Suit definition
Examples of Suit in a sentence
In the event Company exercises its right to commence an enforcement action pursuant to Section 7.2 (Suit by Company), out of any sums recovered in such suit or in settlement thereof, Company shall first reimburse MIT (and each Co-Owner, as applicable) for any unreimbursed Litigation Expenses and then may reimburse itself for all litigation costs and expenses, including reasonable attorneys’ fees, incurred by Company in the prosecution of any such suit.
Each Party further agrees that service of any process, summons, notice or document by U.S. registered mail to such Party’s respective address set forth herein shall be effective service of process for any such Suit.
The Company shall, and shall cause the other Company Releasors to, (i) comply with and observe the release contained in this Section 8.6 and (ii) not bring or voluntarily participate or assist in any Suit or other claim with respect to any Company Released Claim.
Without limiting each Party’s (and each Co-Owner’s, as applicable) right to approve counsel pursuant to Section 7.2 (Suit by Company) and Section 7.6 (Suit by MIT), each Party (and each Co-Owner, as applicable) shall always have the right to also be represented by counsel of its own selection and at its own expense in any suit for Infringement instituted under this Article 7 by the other Party.
Parent and Merger Sub shall, and shall cause the other Parent Releasors to, (i) comply with and observe the release contained in this Section 8.7 and (ii) not bring or voluntarily participate or assist in any Suit or other claim with respect to any Parent Released Claim.