Common use of Defense of Claims Brought by Third Parties Clause in Contracts

Defense of Claims Brought by Third Parties. If a Party becomes aware of any actual or potential claim that the research, development, or manufacture of any Project Antibody, Derived Antibody or Product being Developed pursuant to this Agreement or that are contemplated for Development, Manufacture of Commercialization under a License Agreement, infringes the Intellectual Property Rights of any Third Party, such Party will [***] notify the other Parties. In any such instance, the Parties will [***] thereafter meet (which may be through the JDC) to discuss [***] regarding the best response to such notice. Certain additional rights and obligations of the Parties with respect to any such claim will be set forth in the applicable License Agreement (to the extent applicable).

Appears in 4 contracts

Samples: Discovery and Option Agreement (Spyre Therapeutics, Inc.), Discovery and Option Agreement (Spyre Therapeutics, Inc.), Discovery and Option Agreement (Aeglea BioTherapeutics, Inc.)

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Defense of Claims Brought by Third Parties. If a Party becomes aware of any actual or potential claim that the researchDevelopment, development, Manufacture or manufacture Commercialization of any Project Antibody, Derived Antibody, Product, Multispecific Antibody or Multispecific Product being Developed pursuant to this Agreement infringes or that are contemplated for Development, Manufacture of Commercialization under a License Agreement, infringes in the future will infringe the Intellectual Property Rights of any Third Party, such Party will [***] notify the other Parties. In any such instance, the Parties will [***] thereafter meet (which may be through the JDC) to discuss [***] regarding the best response to such notice. Certain additional rights and obligations of the Parties with respect to any such claim will be set forth in the applicable License Agreement (to the extent applicable).

Appears in 1 contract

Samples: Discovery and Option Agreement (ARCA Biopharma, Inc.)

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Defense of Claims Brought by Third Parties. If a Party becomes aware of any actual or potential claim that the research, development, or manufacture of any Project Antibody, Derived Antibody or Product being Developed pursuant to this Agreement or that are contemplated for Development, Manufacture of Commercialization under a License Agreement, infringes the Intellectual Property Rights of any Third Party, such Party will [***] notify the other PartiesParty. In any such instance, the Parties will [***] thereafter meet (which may be through the JDC) to discuss [***] regarding the best response to such notice. Certain additional rights and obligations of the Parties with respect to any such claim will be set forth in the applicable License Agreement (to the extent applicable).

Appears in 1 contract

Samples: Discovery and Option Agreement (Apogee Therapeutics, Inc.)

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