Common use of Non-Terminating Events Clause in Contracts

Non-Terminating Events. For the convenience of the PARTIES hereto, this Agreement is made in consideration of the exchange of patent licenses under a group of PATENTS of each PARTY and its respective ENTITIES. a determination or action by a court of competent jurisdiction, regulatory authority or governmental agency: (1) finding that one or more of the PATENTS of one PARTY or its respective ENTITIES are invalid or unenforceable; or (2) granting a temporary or permanent injunction or restraining order under one or more of the PATENTS; shall not give rise to a right of termination by either PARTY nor shall such determination or action be regarded as justification (a) for a retrospective or prospective change in this Agreement affecting the royalty rates or amounts to be paid, or (b) for changing any other provision of this Agreement.

Non-Terminating Events. For the convenience of the PARTIES hereto, this Agreement is made in consideration of the exchange of patent licenses under a group of PATENTS of each PARTY TI and its respective ENTITIESENTITIES and UMC SPINOFF. a A determination or action by a court of competent jurisdiction, regulatory authority or governmental agency: (1) finding that one or more of the PATENTS of one PARTY or its respective ENTITIES are invalid or unenforceable; or (2) granting a temporary or permanent injunction or restraining order under one or more of the PATENTS; shall not give rise to a right of termination by either PARTY nor shall such determination or action be regarded as justification (a) for a retrospective or prospective change in this Agreement affecting the royalty rates or amounts to be paid, or (b) for changing any other provision of this Agreement.