Common use of LIFE OF THE AGREEMENT Clause in Contracts

LIFE OF THE AGREEMENT. 11.1 Unless otherwise terminated by operation of law or by acts of the parties in accordance with the terms of this Agreement, this Agreement is in force from the Effective Date recited on page one and remains in effect for the life of the last-to-expire patent or last to be abandoned patent application in Regents' Patent Rights, whichever is later. 11.2 Upon termination of this Agreement, Licensee will have no further right to make, have made, use or sell any Licensed Product except as provided in Article 14 (Disposition of Licensed Products on Hand Upon Termination). 11.3 Any expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 2 contracts

Samples: Exclusive License Agreement (Bio-Matrix Scientific Group, Inc.), Exclusive License Agreement (JB Clothing Corp)

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LIFE OF THE AGREEMENT. 11.1 15.1 Unless otherwise terminated by operation of law law, Paragraph 15.2, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee 15.2 This Agreement will have no further right automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide 60 days' notice as provided set forth in Article 14 16 (Disposition Termination By The Regents) upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 15.3 Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 2 contracts

Samples: Sponsored Research Agreement (Shrink Nanotechnologies, Inc.), Exclusive License Agreement (Shrink Nanotechnologies, Inc.)

LIFE OF THE AGREEMENT. 11.1 A. Unless otherwise terminated by operation of law law, Paragraph 9.B, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee will have no further right B. This Agreement shall automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide sixty (60) days' notice as provided set forth in Article 14 (Disposition 10 upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 C. Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 2 contracts

Samples: Exclusive License Agreement (INNOVATION ECONOMY Corp), Exclusive License Agreement (INNOVATION ECONOMY Corp)

LIFE OF THE AGREEMENT. 11.1 13.1 Unless otherwise terminated by operation of law law, Paragraph 13.2, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee 13.2 This Agreement will have no further right automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide sixty (60) days' notice as provided set forth in Article 14 (Disposition Termination By The Regents) upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 13.3 Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 1 contract

Samples: Exclusive License Agreement (Lantis Laser Inc.)

LIFE OF THE AGREEMENT. 11.1 13.1 Unless otherwise terminated by operation of law law, Paragraph 13.2, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee 13.2 This Agreement will have no further right automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide 60 days' notice as provided set forth in Article 14 (Disposition Termination By The Regents) upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 13.3 Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 1 contract

Samples: Exclusive License Agreement (Aclarion, Inc.)

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LIFE OF THE AGREEMENT. 11.1 15.1 Unless otherwise terminated by operation of law law, Paragraph 15.2, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee 15.2 This Agreement will have no further right automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide 60 days’ notice as provided set forth in Article 14 16 (Disposition Termination By TRD) upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 15.3 Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 1 contract

Samples: Exclusive License Agreement (MyDx, Inc.)

LIFE OF THE AGREEMENT. 11.1 8.1 Unless otherwise terminated by operation of law law, Paragraph 8.2, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee 8.2 This Agreement will have no further right automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide 60 days' notice as provided set forth in Article 14 9 (Disposition Termination By The Regents) upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 8.3 Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 1 contract

Samples: Exclusive License Agreement (Photomedex Inc)

LIFE OF THE AGREEMENT. 11.1 13.1 Unless otherwise terminated by operation of law law, Paragraph 13.2, or by acts of the parties in accordance with the terms of this Agreement, this Agreement is will remain in force effect from the Effective Date recited on page one and remains in effect for until the life expiration or abandonment of the last-to-expire patent or last to be abandoned patent application in Regents' of the Patent Rights, whichever is laterRights licensed hereunder. 11.2 Upon termination of this Agreement, Licensee 13.2 This Agreement will have no further right automatically terminate without the obligation to make, have made, use or sell any Licensed Product except provide 60 days’ notice as provided set forth in Article 14 (Disposition Termination By The Regents) upon the filing of Licensed Products on Hand Upon Termination)a petition for relief under the United States Bankruptcy Code by or against the Licensee as a debtor or alleged debtor. 11.3 13.3 Any termination or expiration or termination of this Agreement will not affect the rights and obligations set forth in the following Articles:

Appears in 1 contract

Samples: Exclusive License Agreement (OncoCyte Corp)

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