Termination of Royalty on Invalidity or Unenforceability. The royalty payments shall terminate if all of the Licensed Patents are held invalid or unenforceable. A Licensed Patent shall be deemed invalid or unenforceable under this Agreement if a court or tribunal of competent jurisdiction makes such a determination, and the determination becomes final in that it is not further reviewable through appeal or exhaustion of all permissible petitions or applications for rehearing or review.
Appears in 3 contracts
Samples: Licensing Agreement, Patent License Agreement, Patent License Agreement
Termination of Royalty on Invalidity or Unenforceability. The royalty payments shall terminate if all of the Licensed Patents are held invalid or unenforceable. A Licensed Patent The Patents shall be deemed invalid or unenforceable under this Agreement if a court or tribunal of competent jurisdiction makes such a determination, and the determination becomes final in that it is not further reviewable through appeal or exhaustion of all permissible petitions or applications for rehearing or review.
Appears in 1 contract
Samples: Patent License and Assignment Agreement (Mag Magna Corp.)
Termination of Royalty on Invalidity or Unenforceability. The royalty payments shall terminate if all of the claims of the Licensed Patents are held invalid or unenforceable. A claim of the Licensed Patent shall be deemed invalid or unenforceable under this Agreement if a court or tribunal of competent jurisdiction makes such a determination, and the determination becomes final in that it is not further reviewable through appeal or exhaustion of all permissible petitions or applications for rehearing or review.
Appears in 1 contract
