Common use of Termination of License Agreement Clause in Contracts

Termination of License Agreement. Upon the closing of the transactions contemplated by this Agreement, the License Agreement shall be terminated and be of no further force or effect, except as provided therein.

Termination of License Agreement. Upon the closing This Agreement shall terminate without notice upon termination or expiration of the transactions contemplated by this License Agreement, the License Agreement shall be terminated and be of no further force or effect, except as provided therein.

Termination of License Agreement. Upon At the closing of the transactions contemplated by this AgreementClosing (as hereinafter defined), the License Agreement shall be terminated and shall be of no further force or effect, and effect except as provided thereinset forth in Section 14.4 of the License Agreement.

Termination of License Agreement. Upon the closing of the transactions contemplated by this Agreement, the The License Agreement shall be deemed terminated and be of no further force or effect, except and effect simultaneously with the Closing as provided thereindescribed and defined hereinbelow.

Termination of License Agreement. Upon Subject to the closing terms and conditions of the transactions contemplated by this Termination Agreement, the License Agreement shall be is hereby terminated as of the date first written above (the "Termination Date"). Except as set out in Section 2, from and after the Termination Date, the License Agreement will be of no further force or effect, except as provided thereinand the rights and obligations of each of the Parties thereunder shall terminate.