Common use of First Right Clause in Contracts

First Right. LICENSEE (and its Sublicensees) shall have the first right, but not the obligation, to control the conduct and resolution of any adversarial legal proceeding relating to the Patent Rights (including without limitation any declaratory judgment action, patent infringement action or opposition) during the Term and will be responsible for all expenses related thereto. MSK shall join in any such action, at LICENSEE’s request and expense.

Appears in 6 contracts

Samples: License Agreement (Y-mAbs Therapeutics, Inc.), License Agreement (Y-mAbs Therapeutics, Inc.), License Agreement (Y-mAbs Therapeutics, Inc.)

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First Right. LICENSEE (and its Sublicensees) shall have the first right, but not the obligation, to control for the conduct initiation, defense, and resolution management of any adversarial legal proceeding relating to the Patent Rights in the Field of Use and Territory (including without limitation any declaratory judgment action, patent infringement action or opposition) during the Term Term, and will be responsible for all expenses related thereto. MSK shall join in any such action, at LICENSEE’s request and expense.

Appears in 3 contracts

Samples: Exclusive License Agreement (Abpro Corp), Exclusive License Agreement (Abpro Corp), Exclusive License Agreement (AngioGenex, Inc.)

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First Right. LICENSEE (and its Sublicensees) shall have the first right, but not the obligation, to control the conduct and resolution of any adversarial legal proceeding relating to the Patent Rights (including without limitation any declaratory judgment action, patent infringement action or opposition) during the Term and will be responsible for all expenses related thereto. MSK MSKCC shall join in any such action, at LICENSEE’s request and expense.

Appears in 1 contract

Samples: Exclusive License Agreement (Juno Therapeutics, Inc.)

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