Common use of Upon Termination of Agreement Clause in Contracts

Upon Termination of Agreement. Except as provided in Section 12.09, upon termination of this Agreement (i) all licenses granted hereunder pursuant to Article 2 shall immediately terminate, and (ii) Company shall within fifteen (15) days thereafter generate a final written report of the revenues of Company through the termination date, and pay Licensor the royalties due through the termination date.

Appears in 5 contracts

Samples: Exclusive Intellectual Property License Agreement (Nate's Food Co.), Exclusive Intellectual Property License Agreement (NHMD Holdings, Inc.), Intellectual Property License Agreement (Nate's Food Co.)

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