Common use of Damages for Infringement Clause in Contracts

Damages for Infringement. If the parties (and not with one party participating only as a formality) have jointly pursued an infringer by litigation and the Licensee obtains money from the infringer as a settlement or by court order, the excess of that money above the Licensee’s costs that were reasonably incurred for the settlement or litigation, shall be regarded as Other Revenue in relation to a sub-licence.

Appears in 5 contracts

Samples: Licence Agreement (Five Prime Therapeutics Inc), Technology License Agreement (Helix BioPharma Corp), Technology License Agreement (Helix BioPharma Corp)

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