Common use of Interruption of Business Clause in Contracts

Interruption of Business. Except as specified in Section 8, neither the University nor UFRFI shall be responsible to Licensee for any damages or inconvenience caused by interruption of business or inability to occupy the Licensed Space for any reason whatsoever, providing that, Licensee shall be credited with the cash license fee on a pro rata basis for any working day period, if the business interruption is due to circumstances caused by UFRFI that are not in the normal course of business or that are not a part of normal operating procedures at the BDI Building.

Appears in 2 contracts

Samples: Incubator License Agreement (Oragenics Inc), Martin Biotechnology Development Institute Incubator License Agreement (Ixion Biotechnology Inc)

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Interruption of Business. Except as specified in Section 8, neither the ----------------------- University nor UFRFI shall be responsible to Licensee for any damages or inconvenience caused by interruption of business or inability to occupy the Licensed Space for any reason whatsoever, providing that, Licensee shall be credited with the cash license fee and the supplementary license fee on a pro rata basis for any working day period, if the business interruption is due to circumstances caused by UFRFI that are not in the normal course of business or that are not a part of normal operating procedures at the BDI Buildinginterruption.

Appears in 1 contract

Samples: Incubator License Agreement (Curagen Corp)

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Interruption of Business. Except as specified in Section 87, neither the University nor UFRFI UFRF shall be responsible to Licensee for any damages or inconvenience caused by interruption of business or inability to occupy the Licensed Space for any reason whatsoever, providing that, Licensee shall be credited with the cash license fee on a pro rata basis for any working day period, if the business interruption is due to circumstances caused by UFRFI UFRF that are not in the normal course of business or that are not a part of normal operating procedures at the BDI Buildingbuilding.

Appears in 1 contract

Samples: Incubator License Agreement (AxoGen, Inc.)

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