Obligations and Rights Upon Termination a. Upon termination of this Agreement for any reason, Licensee shall:
i. promptly return to Licensor all technical writings, business writings, materials, samples, data, drafts, proposals, sales information, business information and all other materials transferred and created during the term of this Agreement, retaining a confidential copy of this Agreement (and such materials shall be returned on an "AS-IS" basis without any representation or warranty as to the accuracy or usefulness thereof);
ii. immediately stop all business, sales, marketing, publication, public disclosure, research and development on technology within the Patent Rights;
iii. immediately terminate or assign to Licensor on an "AS-IS" basis without any representation or warranty all of Licensee’s right, title and interest in, to or under any agreements pursuant to which a third party is given rights relating to Licensed Products, the Licensed Processes or Patent Rights and Sublicense Agreements; and
iv. notwithstanding anything to the contrary contained elsewhere in this Agreement, have the right during the ninety (90) day period following termination of this Agreement to sell all remaining inventory owned or controlled by Licensee associated with the Intellectual Property in accordance with the terms of this Agreement as if this Agreement had not been terminated, with all proceeds thereof being deemed Net Sales Revenue and with Licensor being entitled to a Royalty fee therein in accordance with the terms of this Agreement.
b. Upon termination of this Agreement, Licensor shall have no obligation to refund any payment or fee made to it or received by it under any provision of this Agreement, regardless of purpose.
Obligations and Rights Upon Termination. No termination of this Agreement shall relieve or discharge Borrower of any of Borrower’s duties, Obligations, or covenants hereunder, including without limitation the obligation to continue to turn over sales information and invoices, and Lender’s continuing Security Interests in the Collateral shall remain in effect until all Obligations (other than contingent obligations) have been fully and finally discharged and Lender’s agreement to provide Advances hereunder is terminated.
Obligations and Rights Upon Termination. Following termination, a Partner Agency that has been terminated shall be subject to the same obligations and entitled to the same rights as a withdrawing Partner Agency.
Obligations and Rights Upon Termination. Isan USA agrees to abide by the terms of the Sub-License Agreement relating to rights and obligations upon termination.
Obligations and Rights Upon Termination. In the event of termination of this Agreement for any reason and subject to Paragraph 6
a. The License granted to Retailer shall be immediately revoked and Retailer shall have no right to use the Exchange Collective Platform. Retailer shall immediately transfer to Exchange Collective, delete, and/or destroy any and all confidential and/or proprietary information of Exchange Collective pursuant to this Agreement.
b. Retailer shall remit to Exchange Collective any balance or amount owed to Exchange Collective by Retailer within thirty (30) days of termination.
Obligations and Rights Upon Termination a. Upon termination of this Agreement by Licensor due to an Event of Default by Licensee, Licensee shall:
i. immediately stop all business, sales, marketing, publication, public disclosure, research and development on Licensed Products; and
ii. immediately terminate or assign to Licensor all of Licensee’s right, title, and interest in, to or under any agreements pursuant to which a third party is given rights relating to Patent Rights, including without limitation Sublicense Agreements.
b. Upon termination of this Agreement, Licensor shall have no obligation to refund any payment or fee made to it or received by it under any provision of this Agreement, regardless of purpose.
c. Upon any termination of this Agreement, any sublicenses granted by Licensee in compliance with the terms of this Agreement prior to the notice of termination, to the extent applicable to the Patent Rights and consistent with the Field of Use, shall continue in full force and effect as direct licenses from Licensor and any obligations sublicensee would have to Licensee under such sublicenses to the extent related to the sublicense of the Patent Rights, including payment obligations, shall become direct obligations to Licensor.
Obligations and Rights Upon Termination. The Parties to abide by the terms of the Ioteq to BioLargo Sublicense Agreement relating to rights and obligations upon termination.
Obligations and Rights Upon Termination. In the event of termination of this Agreement for any reason and subject to Paragraph 7
Obligations and Rights Upon Termination. Following termination, a Member Agency that has been terminated shall be subject to the same obligations and entitled to the same rights as a withdrawing Member Agency under Sections 6.2 through 6.4.3.
Obligations and Rights Upon Termination a. Upon termination of this Agreement by Licensor due to an Event of Default by Licensee, Licensee shall:
i. promptly return to Licensor all technical writings, business writings, materials, samples, data, drafts, proposals, sales information, business information and all other materials transferred and created during the term of this Agreement that specifically and directly pertain to the Licensed Know-How, retaining a confidential copy of this Agreement, and cause one or more of its officers to execute a certification, under penalty of perjury, that all such items have been returned; and
ii. immediately stop all business, sales, marketing, publication, public disclosure, research and development on Licensed Products; and
iii. immediately terminate or assign to Licensor all of Licensee’s right, title, and interest in, to or under any agreements pursuant to which a third party is given rights relating to Patent Rights, including without limitation Sublicense Agreements.
b. Upon termination of this Agreement by Licensee due to an Event of Default by Licensor, the Patent License shall survive and become a perpetual, exclusive and fully-paid-up license, and the Know-How License shall survive and become a perpetual, non-exclusive and fully-paid-up license.
c. Upon termination of this Agreement, Licensor shall have no obligation to refund any payment or fee made to it or received by it under any provision of this Agreement, regardless of purpose.
d. Upon any termination of this Agreement, any sublicenses granted by Licensee in compliance with the terms of this Agreement prior to the notice of termination, to the extent applicable to the Patent Rights, shall continue in full force and effect as direct licenses from Licensor and any obligations sublicensee would have to Licensee under such sublicenses to the extent related to the sublicense of the Patent Rights shall become direct obligations to Licensor.
