DFARS 252.227-7007 License Term--Running Royalty

From Knowledge base
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Prescribed in 227.7009-4(b)

Effective Date:1 August 1984
Clause or Provision:Clause
Provision or Clause Number:S 252.227-7007 License Term--Running Royalty

Principle Type And/Or Purpose of Contract:
Required:
Applicable:
Optional:
Subject:
ProcurementType:
Contract Threshold:
Prescription Overview:

Prescription

Clause Overview:

Clause

LICENSE TERM--RUNNING ROYALTY (AUG 1984)

The license hereby granted shall remain in full force and effect for the full term of each of the patents referred to in the “License Grant” clause of this contract and any and all patents hereafter issued on applications for patent referred to above unless sooner terminated as elsewhere herein provided.

Important Notes/Requirements:
Subcontract Threshold:
Incorporated by Reference:Yes
Uniform Contract Format:
Editor:Marshall

Personal notes.