later than 15 days following the termination date of this Agreement) to continue to have, for a period of 180 days following the termination date of this Agreement (the “Residual Rights Period” and such option, the “Residual Rights Option”) provided that (x) the license rights described in Article 2 are subject to the conditions set forth in Articles 2 and 3 and (y) notwithstanding Section 10.3(b) to the contrary, a copy of the Licensed Technical Information and Confidential Information of Licensor in its possession as necessary to allow Licensee to exercise its license rights under Article 2. If Licensee timely exercises that Residual Rights Option, then the licenses and all other rights granted to Licensee under this Agreement shall immediately cease upon the expiration of the Residual Rights Period. If Licensee fails to exercise the Residual Rights Option, then the licenses and all other rights granted to Licensee under this Agreement shall immediately cease upon the effective date of the termination of this Agreement. Except as expressly set forth in this paragraph or in Sections 10.3(c), 10.4 (as applicable), and 12.4, all rights and obligations of the parties shall terminate upon termination of this Agreement.
Licensee’s Rights Upon Termination. Where Licensee terminates this Agreement in accordance with the terms hereof Licensee shall have an irrevocable fully paid up exclusive license under the Intellectual Property Rights and Retained Information and, where Licensee terminates this Agreement pursuant to the provisions of Section 16.2.1(c) above, Licensee shall have no obligation to Cellegy to make any further milestone under Section 8.1 or sales milestones under Section 8.2 or other payments or compensation of any kind that may have fallen due after the Termination Date.
Licensee’s Rights Upon Termination. After the City terminates a Pole License pursuant to Section 14.1 (City’s Rights After Damage or Destruction), the City will: (1) refund any pre-paid License Fee in connection with the terminated Pole License on a pro-rata basis determined by the number of months left in the current License Year at the time such termination occurs, subject to the Minimum Term as defined in Section 3.2 (Pole License Term) in this Master License; and (2) prioritize Licensee’s Pole License Application for one replacement Pole.
