Common use of DURATION, MODIFICATION AND TERMINATION Clause in Contracts

DURATION, MODIFICATION AND TERMINATION. 7.1 COMPANY is required to execute fully this Agreement and submit a fully executed original to USDA. If USDA does not receive the fully executed original within sixty (60) days from the date of USDA’s signature on this Agreement, then the terms and conditions of this Agreement shall be withdrawn from further consideration by COMPANY and the Agreement shall be null and void. At its sole discretion, USDA may extend the sixty (60) day execution period, any such extension must be in provided in writing.

Appears in 2 contracts

Samples: Patent License Agreement, Patent License Agreement

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DURATION, MODIFICATION AND TERMINATION. 7.1 COMPANY is required to execute fully this Agreement and submit a fully executed original to USDA. If USDA does not receive the fully executed original within sixty (60) days from the date of USDA’s signature on this the Agreement, then the terms and conditions of this Agreement shall be withdrawn from further consideration by COMPANY and the Agreement shall be null and void. At its sole discretion, USDA may extend the sixty (60) day execution period, any such extension extensions must be in provided in writing.

Appears in 1 contract

Samples: Biological Materials License Agreement

DURATION, MODIFICATION AND TERMINATION. 7.1 COMPANY NURSERY is required to execute fully this Agreement and submit a fully executed original to USDA. If USDA does not receive the fully executed original within sixty (60) days from the date of USDA’s signature on this Agreement, then the terms and conditions of this Agreement shall be withdrawn from further consideration by COMPANY NURSERY and the Agreement shall be null and void. At its sole discretion, USDA may extend the sixty (60) day execution period, any such extension must be in provided in writing.

Appears in 1 contract

Samples: Plant Patent License Agreement

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DURATION, MODIFICATION AND TERMINATION. 7.1 SEED COMPANY is required to execute fully this Agreement and submit a fully executed original to USDA. If USDA does not receive the fully executed original within sixty (60) days from the date of USDA’s signature on this Agreement, then the terms and conditions of this Agreement shall be withdrawn from further consideration by SEED COMPANY and the Agreement shall be null and void. At its sole discretion, USDA may extend the sixty (60) day execution period, any such extension must be in provided in writing.

Appears in 1 contract

Samples: Plant Variety License Agreement

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