Common use of Withdrawal from Paying Patent Expenses Clause in Contracts

Withdrawal from Paying Patent Expenses. If at any time Licensee wishes to cease paying Patent Expenses for a particular Patent Right or for patent prosecution or maintenance for a patent or patent application in a particular jurisdiction, Licensee must give LLU at least sixty (60) days prior written notice and Licensee will continue to be obligated to pay for the Patent Expenses which reasonably accrue with respect thereto during said notice period. Thereafter, said particular Patent Right, patent application, or patent shall no longer be included in the Patent Rights and Licensee shall have no further rights thereto.

Withdrawal from Paying Patent Expenses. If at any time Licensee wishes to cease paying Patent Expenses for a particular Patent Right or for patent prosecution or maintenance for a patent or patent application in a particular jurisdiction, Licensee must give LLU MD Xxxxxxxx at least sixty (60) 90 days prior written notice and Licensee will continue to be obligated to pay for the Patent Expenses which reasonably accrue with respect thereto during said notice period. Thereafter, said particular Patent Right, patent application, or patent shall no longer be included in the Patent Rights and Licensee shall have no further rights thereto.

Withdrawal from Paying Patent Expenses. If at any time Licensee wishes to cease paying Patent Expenses for any costs for a particular Patent Right or for patent prosecution or maintenance for a patent or patent application in a particular jurisdiction, Licensee must give LLU Licensor at least sixty (60) 90 days prior written notice and Licensee will continue to be obligated to pay for the Patent Expenses patent expenses which reasonably accrue with respect thereto during said notice period. Thereafter, said particular Patent Right, patent application, application or patent shall no longer be included in the Patent Rights and Licensee shall have no further rights or obligations thereto.