Common use of LICENSE RE-GRANT FOLLOWING LICENSE TERMINATION Clause in Contracts

LICENSE RE-GRANT FOLLOWING LICENSE TERMINATION. In the event of an automatic license termination under Section 8.4 above, Keysight may, at any time, request in writing that Agilent re-grant Keysight a license having identical terms to apply from the new grant date forward and potentially also apply retroactively as to certain products. The written request shall include: (1) current Keysight Quality Reports;(2) all of the relevant Keysight Quality Reports covering the periods of unlicensed use; and (3) two thousand U.S. dollars ($2,000) per month for each month of unlicensed use of the Licensed Marks, to compensate Agilent for the costs and risks associated with Keysight’s unlicensed use of the Licensed Marks. Effective upon receipt of such request from Keysight, the license shall be deemed granted effective from the receipt date forward. If Keysight has also requested the license apply retroactively, Agilent shall evaluate the request in light of the written application. Within thirty (30) days of receipt, Agilent shall review the back Keysight Quality Reports and respond to the request with any concerns raised in the current Keysight Quality Reports being addressed using the processes of Section 7.3 and Sections 8.1, 8.2 and 8.3, above. If supported by the data submitted, Agilent shall grant the request for retroactive application of the license by making the re-granted license applicable to the relevant Licensed Products, as if the license had not been terminated.

Appears in 4 contracts

Samples: Intellectual Property Matters Agreement (Keysight Technologies, Inc.), Trademark License Agreement (Agilent Technologies Inc), Intellectual Property Matters Agreement (Agilent Technologies Inc)

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LICENSE RE-GRANT FOLLOWING LICENSE TERMINATION. In the event of an automatic license termination under Section 8.4 above, Keysight may, at any time, request in writing that Agilent re-grant Keysight a license having identical terms to apply from the new grant date forward and potentially also apply retroactively as to certain products. The written request shall include: (1) current Keysight Quality Reports;(2Reports; (2) all of the relevant Keysight Quality Reports covering the periods of unlicensed use; and (3) two thousand U.S. dollars ($2,000) per month for each month of unlicensed use of the Licensed Marks, to compensate Agilent for the costs and risks associated with Keysight’s unlicensed use of the Licensed Marks. Effective upon receipt of such request from Keysight, the license shall be deemed granted effective from the receipt date forward. If Keysight has also requested the license apply retroactively, Agilent shall evaluate the request in light of the written application. Within thirty (30) days of receipt, Agilent shall review the back Keysight Quality Reports and respond to the request with any concerns raised in the current Keysight Quality Reports being addressed using the processes of Section 7.3 and Sections 8.1, 8.2 and 8.3, above. If supported by the data submitted, Agilent shall grant the request for retroactive application of the license by making the re-granted license applicable to the relevant Licensed Products, as if the license had not been terminated.

Appears in 1 contract

Samples: Trademark License Agreement (Keysight Technologies, Inc.)

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