Common use of DISPOSITION OF LICENSED PRODUCTS Clause in Contracts

DISPOSITION OF LICENSED PRODUCTS. Upon expiration or termination of this Agreement by Licensee or Foundation, Licensee will provide Foundation with a written inventory of all Licensed Products in process of manufacture, in use, or in stock by or at Licensee, its Designees or their Affiliates. Licensee may dispose of any such Licensed Products within the ninety (90) day period following such expiration or termination, or such longer period as the Parties may reasonably agree, provided, however, that Licensee will pay Royalties and render reports to Foundation thereon in the manner specified herein.

DISPOSITION OF LICENSED PRODUCTS. Upon expiration or termination of this Agreement by Licensee or Foundation, Licensee will provide Foundation with a written inventory of all Licensed Products in process of manufacture, in use, or in stock by or at Licensee, Licensee or its Designees or their Affiliates. Licensee may dispose of any such Licensed Products within the ninety (90) day period following such expiration or termination, or such longer period as the Parties may reasonably agree, provided, however, that Licensee will pay Royalties and render reports to Foundation thereon in the manner specified herein.

DISPOSITION OF LICENSED PRODUCTS. Upon expiration or termination of this Agreement by Licensee or Foundationeither party, Licensee will provide Foundation with a written inventory of all Licensed Products in process of manufacture, in use, use or in stock by or at Licensee, its Designees or their Affiliatesstock. Licensee may dispose of any such Licensed Products within the ninety (90) day period following such expiration or termination, or such longer period as the Parties may reasonably agree, provided, however, that Licensee will pay Royalties royalties and render reports to Foundation thereon in the manner specified herein.