ABATEMENT OF INFRINGEMENT. 8.1 Each party shall promptly inform the other party of any suspected infringement of any Licensed Patents. During the term of this Agreement, MCGRI and LICENSEE shall have the right to institute an action for infringement of the Licensed Patents against any such third party in accordance with the following and subject to the rights of any third parties granted licenses to practice the Licensed Patents by MCGRI:
Appears in 4 contracts
Samples: Stock Subscription Agreement (Newlink Genetics Corp), Stock Subscription Agreement (Newlink Genetics Corp), Stock Subscription Agreement (Newlink Genetics Corp)
ABATEMENT OF INFRINGEMENT. 8.1 Each party LICENSEE shall promptly inform the other party MCGRI of any suspected infringement of any Licensed Patents. During the term of this Agreement, MCGRI and LICENSEE shall have the right to institute an action for infringement of the Licensed Patents against any such third party in accordance with the following and subject to the rights of any third parties granted licenses to practice the Licensed Patents by MCGRI:
Appears in 2 contracts
Samples: License Agreement (Targacept Inc), License Agreement (Targacept Inc)
