Common use of Allocation of Costs and Recoveries Clause in Contracts

Allocation of Costs and Recoveries. Unless otherwise mutually agreed by the Parties, (i) the costs and expenses relating to any enforcement IP Action commenced pursuant to this Section 3.6 shall be borne by the Enforcing Party; and (ii) any settlement payments or damages or other monetary awards (“Recoveries”) recovered in any IP Action by the Enforcing Party, itself or through its designee, pursuant to this Section 3.6, whether by judgment or settlement, shall be allocated in the following order: (A) to reimburse the Enforcing Party for any costs and expenses incurred by or on behalf of the Enforcing Party and/or its designee(s) with respect to such IP Action, (B) to reimburse the Non-Enforcing Party for any costs and expenses incurred by such Party with respect to such IP Action to the extent the Non-Enforcing Party participated in an IP Action pursuant to this Section 3.6 (and has not already been reimbursed by the Enforcing Party), including if it joins such IP Action (but excluding, for the avoidance of doubt, the cost of any counsel employed by the Non-Enforcing Party), and (C) the remainder shall be allocated to the Enforcing Party.

Appears in 3 contracts

Samples: Intellectual Property Agreement (Ingevity Corp), Intellectual Property Agreement (Ingevity Corp), Intellectual Property Agreement (Ingevity Corp)

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Allocation of Costs and Recoveries. Unless otherwise mutually agreed by the PartiesParties or set forth herein, (i) the costs and expenses relating to any enforcement IP Action commenced pursuant to this Section 3.6 3.2 shall be borne by the Enforcing Party; and (ii) any settlement payments or damages or other monetary awards (“Recoveries”) recovered in any IP Action by the Enforcing Party, itself or through its designee, pursuant to this Section 3.63.2, whether by judgment or settlement, shall be allocated in the following order: (A) to reimburse the Enforcing Party for any costs and expenses incurred by or on behalf of the Enforcing Party and/or its designee(s) with respect to such IP Action, (B) to reimburse the Non-Enforcing Party for any costs and expenses incurred by such Party with respect to such IP Action to the extent the Non-Enforcing Party participated in an IP Action is entitled to reimbursement pursuant to this Section 3.6 3.2 (and has not already been reimbursed by the Enforcing Party), including if it joins such IP Action (but excluding, for the avoidance of doubt, the cost of any counsel employed by the Non-Enforcing Party), and (C) the remainder shall be allocated to the Enforcing Party.

Appears in 2 contracts

Samples: Patent and Technology Cross License Agreement (SunEdison Semiconductor LTD), Patent and Technology Cross License Agreement (SunEdison Semiconductor Pte. Ltd.)

Allocation of Costs and Recoveries. (i) Unless otherwise mutually agreed by the PartiesParties or set forth herein, (i) the costs and expenses relating to any enforcement IP Action commenced pursuant to this Section 3.6 5.2 shall be borne by the Enforcing Party; and (ii) any settlement payments or damages or other monetary awards (“Recoveries”) recovered in any IP Action by the Enforcing Party, itself or through its designee, pursuant to this Section 3.65.2, whether by judgment or settlement, shall be allocated in the following order: (A) to reimburse the Enforcing Party for any costs and expenses incurred by or on behalf of the Enforcing Party and/or its designee(s) with respect to such IP Action, (B) to reimburse the Non-Enforcing Party for any costs and expenses incurred by such Party with respect to such IP Action to the extent the Non-Enforcing Party participated in an IP Action is entitled to reimbursement pursuant to this Section 3.6 5.2 (and has not already been reimbursed by the Enforcing Party), including if it joins such IP Action (but excluding, for the avoidance of doubt, the cost of any counsel employed by the Non-Enforcing Party), and (C) the remainder shall be allocated to the Enforcing Party.

Appears in 2 contracts

Samples: Patent and Technology License Agreement (SunEdison Semiconductor LTD), Patent and Technology License Agreement (SunEdison Semiconductor Pte. Ltd.)

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Allocation of Costs and Recoveries. Unless otherwise mutually agreed by the PartiesParties or set forth herein, (i) the costs and expenses relating to any enforcement IP Action commenced pursuant to this Section 3.6 3.2 shall be borne by the Enforcing Party; and (ii) any settlement payments or damages or other monetary awards (“Recoveries”) recovered in any IP Action by the Enforcing Party, itself or through its designee, pursuant to this Section 3.63.2, whether by judgment or settlement, shall be allocated in the following order: (A) to reimburse the Enforcing Party for any costs and expenses incurred by or on behalf of the Enforcing Party and/or its designee(s) with respect to such IP Action, (B) to reimburse the Non-Enforcing Party for any costs and expenses incurred by such Party with respect to such IP Action to the extent the Non-Enforcing Party participated in an IP Action is entitled to reimbursement pursuant to this Section 3.6 3.2 (and has not already been reimbursed by the Enforcing Party), including if it joins such IP Action (but excluding, for the avoidance of doubt, the cost of any counsel employed by the Non-Enforcing Party), and (C) the remainder shall be allocated to the Enforcing PartyEnforcing.

Appears in 1 contract

Samples: Patent and Technology Cross License Agreement (Sunedison Semiconductor, Inc.)

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