Release of Rights. (1) In the event a sponsored research contractor has been offered the option to apply for the patent to an invention or other rights in an invention, the University will use its good offices in an effort to obtain the contractor's decision regarding the exercise of such rights within 120 days.
Release of Rights. Each of the Seller hereby relinquishes all rights of dower, homestead and distributive share in and to the property and waives all rights of exemption as to any of the property.
Release of Rights. 1. The president or designee may elect to disclaim the University’s interest in an invention at any point. In the event of a disclaimer, the University will facilitate a unit member’s efforts to obtain prompt determinations on the part of interested parties regarding their exercise or release of rights with respect to the invention. If all interested parties also release or disclaim interests, the University shall transfer any rights it has in the invention to the unit member. Unless otherwise agreed in writing by the president or designee, in the event of such a transfer, the costs incurred by the University or on its behalf shall be assessed against the future revenues received by the unit member. In addition, unless otherwise agreed, the University will be entitled to 12.5 percent of net proceeds, and the invention shall be available royalty-free for University use.
Release of Rights. The Employee, for himself, and his heirs, beneficiaries, executors, administrators, trustees, and any other legal or personal representatives, agents, successors or permitted assignees or transferees, further expressly agrees to and does hereby waive and relinquish any and all rights and benefits under all agreements superseded by this Agreement or otherwise waived under this Agreement and specifically releases the Employer and its affiliates and subsidiaries, from any obligations, duties and liabilities in relation thereto, including any matters covered or contemplated by California Civil Code Section 1542 which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”
Release of Rights. (a) Unless prohibited by law or contract, the University may withdraw from involvement in the protection or commercial application of an Invention or Work at any stage and relinquish its interests to a third party. If the University assigns its interests to a Creator, costs incurred by the University or on its behalf shall not be assessed against the Creator, unless otherwise agreed upon in writing by the Creator and the University.
Release of Rights. The faculty member shall assist the University in obtaining releases from persons appearing in, or giving financial or creative support to, the development or use of works in which the University has asserted an interest.
Release of Rights. (1) In the event a sponsor under a sponsored agreement has been offered the option to apply for the patent to an invention or other rights in an invention, the University will use its good offices in an effort to obtain the sponsor’s decision regarding the exercise of such rights within the period set forth in the sponsored agreement.
Release of Rights. As of Lease Termination, Tenant fully and unconditionally releases, cancels, annuls, rescinds, discharges, disclaims, waives and releases any and all rights and benefits Tenant may have under the Lease arising from and after Lease Termination (but, for the avoidance of doubt, Tenant retains any rights to receive reimbursement on account of any overpayment of Operating Expenses with respect to the Premises, and Tenant reserves its rights and remedies for any breach or default of Landlord under this Agreement).
Release of Rights. Upon Owner’s execution of the Proposal, Manager hereby releases and suspends the following exclusive rights, interests, privileges, and other benefits, as such rights, interests, privileges, or other benefits are granted to or conferred upon Manager pursuant to the Agreement:
Release of Rights. Notwithstanding anything stated herein to the contrary, Seller’s rights to repurchase the Lot shall automatically terminate upon the earlier to occur of: (a) upon issuance by the applicable government agency of a certificate of occupancy or written approval of final inspection of a single family residence located on the Lot; or (b) the fifth (5th) anniversary of the date of the Memorandum of Agreement.
