Common use of OFFSET CREDITS Clause in Contracts

OFFSET CREDITS. 11.1 LICENSEE agrees to notify UTC in advance of LICENSEE becoming involved in any prospective business venture in a foreign country which will make Licensed Products or in any way utilize Licensed Patents, including but not limited to starting a new business

Appears in 2 contracts

Sources: Fiber Optic Patent License (Luna Innovations Inc), Fiber Optic Patent License (Luna Innovations Inc)