Extension of Licence. 4.1 The LICENSOR may extend, if deemed expedient, the period of LICENCE by 10 years at one time, upon request of the LICENSEE, if made during 19th year of the Licence period on terms mutually agreed. The decision of the LICENSOR shall be final in regard to the grant of extension.
Appears in 8 contracts
Samples: Licence Agreement, Licence Agreement, Licence Agreement
Extension of Licence. 4.1 The LICENSOR Licensor may extend, if deemed expedient, the period of LICENCE by 10 5 years at one time, upon request of the LICENSEE, if made during 19th 14th year of the Licence period on terms mutually agreed. The decision of the LICENSOR shall be final in regard to the grant of extension.
Appears in 3 contracts
Samples: Licence Agreement, Licence Agreement, Licence Agreement
Extension of Licence. 4.1 The LICENSOR may extend, if deemed expedient, the period of LICENCE by 10 5 years at one time, upon request of the LICENSEE, if made during 19th 14th year of the Licence period on terms mutually agreed. The decision of the LICENSOR shall be final in regard to the grant of extension.
Appears in 2 contracts
Samples: Licence Agreement, Licence Agreement
Extension of Licence. 4.1 The LICENSOR may extend, if deemed expedient, the period of LICENCE by 10 years at one time, upon request of the LICENSEE, if made during 19th 10th year of the Licence period on terms mutually agreed. The decision of the LICENSOR shall be final in regard to the grant of extension.
Appears in 2 contracts
Samples: Licence Agreement, Tripartite Agreement
Extension of Licence. 4.1 The LICENSOR Licensor may extend, if deemed expedientexpedient , the period of LICENCE the Licence by 10 5 years at one timeon each occasion, upon request of the LICENSEELicensee, if made during 19th the penultimate year of the Licence licence period on the terms mutually agreeddecided by the Licensor from time to time. The decision of the LICENSOR shall be final in regard to the grant of extension.this regard..
Appears in 2 contracts
Samples: Licence Agreement, Licence Agreement
Extension of Licence. 4.1 14.1 The LICENSOR may extend, if deemed expedient, the period of LICENCE by 10 years at one time, upon request of the LICENSEE, if made during 19th 9th year of the Licence period on terms mutually agreed. The decision of the LICENSOR shall be final in regard to the grant of extension.
Appears in 1 contract
Samples: Licence Agreement
