Common use of Failure to Reimburse Clause in Contracts

Failure to Reimburse. If Taisho shall fail, without good reason hereunder, to reimburse Vertex as required under Section 6.2 above with respect to a patent application or patent included within the Vertex Patents within sixty (60) days after receipt of a written request for payment from Vertex, Vertex may terminate Taisho's rights with respect to that patent or patent application upon thirty (30) days written notice thereof to Taisho, unless Taisho during such 30-day period shall have submitted payment pursuant to the aforementioned request for payment.

Failure to Reimburse. If Taisho shall fail, without good reason hereunder, to reimburse Vertex as required under Section 6.2 8.3 above with respect to a patent application or patent included within the Vertex Patents within sixty (60) days after receipt of a written request for payment from Vertex, Vertex may terminate Taisho's rights with respect to that patent or patent application upon thirty (30) days written notice thereof to Taisho, unless Taisho during such thirty (30-) day period shall have submitted payment pursuant to the aforementioned request for payment.