Common use of Cooperation; Settlement Clause in Contracts

Cooperation; Settlement. Regardless of which Party brings the action (the “Initiating Party”), the other Party (the “Non-Initiating Party”) hereby agrees to cooperate reasonably in any such effort, all at the Initiating Party’s expense, and the Parties shall reasonably cooperate to address new facts or circumstances that come to light during the course of any action relating to the Licensed Patents which may affect the need for one Party or the other to participate in such action. The Non-Initiating Party agrees to be joined as a party plaintiff, at the Initiating Party’s expense, in any such action if needed for the Initiating Party to bring or continue an infringement action hereunder. The Non-Initiating Party shall, at its own expense and with its own counsel, have the right to participate in any action brought by the Initiating Party. Neither Party may settle any action brought under this Section 5.2, or take any other action in the course thereof, that adversely affects the other Party’s interest in the Licensed Patents, without the written consent of such other Party, such consent not to be unreasonably withheld.

Appears in 2 contracts

Samples: License Agreement (Avalon Pharmaceuticals Inc), ® License Agreement (Clinical Data Inc)

AutoNDA by SimpleDocs

Cooperation; Settlement. Regardless of which Party brings the action (the “Initiating Party”), the other Party (the “Non-Initiating Party”) hereby agrees to cooperate reasonably in any such effort, all at the Initiating Party’s expense, and the Parties shall reasonably cooperate to address new facts or circumstances that come to light during the course of any action relating to the Licensed Patents which may affect the need for one Party or the other to participate in such action. The Non-Initiating Party agrees to be joined as a party plaintiff, at the Initiating Party’s expense, in any such action if needed for the Initiating Party to bring or continue an infringement action hereunder. The Non-Initiating Party shall, at its own expense and with its own counsel, have the right to participate in any action brought by the Initiating Party. Neither Party may settle any action brought under this Section 5.2, or take any other action in the course thereof, that adversely affects the other Party’s interest in the Licensed PatentsPatents or Licensed Know-How, without the written consent of such other Party, such consent not to be unreasonably withheld.

Appears in 2 contracts

Samples: License Agreement (Corbus Pharmaceuticals Holdings, Inc.), License Agreement (Vaccinogen Inc)

Cooperation; Settlement. Regardless of which Party brings the action (the “Initiating Party”), the other Party (the “Non-Initiating Party”) hereby agrees to cooperate reasonably in any such effort, all at the Initiating Party’s expense, and the Parties shall reasonably cooperate to address new facts or circumstances that come to light during the course of any action relating to the Licensed Company Patents or Licensee Patents which may affect the need for one Party or the other to participate in such action. The Non-Initiating Party agrees to be joined as a party plaintiff, at the Initiating Party’s expense, in any such action if needed for the Initiating Party to bring or continue an infringement action hereunder. The Non-Initiating Party shall, at its own expense and with its own counsel, have the right to participate in any action brought by the Initiating Party. Neither Party may settle any action brought under this Section 5.2‎5.2, or take any other action in the course thereof, that adversely affects the other Party’s interest in the Licensed PatentsPatents or Licensed Know-How, without the written consent of such other Party, such consent not to be unreasonably withheld.

Appears in 2 contracts

Samples: License Agreement (Arog Pharmaceuticals, Inc.), License Agreement (Arog Pharmaceuticals, Inc.)

Cooperation; Settlement. Regardless of which For any action or proceeding brought by a Party brings the action under this Section 9.4 (the “Initiating Party”), regardless of which Party brings such action or proceeding, the other Party (the “Non-Initiating Party”) hereby agrees to shall cooperate reasonably in any such effort, all at the Initiating Party’s expense, and the Parties shall reasonably cooperate to address new facts or circumstances that come to light during the course of any such action relating to the Licensed Patents which or proceeding that may affect the need for one Party or the other to participate in such action. The Non-Initiating Party agrees to be joined as a party plaintiff, at the Initiating Party’s expense, in any such action if needed for the Initiating Party to bring or continue an infringement action hereunder. The Non-Initiating Party shall, at its own expense and with its own counsel, have the right to participate in advise and provide comments with respect to any action brought by the Initiating PartyParty under this Section 9.4. Neither Party may settle any an action or proceeding brought under this Section 5.29.4 in a manner that, or knowingly take any other action in the course thereofthereof that, that adversely affects the other Party’s interest in value, scope or validity of the Licensed Patents, Acerus Patents without the written consent of such the other Party, such which consent shall not to be unreasonably withheld.

Appears in 1 contract

Samples: License and Supply Agreement (Aytu Bioscience, Inc)

AutoNDA by SimpleDocs

Cooperation; Settlement. Regardless of which For any action or proceeding brought by a Party brings the action under this Section 9.4 (the “Initiating Party”), regardless of which Party brings such action or proceeding, the other Party (the “Non-Initiating Party”) hereby agrees to cooperate reasonably in any such effort, all at the Initiating Party’s expense, and the Parties shall reasonably cooperate to address new facts or circumstances that come to light during the course of any such action relating to the Licensed Patents which or proceeding that may affect the need for one Party or the other to participate in such action. The Non-Initiating Party agrees to be joined as a party plaintiff, at the Initiating Party’s expense, in any such action if needed for the Initiating Party to bring or continue an infringement action hereunder. The Non-Initiating Party shall, at its own expense and with its own counsel, have the right to participate in advise and provide comments with respect to any action against a Field Infringement brought by the Initiating PartyParty under this Section 9.4. Neither Party may settle any action or proceeding brought against a Field Infringement under this Section 5.29.4 in a manner that, or take any other action in the course thereofthereof that, that to the knowledge of the Party taking the action, materially adversely affects the other Party’s interest in the Licensed Alexza Patents, without the written consent of such other Party, such consent not to be unreasonably withheld.

Appears in 1 contract

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

Time is Money Join Law Insider Premium to draft better contracts faster.