Common use of Initiation Clause in Contracts

Initiation. In the event that Licensor advises Licensee in writing of a substantial infringement of the patents/copyrights included in the Licensed Patent Rights by a third party, Licensee may, but is not obligated to, bring suit or suits through attorneys of Licensee’s selection with respect to such infringement. In the event Licensee fails to defend any declaratory judgment action brought against any patent or patents of the Licensed Patent Rights, Licensor on written notice to Licensee may terminate the License as to the particular patent or patents involved in such declaratory judgment action.

Appears in 8 contracts

Samples: Exclusive Patent License Agreement (Therapeutic Solutions International, Inc.), Exclusive Patent License Agreement (Therapeutic Solutions International, Inc.), Exclusive Patent License Agreement (Therapeutic Solutions International, Inc.)

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Initiation. In the event that Licensor advises Licensee in writing of a substantial infringement of the patents/copyrights copyrights/proprietary rights included in the Licensed Patent Rights by a third partyIP, Licensee may, but is not obligated to, bring suit or suits through attorneys of Licensee’s selection with respect to such infringement. In the event Licensee fails to defend any declaratory judgment action brought against any patent or patents of the Licensed Patent RightsIP, Licensor on written notice to Licensee may terminate the License as to the particular patent or patents involved in such declaratory judgment action.

Appears in 3 contracts

Samples: License Agreement (Cannabis Sativa, Inc.), License Agreement (Cannabis Sativa, Inc.), License Agreement (Cannabis Sativa, Inc.)

Initiation. In the event that Licensor advises Licensee in writing of a substantial infringement of the patents/copyrights included in the Licensed Patent Rights by a third partyRights, Licensee may, but is not obligated to, bring suit or suits through attorneys of Licensee’s selection with respect to such infringement. In the event Licensee fails to defend any declaratory judgment action brought against any patent or patents of the Licensed Patent Rights, Licensor on written notice to Licensee may terminate the License as to the particular patent or patents involved in such declaratory judgment action.

Appears in 2 contracts

Samples: Patent License Agreement (Myecheck, Inc.), Patent License Agreement (Myecheck, Inc.)

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Initiation. In the event that Licensor advises Licensee in writing of a substantial infringement of the patents/copyrights included in the Licensed Patent Rights by a third partyRights, Licensee may, but is not obligated to, bring suit or suits through attorneys of Licensee’s 's selection with respect to such infringement. In the event Licensee fails to defend any declaratory judgment action brought against any patent or patents of the Licensed Patent Rights, Licensor on written notice to Licensee may terminate the License as to the particular patent or patents involved in such declaratory judgment action.

Appears in 1 contract

Samples: Software License and Services Agreement (Myecheck, Inc.)

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