Common use of Termination of Patent Prosecution by Licensee Clause in Contracts

Termination of Patent Prosecution by Licensee. Licensee may terminate its obligations with respect to any or all of Regents’ Patent Rights by providing written notice to The Regents (“Patent Termination Notice”). Termination of Licensee’s obligations with respect to such patent application or patent will be effective three (3) months after receipt of such Patent Termination Notice by The Regents. The Regents will use reasonable efforts to curtail Patent Costs chargeable to Licensee under this Agreement after this Patent Termination Notice is received by The Regents. The Regents may continue prosecution or maintenance of these application(s) or patent(s) at its sole discretion and expense, and such application(s) and patent(s) will not be part of Regents’ Patent Rights and therefore not subject to this Agreement, and Licensee will have no rights or license to them.

Appears in 3 contracts

Samples: Exclusive License Agreement (Fibrocell Science, Inc.), Exclusive License Agreement (Fibrocell Science, Inc.), Exclusive License Agreement (Fibrocell Science, Inc.)

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Termination of Patent Prosecution by Licensee. Licensee may terminate its obligations with respect to any given patent application or all of patent within Regents’ Patent Rights by providing written notice to The Regents (“Patent Termination Notice”). Termination , and termination of Licensee’s obligations with respect to such patent application or patent will be effective three (3) months after receipt of such Patent Termination Notice by The Regents. The Regents will use reasonable its best efforts to curtail Patent Costs patent costs chargeable to Licensee under this Agreement after this Patent Termination Notice is received by The RegentsRegents from Licensee. The Regents may continue prosecution or maintenance of these application(s) or patent(s) at its sole discretion and expense, and such application(s) and patent(s) will not be part of Regents’ Patent Rights and therefore not subject to this Agreement, and Licensee will have no further rights or license to them.

Appears in 2 contracts

Samples: Amended and Restated Exclusive License Agreement (Bone Biologics Corp), Exclusive License Agreement (Bone Biologics Corp)

Termination of Patent Prosecution by Licensee. Licensee may terminate its obligations with respect to any given patent application or all of patent within Regents’ Patent Rights by providing written notice to The Regents (“Patent Termination Notice”). Termination , and termination of Licensee’s obligations with respect to such patent application or patent will be effective three (3) months after receipt of such Patent Termination Notice by The Regents. The Regents will use reasonable its best efforts to curtail Patent Costs patent costs chargeable to Licensee under this Agreement after this Patent Termination Notice is received by The RegentsRegents from Licensee. The Regents may continue prosecution or maintenance of these application(s) or patent(s) at its sole discretion and expense, and such application(s) and patent(s) will not be part of Regents’ Patent Rights and therefore not subject to this Agreement, and Licensee will have no further rights or license to them.

Appears in 1 contract

Samples: License Agreement (Bone Biologics, Corp.)

Termination of Patent Prosecution by Licensee. Licensee may terminate its obligations with respect to any or all of RegentsLicensors’ Patent Rights by providing written notice to The Regents (“Patent Termination Notice”). Termination of Licensee’s obligations with respect to such patent application or patent will be effective three (3) months after receipt of such Patent Termination Notice by The Regents. The Regents will use reasonable efforts to curtail Patent Costs chargeable to Licensee under this Agreement after this Patent Termination Notice is received by The Regents. The Regents Licensors may continue prosecution or maintenance of these application(s) or patent(s) at its sole discretion and expense, and such application(s) and patent(s) will not be part of RegentsLicensors’ Patent Rights and therefore not subject to this Agreement, and Licensee will have no rights or license to them.. Patent Extensions

Appears in 1 contract

Samples: Exclusive License Agreement (Cohbar, Inc.)

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Termination of Patent Prosecution by Licensee. Licensee may terminate its obligations with respect to any or all of The Regents’ Patent Rights by providing written notice to The Regents (“Patent Termination Notice”). Termination of Licensee’s obligations with respect to such patent application or patent will be effective three (3) months after receipt of such Patent Termination Notice by The Regents. The Regents will use reasonable efforts to curtail Patent Costs chargeable to Licensee under this Agreement after this Patent Termination Notice is received by The Regents. The Regents may continue prosecution or maintenance of these application(s) or patent(s) at its sole discretion and expense, and such application(s) and patent(s) will not be part of The Regents’ Patent Rights and therefore not subject to this Agreement, Agreement and Licensee will have no rights or license to them.

Appears in 1 contract

Samples: License Agreement (Cohbar, Inc.)

Termination of Patent Prosecution by Licensee. Licensee may terminate its obligations with respect to any or all of Regents’ Patent Rights by providing written notice to The Regents (“Patent Termination Notice”). Termination of Licensee’s obligations with respect to such patent application or patent will be effective three (3) months after receipt of such Patent Termination Notice by The Regents. The Regents will use reasonable efforts to curtail Patent Costs chargeable to Licensee under this Agreement after this Patent Termination Notice is received by The Regents. The Regents may continue prosecution or maintenance of these application(s) or patent(s) at its sole discretion and expense, and such application(s) and patent(s) will not be part of Regents’ Patent Rights and therefore not subject to this Agreement, and Licensee will have no rights or license to them. ****** - Material has been omitted and filed separately with the Commission.

Appears in 1 contract

Samples: Exclusive License Agreement (Fibrocell Science, Inc.)

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