TERMINATION BY THE REGENTS. 12.1 If the Licensee fails to perform or violates any term of this Agreement, then The Regents may give written notice of default (Notice of Default) to the Licensee. If the Licensee fails to repair the default within sixty (60) days of the effective date of Notice of Default, The Regents may terminate this Agreement and its licenses by a second written notice (Notice of Termination). If a Notice of Termination is sent to the Licensee, this Agreement will automatically terminate on the effective date of that notice. Termination will not relieve the Licensee of its obligation to pay any fees owing at the time of termination and will not impair any accrued right of The Regents. These notices are subject to Article 21 (Notices).
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Samples: Certain (Scientific Learning Corp), Certain (Scientific Learning Corp), Certain (Scientific Learning Corp)
TERMINATION BY THE REGENTS. 12.1 If the Licensee fails to perform or violates any term of this Agreement, then The Regents may give written notice of default (“Notice of Default”) to the Licensee. If the Licensee fails to repair the default within sixty (60) days of the effective date of Notice of Default, then The Regents may terminate this Agreement and its licenses by a second written notice (“Notice of Termination”). If a Notice of Termination is sent to the Licensee, then this Agreement will automatically terminate on the effective date of that notice. Termination Such termination will not relieve the Licensee of its obligation to pay any fees owing at the time of termination and will not impair any accrued right of The Regents. These notices are subject to Article 21 (Notices).
Appears in 2 contracts
Samples: Exclusive License Agreement (Onsource Corp), Exclusive License Agreement (Macropore Inc)
TERMINATION BY THE REGENTS. 12.1 If the Licensee fails to perform or violates any term of this Agreement, then The Regents may give written notice of default ("Notice of Default") to the Licensee. If the Licensee fails to repair the default within sixty (60) days of the effective date of Notice of Default, then The Regents may terminate this Agreement and its licenses by a second written notice ("Notice of Termination"). If a Notice of Termination is sent to the Licensee, then this Agreement will automatically terminate on the effective date of that notice. Termination Such termination will not relieve the Licensee of its obligation to pay any fees owing at the time of termination and will not impair any accrued right of The Regents. These notices are subject to Article 21 (Notices).
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TERMINATION BY THE REGENTS. 12.1 10.1 If the Licensee fails should violate or fail to perform or violates any term of this Agreement, then The Regents may give written notice of such default (“Notice of Default”) to the Licensee. If the Licensee fails should fail to repair the such default within sixty (60) days of the effective date of Notice of Defaultsuch notice, The Regents may will have the right to terminate this Agreement and its the licenses herein by a second written notice (“Notice of Termination)”) to Licensee. If a Notice of Termination is sent to the Licensee, this Agreement will automatically terminate on the effective date of that such notice. Termination Such termination will not relieve the Licensee of its Licensee’s obligation to pay any royalty or license fees owing at the time of such termination and will not impair any accrued right rights of The Regents. These notices are will be subject to Article 21 22 (Notices).
Appears in 1 contract
Samples: Exclusive License Agreement
TERMINATION BY THE REGENTS. 12.1 If the Licensee fails to perform or violates any term of this Agreement, including failure to sponsor research for at least two (2) years pursuant to the Research Agreement attached hereto as Exhibit "A" (as provided for in Article 10), then The Regents may give written notice of default (Notice of Default) to the Licensee. If the Licensee fails to repair the default within sixty (60) days of the effective date of Notice of Default, The Regents may terminate this Agreement and its licenses by a second written notice (Notice of Termination). If a Notice of Termination is sent to the Licensee, this Agreement will automatically terminate on the effective date of that notice. Termination will not relieve the Licensee of its obligation to pay any fees owing at the time of termination and will not impair any accrued right of The Regents. These notices are subject to Article 21 23 (Notices).
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TERMINATION BY THE REGENTS. 12.1 If the Licensee fails to materially perform or materially violates any term of this Agreement, then The Regents may give written notice of default (“Notice of Default”) to the Licensee. If the Licensee fails to repair the default within sixty (60) days of the effective date of Notice of Default, The Regents may terminate this Agreement and its licenses by a second written notice (Notice of Termination). If a Notice of Termination is sent to the Licensee, this Agreement will automatically terminate on the effective date of that noticesuch Notice. Termination will not relieve the Licensee of its obligation to pay any fees owing at the time of termination and will not impair any accrued right of The Regents. These notices are subject to Article 21 (Notices).
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TERMINATION BY THE REGENTS. 12.1 13.1 If the Licensee fails to perform or violates any material term of this Agreement, then The Regents may give written notice of default ("Notice of Default") to the Licensee. If the Licensee fails to repair the default within sixty one hundred twenty (60120) days of the effective date of receipt of Notice of Default, The Regents may terminate this Agreement and its licenses by a second written notice ("Notice of Termination"). If a Notice of Termination is sent to the Licensee, this Agreement will automatically terminate on the effective date of that notice. Termination Such termination will not relieve the Licensee of its obligation to pay any fees owing at the time of termination and will not impair any accrued right of The Regents. These notices are subject to Article 21 22 (Notices).
Appears in 1 contract
Samples: Exclusive License Agreement (Siga Technologies Inc)