EXTENDED OPERATION Clause Samples

EXTENDED OPERATION. This Amendment shall be binding upon the parties, their heirs, agents, successors and permitted assigns.

EXTENDED OPERATION. 20 13.9 Partial Invalidity............................................. 20 13.10 Execution in Counterparts...................................... 21 13.11 Language....................................................... 21 RESTATED PATENT LICENSE AGREEMENT AND I.P. AGREEMENT THIS AGREEMENT is executed on this 2nd day of August, 2006. BY AND BETWEEN: UNIVERSITE DE MONTREAL, a corporation incorporated pursuant to the Charte de l'Universite de Montreal, 1967, 15-16 Eliz. 2 ch, 129, having its head office at 2900 ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇, Montreal, Province of ▇▇▇▇▇▇, ▇▇▇ ▇▇▇; (hereinafter referred to as: the "UNIVERSITY") AND: BIOAXONE THERAPEUTIC INC., a corporation duly constituted under the Canada Business Corporations Act ("CBCA"), having its head office at ▇▇▇▇, ▇▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇, suite 200, Saint-Laurent, Quebec, H4S 2A1;

EXTENDED OPERATION. Subject to federal, state and local law, upon either the expiration or revocation of a Franchise, the City may require the Grantee to continue to operate the Cable System for a defined period of time not to exceed twenty-four (24) months from the date of such expiration or revocation. The Grantee shall, as trustee for its successor in interest, continue to operate the Cable System under the terms and conditions of this Chapter and the Franchise Agreement.

EXTENDED OPERATION. This Restated Agreement binds the Parties, their heirs, personal representatives, successors and permitted assigns.