Common use of Enforcement and Defense Clause in Contracts

Enforcement and Defense. (i) Each party shall have the exclusive right, but not the obligation, to enforce at its sole expense the Assigned Patents in its respective Exclusive Area, and the other party shall TECHNOLOGY DONATION AGREEMENT have no right to enforce any of the Assigned Patents in the other party’s Exclusive Area. Each party shall retain all recoveries resulting from its enforcement activities.

Appears in 4 contracts

Samples: Patent License Agreement, Patent License Agreement (Aegerion Pharmaceuticals, Inc.), Patent License Agreement (Aegerion Pharmaceuticals, Inc.)

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Enforcement and Defense. (i) Each party shall have the exclusive right, but not the obligation, to enforce at its sole expense the Assigned Patents in its respective Exclusive Area, and the other party shall TECHNOLOGY DONATION AGREEMENT have no right to enforce any of the Assigned Patents in the other party’s Exclusive Area. Each party shall retain all recoveries resulting from its enforcement activities.

Appears in 2 contracts

Samples: Patent License Agreement, Patent License Agreement (Aegerion Pharmaceuticals, Inc.)

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