Common use of Deadline for Execution by Licensee Clause in Contracts

Deadline for Execution by Licensee. [18] If University executes this Agreement first and Licensee fails to execute and return it to the University within 30 days of the date of University’s signature below, then the Agreement is null and void. [18]This provision prevents the licensee from delaying entry into agreement and keeping university from potentially licensing to third parties. Insert name of signatory Its: Insert title of signatory Office for Technology Commercialization Insert name of signatory Its: Insert title of signatory The signatory warrants that they are authorized to execute this agreement on behalf of the Regents of the University of [State]. The signatory warrants that they are authorized to execute this agreement on behalf of Licensee

Deadline for Execution by Licensee. [18] If University executes this Agreement first and Licensee fails to execute and return it to the University within 30 days of the date of University’s signature below, then the Agreement is null and void. [18]This 18] This provision prevents the licensee from delaying entry into agreement and keeping university from potentially licensing to third parties. Insert name of signatory Its: Insert title of signatory Office for Technology Commercialization Insert name of signatory Its: Insert title of signatory The signatory warrants that they are authorized to execute this agreement on behalf of the Regents of the University of [State]. The signatory warrants that they are authorized to execute this agreement on behalf of Licensee