Common use of Failure to Prosecute Clause in Contracts

Failure to Prosecute. Either party may elect upon sixty (60) days prior notice to discontinue prosecution or maintenance of any patent within Joint Technology in any or all countries. In such case, the other party shall have the right to prosecute and maintain such patent applications and patents in such countries it deems appropriate, at its sole expense.

Failure to Prosecute. Either party Party may elect upon sixty (60) days prior notice to discontinue prosecution or maintenance of any patent within Joint Technology in any or all countries. In such case, the other party Party shall have the right to prosecute and maintain such patent applications and patents in such countries it deems appropriate, at its sole expense.