Common use of Enanta Patent Rights Clause in Contracts

Enanta Patent Rights. In the event such an Infringement relates to any Enanta Patent Rights, Enanta shall have the first right and option to initiate legal proceedings or take other actions regarding such Infringement by reasonable steps. All costs, including, without limitation, attorneys’ fees, relating to such legal proceedings or other action shall be borne by Enanta. If Enanta does not take or initiate commercially reasonable steps to initiate legal proceedings or take other actions regarding the Infringement (A) within ten (10) days from any Infringement Notice if the Infringement relates to a Product being Commercialized by Xxxxxx; (B) (twenty (20) days in the case of an Infringement resulting from the submission by any Third Party of an abbreviated new drug application under the Xxxxx-Xxxxxx Act); and (C) one hundred twenty (120) days for any other Infringement, then in each such case, Xxxxxx shall have the right and option to do so at its expense.

Appears in 6 contracts

Samples: Development and License Agreement (Enanta Pharmaceuticals Inc), License Agreement, Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc)

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