License Termination Date definition

License Termination Date means the end of the License period from the commencement date or date of sooner determination of the License period in accordance with the terms of this Agreement whichever is earlier.

License Termination Date shall have the meaning set forth in Section 2.8.3.

License Termination Date means the date on which there is an affirmative Vote of at least a majority of the votes cast at a Board meeting at which a quorum is present that the Company cease pursuing a Cultivation License and/or Distribution License in connection with the Delta 3 Assets and Operations;

Examples of License Termination Date in a sentence

• If Publisher (Licensor) does not provide the desired date of license termination, the effective License Termination Date shall be 30 Days from the date the PatentBook Administrator receives notice of termination request from Publisher (Licensor).

• The Publisher (Licensor) shall notify the PatentBook Administrator of the desired "License Termination Date", which date shall be a minimum of 30 Days following notification to PatentBook Administrator.

• This research [page 164 ]has been conducted almost exclusively using smooth mathematical functions that have rather extreme tail weights or asymmetry.

• If Tenant fails to cease using the Pre- Opening Site on the License Termination Date or to remove the Registration Unit and any other property of Tenant located thereon on the License Termination Date then, in addition to any other rights and remedies of Landlord under this Lease or applicable Requirements, Landlord may require Tenant to payto Landlord a license fee equal to One Thousand and No/100 Dollars ($1,000.00) per each day beyond the License Termination Date that such failure continue.

• The License shall end on the License Termination Date if Licensee abides by the terms and conditions herein.

More Definitions of License Termination Date

License Termination Date means the earlier of (i) October 7, 2026 and (ii) the date of termination of the License Agreement under Section 20 thereof; provided, in the case of clause (ii), there is no material economic benefit to be realized from the Supernus Intellectual Property.

License Termination Date means the date on which the Borrower’s right to receive royalties under Section 8.5 of the License Agreement and other Royalty Amounts under Section 9.3, 9.4 or 14.1(b) of the License Agreement has terminated in its entirety.

License Termination Date shall have the meaning specified in Section 6.8(b).

License Termination Date. For purposes of determining the total number of Bottles Sold or kilograms of Oxycodone API utilized for any purpose hereunder (including for the purpose of determining the Maximum Number of Bottles or the Maximum Kilos), the number of Bottles shall include any Bottles Sold or otherwise disposed of to customers by KVCO, but shall not include any Bottles that are returned, recalled or otherwise rejected before the License Termination Date. For the purpose of clarity, KV’s right to replace returned, recalled or otherwise rejected KV Products shall not exceed the Maximum Number of Bottles or the Maximum Kilos. For purposes hereof, the terms “Sale,” “Sell,” “Selling” or “Sold” mean selling by KVCO to a third party bona fide purchaser for commercial sale. Notwithstanding anything to the contrary contained herein, this Patent License Agreement shall automatically terminate prior to the License Commencement Date upon the Effective Date of the Distribution and Supply Agreement being entered into by the Parties simultaneously herewith (such date referred to herein as the “PLA Termination Date”), and in no event shall both this Patent License Agreement and the Distribution and Supply Agreement be effective at the same time. For the avoidance of doubt, KVCO shall have no right to grant sublicenses under the License granted to it under this Section 1(a) or any other provision of this Patent License Agreement. Except with respect to the Sale of KV Products specifically permitted by this Patent License Agreement, nothing in this Section 1(a) or in any provision of this Patent License Agreement or any of the Settlement Documents shall be construed to be a grant of any rights, licenses or covenants, whether express, implied or otherwise, by any or all of the Purdue Companies or their Affiliates to KV, KVCO or any of their Affiliates with respect to the manufacture, use, offer for sale, sale, import or supply of pharmaceutical products, or any components, portions, ingredients or excipients relating thereto, on behalf of or to third parties.

License Termination Date means the date of the Closing as set forth in paragraph 3.2.

License Termination Date the earlier of the date of expiry of:

License Termination Date means the date on which both the Baxalta License Termination Date and the Roche License Termination Date shall have occurred.