Unilateral Termination

 Notice of Unilateral Termination of License Agreement by Licensor
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Description notice unilateral termination

Termination of an agreement occurs when the agreement is ended by either party by virtue of an authority or power granted by the agreement or by a principle of law. The effect of a termination is to discharge all obligations that are executory at the time of discharge, although any right based on a prior breach or performance can be enforced.

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