Common use of Natural Termination Clause in Contracts

Natural Termination. Unless extended under Section 4.1 above, this Agreement (and all licenses granted under it) shall expire by its terms on December 31, 2007, except that such expiration shall not effect any royalty or other obligation arising prior to such expiration and shall not affect any rights or obligations which are specifically provided hereunder as surviving expiration or termination of this Agreement.

Natural Termination. Unless renewed or extended under Section 4.1 3.1 above, this Agreement (and all licenses granted under it) shall expire by its terms on December 31, 2007, except that such expiration shall not effect any royalty or other obligation arising prior to such expiration and shall not affect any rights or obligations which are specifically provided hereunder as surviving expiration or termination of this Agreement.obligation