Common use of Termination by Licensor Clause in Contracts

Termination by Licensor. In the event that Licensee fails to make timely payment of any amounts due to Licensor under this Agreement, including amounts due under Article 4 hereof, Licensor may terminate this Agreement upon thirty (30) days written notice to Licensee, unless Licensee pays all past-due amounts prior to the expiration of such thirty (30)-day notice period.

Appears in 6 contracts

Samples: License Agreement (Dyax Corp), License Agreement (Dyax Corp), License Agreement (Dyax Corp)

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Termination by Licensor. In the event that Licensee fails to make timely payment of any amounts the amount due to Licensor under this Agreement, including amounts due under Article 4 hereof, Licensor may terminate this Agreement upon thirty ten (3010) days written notice to Licensee, unless Licensee pays all past-due amounts prior to the expiration of such thirty ten (30)-day 10)-day notice period.

Appears in 4 contracts

Samples: License Agreement (Affymax Inc), License Agreement (Affymax Inc), License Agreement (Affymax Inc)

Termination by Licensor. In the event that Licensee fails to make timely payment of This Agreement may be terminated by Licensor at any amounts due to Licensor under this Agreement, including amounts due under Article 4 hereof, Licensor may terminate this Agreement time upon thirty (30) days written notice to LicenseeLicensee if (i) Licensee is more than 90 days late in paying any fee or royalty that is due hereunder, unless (ii) Licensee pays all past-due amounts prior to has not met diligence deadlines described for the expiration of Milestones or has not cured any such thirty breach within 90 days or (30)-day notice periodiii) by advance mutual agreement.

Appears in 3 contracts

Samples: License Agreement (Harbor BioSciences, Inc.), License Agreement (Harbor BioSciences, Inc.), License Agreement (Harbor BioSciences, Inc.)

Termination by Licensor. In This License Agreement and the event that Licensee fails to make timely payment of any amounts due to licenses herein granted may be terminated by Licensor under this Agreement, including amounts due under Article 4 hereof, Licensor may terminate this Agreement upon thirty (30) 30 days written notice notice, if: (a) Licensee materially breaches any term of this License Agreement and such breach is not rectified within said 30 day period; or (b) Licensee attempts to Licensee, unless Licensee pays all past-due amounts prior to assign this License Agreement or the expiration license herein granted in breach of such thirty (30)-day notice periodthis License Agreement.

Appears in 2 contracts

Samples: Patent License Agreement (Prestige Personal Care Holdings, Inc.), Patent License Agreement (Prestige Brands International, LLC)

Termination by Licensor. In the event that Licensee fails to make timely payment of any amounts due to Licensor under this Agreement, including amounts due under Article 4 hereof, Licensor may terminate this Agreement upon thirty (30) days written notice in the event the Licensee fails to Licenseepay any fees when due hereunder. In the event of any infringement action, unless Licensee pays all past-due amounts shall be provided with an opportunity, not to exceed three years, to bring an infringement action to a resolution to the reasonable satisfaction of the Licensor and the Licensee prior to the expiration of such thirty (30)-day notice periodLicensor being able to terminate this Agreement.

Appears in 1 contract

Samples: Exclusive License Agreement (Pure Earth, Inc.)

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Termination by Licensor. In the event that Licensee fails to make timely payment of any amounts due to Licensor under this Agreement, including amounts due under Article 4 hereof, Licensor may terminate this Agreement upon thirty (30) days written notice to Licensee, unless Licensee pays all past-due amounts prior to the expiration of such thirty (30)-day notice period. *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

Appears in 1 contract

Samples: License Agreement (Micromet, Inc.)

Termination by Licensor. In the event that Licensee fails to make timely payment of any amounts due to Licensor under this Agreement, including amounts due under Article 4 hereof, (a) Licensor may terminate this Agreement upon on thirty (30) days written days' notice in writing to Licensee for Licensee's failure to fulfill any of its obligations under this Agreement; however, unless if during the notice period Licensee pays all past-due amounts prior to the expiration of such thirty (30)-day remedies its failure, this Agreement shall continue in effect as it would have done if notice periodhad not been given.

Appears in 1 contract

Samples: Exclusive License and Use Agreement (PyroTec, Inc.)

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