Termination and Refund. If the solutions in clause 6.4 cannot be achieved, the liability of the Licensor shall in all respects be limited to recalling the affected Product, terminating this Agreement, and refunding the Licensee an amount equal to the un-ammortized portion of any initial upfront license fee paid for the Product, based on an anticipated life of one (1) year. The parties agree that the Licensee shall not be entitled to any refunds of the License Fees paid to the Licensor.
Appears in 3 contracts
Sources: License Agreement, License Agreement, License Agreement