Common use of Challenges to Intellectual Property Clause in Contracts

Challenges to Intellectual Property. (a) Xxxxxx shall promptly inform ROS of any written notice of any challenge to the Intellectual Property that could reasonably be expected to adversely affect in any material respect the value of the Royalty Payments, and shall provide to ROS a copy of any such written notice of any such written notice received by Xxxxxx or any of its Subsidiaries as soon as practicable and in any event not less than five business days following such receipt.

Appears in 2 contracts

Samples: Royalty Agreement (Natera, Inc.), Royalty Agreement (Natera, Inc.)

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Challenges to Intellectual Property. (a) Xxxxxx shall promptly inform ROS of any written notice of any challenge to the Intellectual Property that could reasonably be expected to adversely affect in any material respect the value of the Royalty Payments, and shall provide to ROS a copy of any such written notice of any such written notice received by Xxxxxx or any of its Subsidiaries as soon as practicable and in any event not less than five business days [*] following such receipt.

Appears in 2 contracts

Samples: Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.)

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