PCLA definition
Examples of PCLA in a sentence
For avoidance of doubt, the BiCS LDA and the WD-TMC PCLA (in each case, including the licenses provided thereunder) shall be unaffected by the termination of this Agreement, and the BiCS LDA and the WD-TMC PCLA shall terminate or expire in accordance with each of such agreement’s terms.
For the avoidance of doubt, the BiCS LDA and the WD-TMC PCLA (in each case, including the licenses provided thereunder) shall be unaffected by the termination of this Agreement, and the BiCS LDA and the WD-TMC PCLA shall terminate or expire in accordance with each of such agreement’s terms.
Notwithstanding the above, where an Existing License requires ongoing performance by a Party, any requisite term of this Agreement or the PCLA shall remain in effect for purposes enabling such Party to perform such obligations, but only for such purposes.
All terms of the Settlement Agreement that are intended to survive termination of the PCLA will continue to survive, including the terms of Section 9 (Patent Challenges) of the Settlement Agreement with respect to the Gevo Patents and the Seller Group patents that are subject to the non-assert provision in Section 3.1.
The Clients agree that the PCLA requires them to provide timely, full, candid, and informal disclosure of information related to the collaborative matter without formal discovery and that they shall update promptly all previously disclosed information that has materially changed.
Any of Buyer’s sublicenses under the PCLA granted prior to Effective Date shall remain in full force and effect and shall be identified to the Seller Group on Exhibit C.
Seller’s sublicensees’ obligations to Buyer under the PCLA in the Existing Licenses remain in full force and effect.
If the parties agree, then a final agreement may be filed with the court and such filing is part of the Process as stated in the PCLA.
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Asset Purchase Agreement Asset Purchase Agreement Asset Purchase Agreement Gevo Existing Commercial Sublicenses Pursuant to the PCLA: None.
These sublicensees shall be subject to ongoing obligations of royalties to Seller as if the PCLA is still in force with respect to those Buyer sublicensees on the same basis as Sellers Existing Licenses.