Common use of No Discharge on Termination Clause in Contracts

No Discharge on Termination. No termination of this Agreement for any reason shall relieve or discharge either Licensor or Licensee from any duty, obligation, or liability that was accrued as of the date of the termination (including, without limitation, the obligation to indemnify or to pay any amounts owing as of the date of termination).

Appears in 3 contracts

Samples: Licensing Agreement, Patent License Agreement, Patent License Agreement

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No Discharge on Termination. No termination of this Agreement for any reason Agreement, except as a consequence of its invalidation as void from its inception or illegal by a final decision rendered by a court of competent jurisdiction, shall relieve or discharge either Licensor LICENSOR or Licensee LICENSEE from any duty, obligation, or liability that was accrued as of the date of the termination (including, without limitation, the obligation to indemnify or to pay any amounts owing as of the date of termination).

Appears in 1 contract

Samples: Intellectual Property License Agreement (Nz Corp)

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No Discharge on Termination. No termination of this Agreement for any reason shall relieve or discharge either Licensor or Licensee from any duty, obligation, or liability that was accrued as of the date of the termination (termination, including, without limitation, the obligation to indemnify or to pay any amounts owing due as of the date of termination).

Appears in 1 contract

Samples: Exclusive License Agreement (Flexpoint Sensor Systems Inc)

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