Common use of Termination by the Licensee Clause in Contracts

Termination by the Licensee. The Licensee will have the right at any time to terminate this Agreement by providing a Notice of Termination to The Regents. Moreover, the Licensee will be entitled to terminate the rights under Patent Rights on a country-by-country basis by giving notice in writing to The Regents. Termination of this Agreement will be effective sixty (60) days after the date such notice takes effect.

Appears in 2 contracts

Samples: Exclusive License Agreement (INNOVATION ECONOMY Corp), Exclusive License Agreement (INNOVATION ECONOMY Corp)

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Termination by the Licensee. 11.1 The Licensee will shall have the right at any time upon ninety (90) days written notice to The Regents to terminate this Agreement by providing a Notice in whole or as to any portion of Termination to The Regents' Patent Rights. MoreoverUpon expiration of the ninety (90) day period, the Licensee will be entitled to terminate the rights under Patent Rights on a country-by-country basis by giving notice in writing to The Regents. Termination of this Agreement will Licensee's termination shall be effective sixty and Licensee shall stand unlicensed hereunder. Such notice of termination shall be subject to Article 23 (60) days after the date such notice takes effectNOTICES).

Appears in 1 contract

Samples: License Agreement (Vysis Inc)

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Termination by the Licensee. 12.1 The Licensee will shall have the right at any time upon ninety (90) days written notice to The Regents to terminate this Agreement by providing a Notice in whole or as to any portion of Termination to The Regents' Patent Rights. MoreoverUpon expiration of the ninety (90) day period, the Licensee will be entitled to terminate the rights under Patent Rights on a country-by-country basis by giving notice in writing to The Regents. Termination of this Agreement will Licensee's termination shall be effective sixty and Licensee shall stand unlicensed hereunder. Such notice of termination shall be subject to Article 24 (60) days after the date such notice takes effectNOTICES).

Appears in 1 contract

Samples: Exclusive License Agreement (Vysis Inc)

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