Common use of Termination and Extension Clause in Contracts

Termination and Extension. 7.1 Except as otherwise provided in Section 2.6, this License Agreement shall terminate automatically at the end of the term specified in Section 2.1. 7.2 The Licence Agreement will be terminated if a bankruptcy proceeding is filed against the Licensee.

Appears in 3 contracts

Sources: License Agreement (Harbor Island Development Corp.), License Agreement (Harbor Island Development Corp.), License Agreement (Caduceus Software Systems Corp.)

Termination and Extension. 7.1 Except as otherwise provided in Section 2.6provided, this License Agreement shall terminate automatically at the end of the term specified in Section 2.1. 7.2 The Licence Agreement will be terminated if a bankruptcy proceeding is filed against the Licensee. 7.3 The License Agreement will not terminate if a bankruptcy proceeding is filed against the Licensor.

Appears in 1 contract

Sources: License Agreement (Horiyoshi Worldwide Inc.)

Termination and Extension. 7.1 6.1 Except as otherwise provided in Section 2.6provided, this License Agreement shall terminate automatically at the end of the term specified in Section 2.1. 7.2 6.2 The Licence Agreement will be terminated if a bankruptcy proceeding is filed against the Licensee.

Appears in 1 contract

Sources: License Agreement (Lexaria Corp.)

Termination and Extension. 7.1 Except as otherwise provided in Section 2.6provided, this License Agreement shall terminate automatically at the end of the term specified in Section 2.1. 7.2 The Licence Agreement will be terminated if a bankruptcy proceeding is filed against the Licensee.

Appears in 1 contract

Sources: License Agreement (USR Technology, Inc.)