Examples of Election Notice in a sentence
If Licensee delivers a DRG Election Notice to Penn, following the expiration of such [*] period, Licensee shall have no further obligation to pay Ongoing Patent Costs with respect to any DRG Patent Right identified in such DRG Election Notice in any country identified in such DRG Election Notice and any such Patent Right in any such country shall thereafter be excluded from the DRG Patent Rights.
If Passage delivers a DRG Election Notice to Xxxxx, following the expiration of such [*] period, Passage shall have no further obligation to pay Patent Costs with respect to any DRG Patent Right identified in such DRG Election Notice in any country or regulatory jurisdiction identified in such DRG Election Notice and any such Patent Right in such country or regulatory jurisdiction shall thereafter be excluded from the DRG Patent Rights.