Common use of Enforcement of Intellectual Property Clause in Contracts

Enforcement of Intellectual Property. If legally able and without breaching any confidentiality provisions of a contract with a third party, in the event that Licensee becomes aware that any third party is infringing the Licensed Marks, Licensee shall promptly notify Licensor and provide pertinent details. Licensor shall have the right in its sole discretion to bring a legal action for infringement against the third party, together with the right to enforce and collect any judgment thereon. If Licensor elects to exercise such right, Licensee shall, at Licensor’s request, provide reasonable assistance to Licensor, at the sole expense of Licensor.

Appears in 3 contracts

Samples: Trademark License Agreement (Howmet Aerospace Inc.), Trademark License Agreement (Arconic Corp), Trademark License Agreement (Arconic Rolled Products Corp)

AutoNDA by SimpleDocs

Enforcement of Intellectual Property. If legally able and without breaching any confidentiality provisions of a contract with a third party, in the event that Licensee becomes aware that any third party is infringing the Licensed MarksMxxx, Licensee shall promptly notify Licensor and provide pertinent details. Licensor shall have the right in its sole discretion to bring a legal action for infringement against the third party, together with the right to enforce and collect any judgment thereon. If Licensor elects to exercise such right, Licensee shall, at Licensor’s request, provide reasonable assistance to Licensor, at the sole expense of Licensor.

Appears in 2 contracts

Samples: Trademark License Agreement (Howmet Aerospace Inc.), Trademark License Agreement (Arconic Rolled Products Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!