Common use of No Refund Clause in Contracts

No Refund. In the event that a validity or non-infringement challenge of a Licensed Patent brought by ***** is successful, ***** will have no right to recoup any royalties paid before or during the period challenge.

Appears in 27 contracts

Samples: Nonexclusive Agreement, Exclusive (Equity) Agreement, Exclusive License Agreement With Equity

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No Refund. In the event that a validity or non-infringement challenge of a Licensed Patent brought by ***** Company is successful, ***** Company will have no right to recoup any royalties paid before or during the period challenge.

Appears in 7 contracts

Samples: Equity) Agreement (Ceribell, Inc.), Equity) Agreement (Ceribell, Inc.), Equity) Agreement (Ceribell, Inc.)

No Refund. In the event that a validity or non-infringement challenge of a Licensed Patent brought by ***** Licensee is successful, ***** Licensee will have no right to recoup any royalties paid before or during the period challenge.

Appears in 2 contracts

Samples: Exclusive (Equity) Agreement, Exclusive (Equity) Agreement

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No Refund. In the event that a validity or non-infringement challenge of a Licensed Patent brought by ***** LICENSEE is successful, ***** LICENSEE will have no right to recoup any royalties paid before or during the period challenge.

Appears in 1 contract

Samples: Exclusive Agreement

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