Common use of Repetitive Non Payment Clause in Contracts

Repetitive Non Payment. LICENSOR may terminate this Agreement upon the occurrence of the third separate failure by LICENSEE within any consecutive three-year period for failure to pay fees when due, regardless of LICENSEE's compliance with Paragraph 11.2 above.

Appears in 4 contracts

Samples: Intellectual Property License Agreement, Intellectual Property License Agreement (HDS International Corp.), Intellectual Property License Agreement (HDS International Corp.)

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Repetitive Non Payment. LICENSOR may terminate this Agreement upon the occurrence of the third separate failure by LICENSEE within any consecutive three-year period for failure to pay fees when due, regardless of LICENSEE's ’s compliance with Paragraph 11.2 above.

Appears in 1 contract

Samples: Intellectual Property License Agreement (HDS International Corp.)

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