Common use of Notice of Revocation Clause in Contracts

Notice of Revocation. Licensor shall provide Adopter at least fifteen (15) business days’ notice prior to any Revocation of a KSV for any Device Key Set issued to Adopter (the “Revocation Notice Period”), which notice shall specify the grounds for such Revocation (including which of the Revocation Criteria have been satisfied), provided that Licensor may Revoke a KSV on less than fifteen (15) business days’ notice if, in the circumstances set forth in Section 4.2 of this Procedural Appendix, a court of competent jurisdiction determines that claimant has demonstrated likelihood of success of showing that the Revocation Criteria have been satisfied. In the event that ▇▇▇▇▇▇▇ believes in good faith that the Revocation Criteria have not been satisfied with respect to such Revocation, it may contest the grounds for such Revocation pursuant to and in accordance with Section 3.3 of this Procedural Appendix. If Adopter consents to such Revocation during the Revocation Notice Period, Licensor may Revoke such KSV at any time thereafter. If Adopter’s products are or would be affected by a Revocation, Adopter’s sole recourse shall be to challenge such Revocation as set forth herein.

Notice of Revocation. Licensor shall provide Adopter at least fifteen (15) business days’ notice prior to any Revocation of a KSV for any Device Key Set issued to Adopter (the “Revocation Notice Period”), which notice shall specify the grounds for such Revocation (including which of the Revocation Criteria have been satisfied), provided that Licensor may Revoke a KSV on less than fifteen (15) business days’ notice if, in the circumstances set forth in Section 4.2 of this Procedural Appendix, a court of competent jurisdiction determines that claimant has demonstrated likelihood of success of showing that the Revocation Criteria have been satisfied. In the event that ▇▇▇▇▇▇▇ Adopter believes in good faith that the Revocation Criteria have not been satisfied with respect to such Revocation, it may contest the grounds for such Revocation pursuant to and in accordance with Section 3.3 of this Procedural Appendix. If Adopter consents to such Revocation during the Revocation Notice Period, Licensor may Revoke such KSV at any time thereafter. If Adopter’s products are or would be affected by a Revocation, Adopter’s sole recourse shall be to challenge such Revocation as set forth herein.