Common use of Obligation to Pay Royalties and other payments Clause in Contracts

Obligation to Pay Royalties and other payments. Payments required herein must be paid on the dates or upon the conditions stated, notwithstanding any claims by either LICENSEE or third party challenging the validity of the PATENT RIGHTS. Payments once made are not refundable even if the PATENT RIGHTS are later determined to be invalid or not applicable to the particular product or service.

Obligation to Pay Royalties and other payments. Payments required herein must be paid on the dates or upon the conditions stated, notwithstanding any claims by either LICENSEE or third party challenging the validity of the PATENT RIGHTSLICENSED PATENTS. Payments once made are not refundable even if the PATENT RIGHTS LICENSED PATENTS are later determined to be invalid or not applicable to the particular product or service.