Common use of Certain Patent Matters Clause in Contracts

Certain Patent Matters. The Company represents that certain of its intellectual property is licensed to it by the University of Florida Research Foundation (the "UFRF"). The Company agrees to comply with its royalty and other contractual obligations to UFRF in order to maintain its rights to the intellectual property licensed by UFRF, in each case to the extent it is commercially reasonable for the Company to do so.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Sunpharm Corporation), Securities Purchase Agreement (Sunpharm Corporation)