Common use of Suit by Licensee Clause in Contracts

Suit by Licensee. Licensee shall have the right, but shall not be obligated, to commence suit for infringement of the Licensed Patents only if the infringing activities giving rise to such suit come within the scope of activities exclusively licensed to Licensee under paragraph 2.1 (i). The total cost of any such infringement action commenced by Licensee shall be borne by Licensee, and Licensee shall retain any recovery or damages awarded in such action.

Appears in 1 contract

Samples: License Agreement (China Rx Holdings, Inc.)

AutoNDA by SimpleDocs

Suit by Licensee. Licensee shall have the initial right, but shall not be obligated, to commence suit for any infringement of the Licensed Patents only if the infringing activities giving rise to such suit come within the scope of activities exclusively licensed to Licensee under paragraph 2.1 (i)Patents. The total cost of any such infringement action commenced solely by Licensee shall be borne by Licensee, and Licensee shall retain any recovery or damages awarded in such action.

Appears in 1 contract

Samples: License Agreement (Zymetx Inc)

AutoNDA by SimpleDocs

Suit by Licensee. Licensee shall have the initial right, but shall not be obligated, to commence suit for any infringement of the Licensed Patents only if the infringing activities giving rise to such suit come within the scope of activities exclusively licensed to Licensee under paragraph 2.1 (i)and/or Licensed Marks. The total cost of any such infringement action commenced solely by Licensee shall be borne by Licensee, and Licensee shall retain any recovery or damages awarded in such action.

Appears in 1 contract

Samples: License Agreement (Zymetx Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.