Common use of TERMINATION BY THE REGENTS Clause in Contracts

TERMINATION BY THE REGENTS. 10.1 If the Licensee should violate or fail to perform any term or covenant of this Agreement, then The Regents may give written notice of such default (Notice of Default) to the Licensee. If the Licensee should fail to repair such default within ninety (90) days of the effective date of such notice, The Regents shall have the right to terminate this Agreement and the licenses herein by a second written notice (Notice of Termination) to the Licensee. If a Notice of Termination is sent to the Licensee, this Agreement shall automatically terminate on the effective date of such notice. Such termination shall not relieve the Licensee of its obligation to pay any royalty or License fees owing at the time of such termination and shall not impair any accrued right of The Regents. These notices shall be subject to Article 19 (Notices).

Appears in 2 contracts

Samples: License Agreement (Signal Pharmaceuticals Inc), License Agreement (Signal Pharmaceuticals Inc)

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TERMINATION BY THE REGENTS. 10.1 9.1 If the Licensee should violate or fail fail, to perform any term or covenant of this Agreement, then The Regents may give written notice of such default ("Notice of Default") to the Licensee. If the Licensee should fail to repair such default within ninety (90) 60 days of after the effective date of such noticenotice takes effect, The Regents shall will have the right to terminate this Agreement and the licenses herein by a second written notice ("Notice of Termination") to the Licensee. , If a Notice of Termination is sent to the Licensee, this Agreement shall will automatically terminate on the effective date of such noticenotice takes effect. Such termination shall will not relieve the Licensee of its obligation to pay any royalty or License license fees owing at the time of such termination and shall will not impair any accrued right of The Regents. These notices shall will be subject to Article 19 18 (Notices).

Appears in 1 contract

Samples: Exclusive License Agreement (Alsius Corp)

TERMINATION BY THE REGENTS. 10.1 If the Licensee should violate or fail to perform any term or covenant of this Agreement, then The Regents may give written notice of such default (Notice of Default) to the Licensee. If the Licensee should fail to repair such default within ninety sixty (9060) days of the effective date of such notice, The Regents shall have the right to terminate this Agreement and the licenses herein by a second written notice (Notice of Termination) to the Licensee. If a Notice of 38 Termination is sent to the Licensee, this Agreement shall automatically terminate on the effective date of such notice. Such termination shall not relieve the Licensee of its obligation to pay any royalty or License license fees owing at the time of such termination and shall not impair any accrued right of The Regents. These notices shall be subject to Article 19 (Notices).

Appears in 1 contract

Samples: Product Distribution Agreement (Collagen Aesthetics Inc)

TERMINATION BY THE REGENTS. 10.1 If the Licensee should violate or fail to perform any term or covenant of this Agreement, then The Regents may give written notice of such default (Notice of Default) to the Licensee. If the Licensee should fail to repair such default within ninety (90) days of ***Confidential Treatment Requested the effective date of such notice, The Regents shall have the right to terminate this Agreement and the licenses herein by a second written notice (Notice of Termination) to the Licensee. If a Notice of Termination is sent to the Licensee, this Agreement shall automatically terminate on the effective date of such notice. Such termination shall not relieve the Licensee of its obligation to pay any royalty or License fees owing at the time of such termination and shall not impair any accrued right of The Regents. These notices shall be subject to Article 19 (Notices).

Appears in 1 contract

Samples: License Agreement (Signal Pharmaceuticals Inc)

TERMINATION BY THE REGENTS. 10.1 9.1 If the Licensee should violate or fail to perform any material term or covenant of this Agreement, then The Regents may give written notice of such default (Notice of Default) to the Licensee. If the Licensee should fail to repair such default within ninety sixty (9060) days of after the effective date of such noticenotice takes effect, The Regents shall will have the right to terminate this Agreement and the licenses herein by a second written notice (Notice of Termination) to the Licensee. If a Notice of Termination is sent to the Licensee, this Agreement shall will automatically terminate on the effective date of such noticenotice takes effect. Such termination shall will not relieve the Licensee of its obligation to pay any royalty or License license fees owing at the time of such termination and shall will not impair any accrued right of The Regents. These notices shall will be subject to Article 19 18. (Notices).

Appears in 1 contract

Samples: Exclusive License Agreement (Aries Ventures Inc)

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TERMINATION BY THE REGENTS. 10.1 9.1 If the Licensee should violate or fail fail, to perform any term or covenant of this Agreement, then The Regents may give written notice of such default (Notice of Default) to the Licensee. If the Licensee should fail to repair such default within ninety (90) 60 days of after the effective date of such noticenotice takes effect, The Regents shall will have the right to terminate this Agreement and the licenses herein by a second written notice (Notice of Termination) to the Licensee. , If a Notice of Termination is sent to the Licensee, this Agreement shall will automatically terminate on the effective date of such noticenotice takes effect. Such termination shall will not relieve the Licensee of its obligation to pay any royalty or License license fees owing at the time of such termination and shall will not impair any accrued right of The Regents. These notices shall will be subject to Article 19 18 (Notices).

Appears in 1 contract

Samples: Exclusive License Agreement (Ithaka Acquisition Corp)

TERMINATION BY THE REGENTS. 10.1 If the 9.1 Subject to Paragraph 5.6, if Licensee should violate violates or fail fails to perform any term or covenant of this Agreement, then The Regents may give written notice of such default (Notice of Default) to the Licensee. If Licensee fails to cure the Licensee should fail to repair such default within ninety sixty (9060) days of the effective date of after such noticenotice takes effect, then The Regents shall will have the right to terminate this Agreement and the licenses herein by giving a second written notice (Notice of Termination) to the Licensee. If a Notice of Termination is sent to the Licensee, this Agreement shall will automatically terminate on the effective date such notice takes effect. Termination of such notice. Such termination shall this Agreement will not relieve the Licensee of its obligation to pay any royalty or License fees royalty, minimum annual royalty, reimbursement for patent costs, and Sublicense Fee owing at the time of of, or prior to, such termination and shall will not impair any accrued right of The Regents. These notices shall will be subject to Article 19 20 (Notices).

Appears in 1 contract

Samples: Senomyx Inc

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