Common use of Effect of Withdrawal or Termination Clause in Contracts

Effect of Withdrawal or Termination. Upon a Participant’s written withdrawal from a Technical Working Group or upon the termination of its IAB TECHNOLOGY LABORATORY membership, all existing commitments and obligations up to the date of withdrawal or termination will remain in effect, but no new obligations will be incurred. Notwithstanding the foregoing, the patent licensing commitments under this Section 2 shall apply to any Necessary Claims in a subsequent Final Specification to the extent such Necessary Claims would apply to a Draft Specification existing as of the date of withdrawal or termination if such Draft Specification was deemed to be a Final Specification unless otherwise excluded for ▇▇ ▇▇▇▇ mode under Section 2.4.

Effect of Withdrawal or Termination. Upon a Participant’s written withdrawal from a Technical Working Group or or, if a member of the IAB TECHNOLOGY LABORATORY, upon the termination of its such member’s IAB TECHNOLOGY LABORATORY membership, all existing commitments and obligations up to the date of withdrawal or termination will remain in effect, effect but no new obligations will be incurred. Notwithstanding the foregoing, the patent licensing commitments under this Section Article 2 shall will apply to any Necessary Claims in a subsequent Final Specification to the extent such Necessary Claims would apply to a Draft Specification existing as of the date of withdrawal or termination if such Draft Specification was deemed to be a Final Specification Specification, unless otherwise such Necessary Claims were excluded for ▇▇ ▇▇▇▇ mode under Section 2.42.3.