Common use of Cooperation; Settlement Clause in Contracts

Cooperation; Settlement. To the extent either Party conducts any legal proceedings in relation to the enforcement or defense of Patent Rights in the Field of Use and Territory, it shall keep the other Party reasonably informed of such proceedings. The other Party shall reasonably cooperate, at the expense of the requesting Party. In any action conducted by MSK, LICENSEE will join as may be requested by MSK, and in any action conducted by LICENSEE, LICENSEE may affect joinder of MSK if MSK is an indispensible or necessary party under the applicable law. Notwithstanding anything in this Agreement to the contrary, no settlement, consent judgment, or other voluntary final disposition of any action by LICENSEE that admits or impairs the invalidity, unenforceability, or scope of the Patent Rights may be entered into without the prior written consent of MSK in its sole and absolute discretion.

Appears in 2 contracts

Samples: Exclusive License Agreement (Abpro Corp), Exclusive License Agreement (Abpro Corp)

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Cooperation; Settlement. To the extent either that a Party conducts any legal proceedings in relation to the enforcement or defense of Licensed Patent Rights in the Field of Use and TerritoryTerritory as contemplated above, it shall keep the other Party reasonably informed of such proceedings. The At such Party's request, the other Party shall reasonably cooperate, at the expense of the requesting Party, in such proceedings. In any action conducted by MSK, LICENSEE Licensee will join as may be requested by MSK, and in any action conducted by LICENSEELicensee, LICENSEE Licensee may affect joinder of MSK if MSK is an indispensible indispensable or necessary party under the applicable law. Notwithstanding anything in this Agreement to the contrary, no settlement, consent judgment, or other voluntary final disposition of any action by LICENSEE Licensee that admits the invalidity or impairs the invalidity, unenforceability, or scope unenforceability of the Licensed Patent Rights may be entered into without the prior written consent of MSK in its sole and absolute discretionMSK.

Appears in 1 contract

Samples: Exclusive License Agreement (Atara Biotherapeutics, Inc.)

Cooperation; Settlement. To the extent either Party conducts any legal EXECUTION COPY proceedings in relation to the enforcement or defense of Patent Rights in the Field of Use and Territory, it shall keep the other Party reasonably informed of such proceedings. The other Party shall reasonably cooperate, at the expense of the requesting Partyparty. In any action conducted by MSK, LICENSEE will join as may be requested by MSK, and in any action conducted by LICENSEE, LICENSEE may affect joinder of MSK if MSK is an indispensible or necessary party under the applicable law. Notwithstanding anything in this Agreement to the contrary, no settlement, consent judgment, or other voluntary final disposition of any action by LICENSEE that admits or impairs the invalidity, unenforceability, or scope of the Patent Rights may be entered into without the prior written consent of MSK in its sole and absolute discretion.

Appears in 1 contract

Samples: Exclusive License Agreement (AngioGenex, Inc.)

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Cooperation; Settlement. To the extent either that Party conducts any legal proceedings in relation to the enforcement or defense of Licensed Patent Rights in the Field of Use and TerritoryTerritory as contemplated above, it shall keep the other Party reasonably informed of such proceedings. The At such Party’s request, the other Party shall reasonably cooperate, at the expense of the requesting Party, in such proceedings. In any action conducted by MSK, LICENSEE Licensee will join as may be requested by MSK, and in any action conducted by LICENSEELicensee, LICENSEE Licensee may affect joinder of MSK if MSK is an indispensible or necessary party under the applicable law. Notwithstanding anything in this Agreement to the contrary, no settlement, consent judgment, or other voluntary final disposition of any action by LICENSEE Licensee that admits the invalidity or impairs the invalidity, unenforceability, or scope unenforceability of the Licensed Patent Rights may be entered into without the prior written consent of MSK in its sole and absolute discretionMSK.

Appears in 1 contract

Samples: Exclusive Option Agreement (Atara Biotherapeutics, Inc.)

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