Common use of Standard Treatment Clause in Contracts

Standard Treatment. Unless otherwise specified in the Agreement, program income (except as noted in (1) below) received or accrued to the Subrecipient during the period of this Agreement shall be retained and added to the funds committed to the project by NRAO and used to further project objectives. Also, unless otherwise specified, the Subrecipient shall have no obligation to NRAO with respect to: (1) license fees and royalties for copyrighted material, patents, patent applications, trademarks, and inventions received or accrued at any time; or (2) program income received beyond the period of this Agreement.

Appears in 4 contracts

Samples: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement

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