Common use of Third Party Patent Rights Clause in Contracts

Third Party Patent Rights. Each Party shall promptly notify the other Party of any third party patent rights relevant to the Development or Commercialisation of the Licensed Product of which it becomes aware including by making appropriate searches for these as and when it considers appropriate. To the extent possible, whilst preserving attorney-client privilege, the Parties’ patent counsel shall share copies of all external and internal opinions on the likelihood of grant and/or validity of relevant third party patent rights

Third Party Patent Rights. Each Party shall promptly notify inform the other Party, orally through the Patent Representatives, in the event such Party becomes aware of any third party patent rights relevant Third Party’s Patent Rights that may pertain to the Development any Development, Manufacturing or Commercialisation Commercialization activities of the Xxxxxxx related to a Licensed Product of which it becomes aware including by making appropriate searches for these as and when it considers appropriate. To the extent possible, whilst preserving attorney-client privilege, the Parties’ patent counsel shall share copies of all external and internal opinions on the likelihood of grant and/or validity of relevant third party patent rightsCompound or Licensed Product.

Third Party Patent Rights. Each Party shall promptly notify inform the other Party, orally through the Patent Representatives, in the event such Party becomes aware of any third party patent rights relevant Third Party’s Patent Rights that may pertain to the Development any Development, Manufacturing or Commercialisation Commercialization activities of the Licensee related to a Licensed Product of which it becomes aware including by making appropriate searches for these as and when it considers appropriate. To the extent possible, whilst preserving attorney-client privilege, the Parties’ patent counsel shall share copies of all external and internal opinions on the likelihood of grant and/or validity of relevant third party patent rightsCompound or Licensed Product.