Common use of Termination and Cancellation Clause in Contracts

Termination and Cancellation. 10. 1. The License and all rights granted hereunder will continue until the end of the applicable period shown in Clause 5.1 above. Thereafter, this license will be terminated and all rights granted hereunder will cease. 10. 2. Licensor reserves the right to terminate the License in the event that payment is not received in full or if you breach the terms of this License.

Appears in 13 contracts

Sources: License Agreement, License Agreement, License Agreement

Termination and Cancellation. 10. 1. The License and all rights granted hereunder will continue until the end of the applicable period shown in Clause 5.1 above. Thereafter, this license will be terminated and all rights granted hereunder will cease. 10. 2. Licensor reserves the right to terminate the License in the event that payment is not received in full or if you breach the terms of this License.

Appears in 1 contract

Sources: License Agreement