Common use of Conduct of Defense Clause in Contracts

Conduct of Defense. Notwithstanding anything to the contrary in this Section 8.2, the Party conducting the defense of a claim will (1) keep the other Party informed on a reasonable and timely basis as to the status of the defense of such claim (but only to the extent such other Party is not participating jointly in the defense of such claim), and (2) conduct the defense of such claim in a prudent manner.

Appears in 4 contracts

Samples: License Agreement (Mirum Pharmaceuticals, Inc.), License Agreement (Lumena Pharmaceuticals, Inc.), Exclusive License Agreement (Furiex Pharmaceuticals, Inc.)

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Conduct of Defense. Notwithstanding anything to the contrary in this Section 8.24, the Party conducting the defense of a claim will (1) keep the other Party informed on a reasonable and timely basis as to the status of the defense of such claim (but only to the extent such other Party is not participating jointly in the defense of such claim), and (2) conduct the defense of such claim in a prudent manner.

Appears in 3 contracts

Samples: Royalty Agreement (Leap Therapeutics, Inc.), Royalty Agreement (Leap Therapeutics, Inc.), Royalty Agreement (Macrocure Ltd.)

Conduct of Defense. Notwithstanding anything to the contrary in this Section 8.2agreement, the Party conducting the defense of a claim will (1) keep the other Party informed on a reasonable and timely basis as to the status of the defense of such claim (but only to the extent such other Party is not participating jointly in the defense of such claim), and (2) conduct the defense of such claim in a prudent manner.

Appears in 3 contracts

Samples: Termination and License Agreement, Termination and License Agreement (Furiex Pharmaceuticals, Inc.), Termination and License Agreement (Pharmaceutical Product Development Inc)

Conduct of Defense. Notwithstanding anything to the contrary in this Section 8.29.2, the Party conducting the defense of a claim will (1) keep the other Party informed on a reasonable and timely basis as to the status of the defense of such claim (but only to the extent such other Party is not participating jointly in the defense of such claim), and (2) conduct the defense of such claim in a prudent manner.

Appears in 3 contracts

Samples: License Agreement (Leap Therapeutics, Inc.), License Agreement (Leap Therapeutics, Inc.), Development and License Agreement (TorreyPines Therapeutics, Inc.)

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Conduct of Defense. Notwithstanding anything to the contrary in this Section 8.210.2, the Party conducting the defense of a claim will (1) keep the other Party informed on a reasonable and timely basis as to the status of the defense of such claim (but only to the extent such other Party is not participating jointly in the defense of such claim), and (2) conduct the defense of such claim in a prudent manner.

Appears in 2 contracts

Samples: Development and License Agreement (CoLucid Pharmaceuticals, Inc.), Development and License Agreement (CoLucid Pharmaceuticals, Inc.)

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