Declaratory Judgement Sample Clauses
A Declaratory Judgement clause allows parties to seek a court's formal determination regarding the interpretation or validity of a contract or specific rights and obligations under it, without requiring proof of actual damages or breach. In practice, this means that if a dispute arises over how a contract should be understood or applied, either party can request a legal ruling to clarify the matter before any further action is taken. This clause helps prevent prolonged uncertainty and potential escalation by providing a clear, authoritative resolution to interpretive disagreements.
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Declaratory Judgement. If a declaratory judgment action is brought naming any Licensed Entity as a defendant and alleging invalidity or unenforceability of any claims within the Licensed Patents, Company will promptly notify University in writing and University will have the right to control such action pursuant to Section 6.A.
Declaratory Judgement. Advaxis shall have the sole right to control any defense of any declaratory judgment action alleging invalidity of any of any Advaxis Patent. OST shall have the first right to control any declaratory judgment action that alleging invalidity of any of OST Background Patent.
Declaratory Judgement. If a declaratory judgment action is brought alleging invalidity or unenforceability of any claims within the Licensed Patents, the Parties shall promptly notify the other, providing a copy of the complaint, and Company will have the first right to control such action pursuant to Section 6.A.
Declaratory Judgement. The parties agree that should either party to this ·Agreement deem itself insecure with respect to 'the enforceability or legality of this Agreement or the terms of any portion of this Agreement it may apply to the NYS Supreme Court, Saratoga County, for a declaration of the legality of this Agreement or any portion hereof, and the commencement of any such action shall not constitute a breach of the within Agreement.
Declaratory Judgement. In the event that any declaratory judgement action alleging invalidity, unenforceability or non-infringement of any PATENT shall be brought against PANAX, ALW PARTNERSHIP, at its option, may intervene in the action within thirty (30) days and assume defense of the action at its expense.