Common use of Challenges to Licensed Patents Clause in Contracts

Challenges to Licensed Patents. If Licensee or an Affiliate institutes or actively participates as an adverse party in, or otherwise provides material support to, any action, suit, or other proceeding anywhere in the world to invalidate or limit the scope of any Licensed Patent claim or obtain a ruling that any Licensed Patent claim is unenforceable or not patentable, Licensor may immediately terminate this Agreement with notice to Licensee with no opportunity for Licensee to cure.

Appears in 3 contracts

Samples: Ip License Agreement (Via Optronics AG), Ip License Agreement (Via Optronics AG), Ip License Agreement (Via Optronics AG)

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Challenges to Licensed Patents. If If, during the Term, Licensee or an Affiliate any of its Affiliates institutes or actively participates as an adverse party in, or otherwise provides material support to, any action, suit, or other proceeding anywhere Action in the world Territory to invalidate or limit the scope of any Licensed Patent claim or to obtain a ruling that any Licensed Patent claim is unenforceable or not patentablepatentable (“Licensed Patent Challenge”), Licensor may immediately terminate this Agreement with notice to Licensee and with no opportunity for Licensee to cure.

Appears in 1 contract

Samples: Option Agreement (VidAngel, Inc.)

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