Common use of Bearing of Expenses Clause in Contracts

Bearing of Expenses. In any infringement action commenced under this Article, provided that UNIVERSITY fails to notify LICENSEE, as provided in Paragraph 5.4, that UNIVERSITY agrees to bear one-half of the expense of prosecuting such suit, the expenses in such action, including, but not limited to, costs, fees, attorney fees, and disbursements, shall be paid solely by LICENSEE.

Appears in 3 contracts

Samples: Option Agreement (Wildcap Energy Inc.), Option Agreement (WildCap Energy Inc.), Exclusive Patent License Agreement (Hague Corp.)

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Bearing of Expenses. In any infringement action commenced under this Article, provided that UNIVERSITY fails to notify LICENSEEWILDCAP, as provided in Paragraph 5.4, that UNIVERSITY agrees to bear one-half of the expense of prosecuting such suit, the expenses in such action, including, but not limited to, costs, fees, attorney fees, and disbursements, shall be paid solely by LICENSEEWILDCAP.

Appears in 1 contract

Samples: License Agreement (Wildcap Energy Inc.)

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