Common use of LICENSE RIGHTS AS TO CERTAIN OTHER PATENTS Clause in Contracts

LICENSE RIGHTS AS TO CERTAIN OTHER PATENTS. If Adaptec holds rights under any patent that would qualify as one of the Adaptec Patents solely but for the requirement of payment of royalties for the granting of licenses thereunder ("Royalty Bearing Patent"), Adaptec agrees, within a reasonable time of Roxio's written request, to grant Roxio a license under the Royalty Bearing Patent ("Royalty Bearing Patent License"). Such Royalty Bearing Patent License shall be granted under the terms and conditions of licenses granted to Roxio herein under the Adaptec Patents, but only during such time as Adaptec holds such rights under the Royalty Bearing Patent and at the royalty rate which Adaptec is obligated to pay for the grant of such Royalty Bearing Patent License.

Appears in 4 contracts

Samples: Master Patent Ownership and License Agreement (Roxio Inc), Master Patent Ownership and License Agreement (Roxio Inc), Master Patent Ownership and License Agreement (Adaptec Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.