Retention of License for Prior Usage; Deduction from Publisher Share. 3.11.1. Notwithstanding the right of the Publisher (Licensor) to direct the PatentBook Administrator to terminate for cause a license granted to any Subscriber (Licensee)(s) as to any of its PatentBook Patents, the Publisher (Licensor) acknowledges and understands that the Subscriber (Licensee)(s) shall retain a valid PatentBook Subscriber License as provided in Article II to all Licensed Products or Services that implemented any PatentBook Patents prior to the effective date of license termination by the Publisher (Licensor). The Publisher (Licensor) shall notify the PatentBook Administrator of the desired "License Termination Date", which date shall be a minimum of 30 Days following notification to PatentBook Administrator. If Publisher (Licensor) does not provide the desired date of license termination, the effective License Termination Date shall be 30 Days from the date the PatentBook Administrator receives notice of termination request from Publisher (Licensor).
Appears in 6 contracts
Samples: Licensor) Agreement, Licensor) Agreement, Licensor) Agreement