Common use of REVOCATION PROCEEDINGS Clause in Contracts

REVOCATION PROCEEDINGS. A. In the event either party becomes aware of the institution by a third party of any proceedings for the revocation of any Patent, patents or Improvements in any country in the Territory licensed hereunder to Eurobiotech, such party shall notify the other party promptly. Eurobiotech shall defend any such proceedings at its own expense, in its own name. B. SRI shall have the right to participate in such revocation proceedings at Eurobiotech's expense, and will lend its name to such proceedings if requested by Eurobiotech or required by law. Sublicensees of Eurobiotech shall also have the right to participate in such revocation proceedings.

Appears in 2 contracts

Sources: Co Development Agreement (Bioenvision Inc), Co Development Agreement (Bioenvision Inc)