Licensor Prosecution Sample Clauses
Licensor Prosecution. In the event that Licensor takes action under Section 2.2(a), Licensee shall cooperate fully with Licensor in such action, provided that Licensee is reimbursed for all of its reasonable out-of-pocket expenses incurred in connection with such cooperation. Licensor shall keep Licensee informed on all material developments throughout the progress of any such action. The Licensor shall retain all amounts recovered, whether by judgment, award, settlement, license, sublicense or otherwise, in any such action.
Licensor Prosecution. If Licensee elects not to file, prosecute or maintain any copyright or patent to the Licensed Work, it shall notify Licensor at least sixty (60) days prior to taking, or not taking, any action which would result in abandonment, withdrawal, or lapse of such right. Licensor shall then have the right to file, prosecute or maintain the right at its own expense and set off such expense from the royalty payments due Licensor hereinunder.