UMASS LICENSE definition
Examples of UMASS LICENSE in a sentence
In the event the UMASS LICENSE expires or is terminated for any reason pursuant to the provisions of the UMASS LICENSE or otherwise, the terms of the letter agreement attached hereto as Exhibit D between ACT, LICENSEE and the University shall apply to this Agreement.
Further, promptly following such termination, LICENSEE and the University will enter into a direct license agreement reflecting the applicable terms of this Agreement and the UMASS LICENSE.
To the extent this grant includes a sublicense of any UMASS PATENT RIGHTS, such sublicense is subject to the relevant terms of the UMASS LICENSE.
ACT agrees to use commercially reasonable efforts to maintain its rights to the UMASS PATENT RIGHTS, including (i) complying with all material terms and obligations of the UMASS LICENSE and (ii) diligently prosecuting the PATENT RIGHTS to the extent that ACT has control over such prosecution.
For the avoidance of doubt, the references to “Sublicensees” in Section 8.5 of the 1996 UMASS LICENSE shall not apply to LICENSEE and shall not be construed as vitiating the provisions of Section 2.5 of the License Agreement.
LICENSEE acknowledges, understands and agrees that in the event the UMASS LICENSE is terminated for any reason pursuant to the provisions of the UMASS LICENSE, this Agreement shall automatically be assigned to the University and LICENSEE will thereafter make any payments due to ACT under this Agreement directly to the University.
To the extent this grant includes a sublicense of any UMASS PATENT RIGHTS, such sublicense is subject to the relevant terms of the UMASS LICENSE as it may be amended from time to time.
PPL acknowledges, understands and agrees that in the event the UMASS LICENSE is terminated for any reason pursuant to the provisions of the UMASS LICENSE, this Agreement shall automatically be assigned to the University and PPL will thereafter make any payments due to ACT under this Agreement directly to the University.
LICENSOR and the University agree that the provisions of Section 2.2 of the 1996 UMASS LICENSE providing for the automatic assignment to the University of sublicenses granted by LICENSOR under said Section 2.2 shall not apply to the sublicense by LICENSOR to LICENSEE under the License Agreement, and that the provisions of Section 2.5 of the License Agreement shall govern in the event that the UMASS LICENSES are terminated.
LICENSEE shall comply with the requirements of the UMASS LICENSE AGREEMENT pertaining to prosecution, issuance and maintenance of PATENT RIGHTS; and will provide LICENSOR with copies of all correspondence to and from patent offices in a timely fashion in order that LICENSOR may provide notice to UMASS.