Termination of Royalty Obligations. This royalty payment obligation shall terminate on the expiration of the Royalty Term.
Termination of Royalty Obligations. Upon termination of CELGENE's obligation to pay royalties and other compensation hereunder with respect to a specific country and specific PRODUCT as to which CELGENE's license is then in effect, the license granted to CELGENE with respect to such country and such PRODUCT pursuant to Section 2 shall be deemed to be fully paid and CELGENE shall thereafter have a royalty free, exclusive right to use the PATENT RIGHTS to make, have made, use, offer to sell, sell and import such PRODUCT in such country.
Termination of Royalty Obligations. 38 12.4 Breach.........................................................................................39 12.5 Insolvency. ..................................................................................41 12.6 Work-In-Progress. .............................................................................41 12.7 Survival.......................................................................................41 12.8
Termination of Royalty Obligations. This royalty payment obligation shall not terminate unless agreed to in writing by PDC or the expiration of the Royalty Term as that term is defined herein below.
Termination of Royalty Obligations. In the event that, and only in the event that, every claim of every one of NetRatings’ U.S. Patent Nos. 5,675,510; 5,796,952; 6,115,680; 6,108,637; 6,138,155; 6,643,696; 6,763,386 and any additional NetRatings Patent asserted against at least one accused infringer in any litigation action currently pending or started within six (6) months of the Effective Date, is determined to be invalid or unenforceable by a final, unappealed decision of a court having competent jurisdiction and authority to issue such a holding or by the Federal Circuit Court of Appeals, whichever is earlier, then the payment obligations set forth in Section 3.1 shall be terminated as of the date of such decision, and from that date forward, no further Initial or Additional Royalty payments will be due. The termination of the payments pursuant to this Section 3.2 shall not entitle Licensee to a refund of any payments previously made. Licensee agrees not to contest the validity or enforceability of any of the NetRatings Patents or in any way assist any other entity in contesting the validity or enforceability of any of the NetRatings Patents, except that Licensee may contest the validity or enforceability of any NetRatings Patent which NetRatings asserts against Licensee in an action. Licensee further agrees that the termination of any of the royalty payments pursuant to this Section 3.2 shall not be effective in the event of a breach of Licensee’s agreement not to so contest or assist in contesting the validity or enforceability of any of the NetRatings Patents.
Termination of Royalty Obligations. 10 3.5. Payment Dates and Statements........................... 10 3.6.
Termination of Royalty Obligations. With respect to each Licensed Product, the royalty obligations of each of Modex and CTI shall cease upon the later of (i) the last to expire of any patent which would be infringed by the manufacture, use or sale of such Licensed Product but for a license granted hereunder; (ii) on a country-by-country basis, the date that is ten (10) years from the First Commercial Sale in any country of such Licensed Product; and (iii) with respect to any CTI Third Party Royalty Amount or Modex Third Party Royalty Amount, the expiration of the obligation of, respectively, CTI or Modex to pay any such amount.
Termination of Royalty Obligations. (1) Unless this Agreement is terminated by either party in accordance with the provisions of Section 9.3, the License granted hereunder will be perpetual, but the obligation to pay any Royalties under the License will terminate on the later of:
(a) the date of expiry of the last to expire of the Burcon Patent Rights which the Corporation is using to produce any Products; and
(b) twenty (20) years from the Effective Date;
(2) Unless this Agreement is terminated by either Party in accordance with the provisions of Section 9.3, any Corporation Improvements License granted hereunder will be perpetual, but the obligation to pay the Corporation Royalty will terminate on the date that the obligation to pay Royalties under the License terminates in accordance with Section 9.2(1), and thereafter the Corporation Improvements License shall be fully-paid and non-assessable.
Termination of Royalty Obligations. With respect to each Licensed Product in each country, the royalty obligations of each of Modex and CTI shall cease upon the later of (i) the last to expire of the patents covering such Licensed Product in such country, and (ii) the date that is ten years from the First Commercial Sale of such Licensed Product.
Termination of Royalty Obligations. As of the Effective Date, the royalty obligations set forth in the Agreements shall be terminated. For clarity, Par shall only be obligated to pay the pricing set forth in Addendum A to Corium for any Product purchased after the Effective Date.
