Common use of Stock on Hand Clause in Contracts

Stock on Hand. In the event this Agreement is terminated for any reason, Licensee and its Sublicensees shall have the right to sell or otherwise dispose of the stock of any Licensed Product subject to this Agreement then on hand.

Stock on Hand. In the event this Agreement is terminated for any reason, Licensee and its Sublicensees shall have the right to sell or otherwise dispose of the stock of any Licensed Product then on hand until six (6) months after such termination, subject to Articles 3 and 4 and the other applicable terms of this Agreement then on handAgreement.

Stock on Hand. In the event this Agreement is terminated for any reason, Licensee and its Sublicensees LICENSEE shall have the right to sell or otherwise dispose of all Products in the stock process of any Licensed Product subject manufacture, testing, in use or in stock, provided that LICENSEE shall remain obligated to this Agreement then on handmake payment of royalties to LICENSOR for such Products in accordance with Section 3.1.

Stock on Hand. In the event this Agreement agreement is terminated with respect to Licensee for any reason, subject to Article 5, Licensee and its respective Affiliates and Sublicensees shall have the right to sell or otherwise dispose of the stock of any Licensed Product subject to this Agreement then on hand.

Stock on Hand. In the event If this Agreement is terminated other than for any reasona breach by Licensee, Licensee and its Sublicensees shall have the right to sell or otherwise dispose of the stock of any Licensed Product subject to this Agreement then on hand, subject to compliance with the payment provisions of Article 4.

Stock on Hand. In the event this Agreement is terminated for any reason, Licensee and its Sublicensees shall have the right to sell or otherwise dispose of the stock of any Licensed Product or Analog Product subject to this Agreement then on handhand or in the process of manufacture at the time of termination, subject to the right of Licensor to receive royalties thereon.

Stock on Hand. In the event this Agreement is terminated for any reason, Licensee and its Sublicensees LICENSEE shall have the right to sell or otherwise dispose of the stock of any Licensed Product then on hand until [*], subject to Articles 3 and 4 and the other applicable terms of this Agreement then on handAgreement.