Examples of Terminating Party in a sentence
The Collaboration Agreement shall continue to bind all other Parties notwithstanding termination of the Collaboration Agreement vis-à-vis the Terminating Party.
If the breach is incapable of remedy, or is a persistent breach, then the termination shall take effect at the end of the 90 (ninety) day notice period in any event and the Terminating Party shall be treated as having been removed from this Collaboration Agreement with effect from such date.
Upon the Termination of this Agreement by either Party, the Districts shall deliver to the Department copies of all Records no later than thirty (30) days after the Termination of the Agreement, or fifteen (15) days after the Non-terminating Party receives a written request from the Terminating Party for the Records.
Notwithstanding the above, the Terminating Party shall retain the right to practice the Invention and the Patent Rights for its research, educational and scholarly purposes and shall be entitled to be reimbursed for any unreimbursed Patent Prosecution Expenses it incurred during the term of this Agreement, but only after the Non-terminating Party has recovered its Patent Prosecution Expenses in full.
Upon termination under this Section 7.3, the Terminating Party shall have no right to license the Invention or the Patent Rights or to share in Revenue received from licensing the Invention and/or the Patent Rights.