Common use of FIRST RIGHT OF NEGOTIATION Clause in Contracts

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to negotiate with Licensors to obtain a license to practice any patent Licensors may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensors and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensors notify Licensee of the existence of a patent subject to this paragraph, Licensors may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensors to Licensee.

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to -------------------------- negotiate with Licensors Licensor to obtain a license to practice any patent Licensors Licensor may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensors Licensor and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensors notify Licensor notifies Licensee of the existence of a patent subject to this paragraph, Licensors Licensor may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensors Licensor to Licensee.

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to -------------------------- negotiate with Licensors to obtain a license to practice any patent Licensors may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensors and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensors notify Licensee of the existence of a patent subject to this paragraph, Licensors may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensors to Licensee.

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to negotiate with Licensors Licensor to obtain a license to practice any patent Licensors Licensor may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensors Licensor and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensors notify Licensor notifies Licensee of the existence of a patent subject to this paragraph, Licensors Licensor may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensors Licensor to Licensee.