Examples of New License Agreement in a sentence
The New License Agreement shall have been fully executed and delivered and shall have become effective.
Pursuant to the New License Agreement, we are required to pay an annual license fee to LLU.
At the Closing, Fluidigm and UABRF shall execute and deliver the New License Agreement and the Sponsored Research Agreement.
LLU may terminate the New License Agreement in the event of (i) non-payments or late payments of royalty, milestone and license maintenance fees not cured within 90 days, (ii) a breach of any non-payment provision (including the provision that requires us to meet certain deadlines for milestone events (each, a “Milestone Deadline”)) not cured within 90 days and (iii) three or more actual breaches of the New License Agreement by us in any 12-month period.
The New License Agreement may be terminated by mutual agreement or by us upon 90 days written notice to LLU.