Focused Action definition

Focused Action means an Action against any alleged infringement of the Focused Patent Rights identified pursuant to Section 7.2, whether inside or outside the Licensed Field of Use; provided however that any Action that involves both the Core Patent Rights and the Focused Patent Rights shall be deemed a Core Action.

Examples of Focused Action in a sentence

  • Borrower will furnish Lender, promptly upon executing this Agreement and upon issuance, with true copies of all licenses, approvals, certificates, and permits required or issued by all applicable governmental authorities and necessary for the lawful use, operation and development of the Premises.

  • In the event that Angiotech elects, in its sole discretion, to undertake such a Focused Action, CABG agrees to reasonably cooperate with Angiotech, including providing access to all necessary documents, executing all papers and performing such other acts as may be reasonably required for such Focused Action, including but not limited to consenting to be joined as a Party plaintiff in such Focused Action.

  • Angiotech shall keep CABG reasonably apprised of the progress of any such Focused Action.

  • Angiotech shall control such Focused Action, and Angiotech may enter into settlements, stipulated judgments or other arrangements respecting such infringement, provided, however, Angiotech shall reasonably consider the interests of CABG and shall not settle or make any agreement that would have a material adverse effect on CABG’s rights under this Agreement, without the prior written consent of CABG.

  • In any Focused Action or Declined Action pursuant to this Section 7.4, any damages or other recovery, including compensatory and other non-compensatory damages or recovery actually received from a third party, shall be allocated first to reimburse the costs and expenses, including reasonable attorney’s fees and expert witness fees, of the Party commencing such Focused or Declined Action and then to reimburse the other Party, if any, for such costs and expenses.

Related to Focused Action

  • Specified Action has the meaning set forth in Section 3.4.2.

  • licensed activity means any activity or activities listed in section 21 of the 2010 Act which is, or are authorised under the licence;

  • Notified Action shall have the meaning set forth in Section 7.04(a) of this Agreement.

  • licensed activities means things authorised to be done by the licence

  • Covered Activity means any activity in which a Covered Person must be engaged when a Covered Accident occurs in order to be eligible for benefits under the Policy. These Covered Activities are listed in the Schedule of Benefits and described in the Hazards section of the Policy.