Common use of Institution, Prosecution and Defense of Claims Clause in Contracts

Institution, Prosecution and Defense of Claims. (a) (i) Promptly following the delivery to the LICENSOR of notice from the LICENSEE of any act of any infringement, unauthorized use, piracy or misappropriation of, or breach of any confidentiality agreement or affecting the Assigned Property, or, in the case where such infringement, unauthorized use, piracy misappropriation or breach is discovered by the LICENSEE or is otherwise brought to its attention and the LICENSEE provides to the LICENSOR written notice thereof, then promptly following the delivery of such notice to the LICENSOR, the LICENSOR shall take such steps as shall be necessary in order to protect the LICENSEE and the LICENSOR’S rights with respect to the said Licensed Property, respectively, including, but not limited to, instituting or authorizing others to institute any claim, suit or proceeding at law or in equity arising out of or related to the infringement, unauthorized use, piracy or misappropriation of, or breach of any confidentiality agreement pertaining to, or in any way affecting the Licensed Property.

Appears in 4 contracts

Samples: Modification Agreement (Endeavor Power Corp), Agreement (Endeavor Power Corp), Agreement (ABC Acquisition Corp 1502)

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Institution, Prosecution and Defense of Claims. (a) (i) Promptly following the delivery to the LICENSOR ASSIGNOR of notice from the LICENSEE ASSIGNEE of any act of any infringement, unauthorized use, piracy or misappropriation of, or breach of any confidentiality agreement or affecting the Assigned Property, or, in the case where such infringement, unauthorized use, piracy misappropriation or breach is discovered by the LICENSEE ASSIGNEE or is otherwise brought to its attention and the LICENSEE ASSIGNEE provides to the LICENSOR ASSIGNOR written notice thereof, then promptly following the delivery of such notice to the LICENSORASSIGNOR, the LICENSOR ASSIGNOR shall take such steps as shall be necessary in order to protect the LICENSEE ASSIGNEE and the LICENSORASSIGNOR’S rights with respect to the said Licensed Assigned Property, respectively, including, but not limited to, instituting or authorizing others to institute any claim, suit or proceeding at law or in equity arising out of or related to the infringement, unauthorized use, piracy or misappropriation of, or breach of any confidentiality agreement pertaining to, or in any way affecting the Licensed Assigned Property.

Appears in 3 contracts

Samples: Modification Agreement (Endeavor Power Corp), Endeavor Power Corp, ABC Acquisition Corp 1502

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Institution, Prosecution and Defense of Claims. (a) (i) Promptly following the delivery to the LICENSOR of notice from the LICENSEE of any act of any infringement, unauthorized use, piracy or misappropriation of, or breach of any confidentiality agreement or affecting the Assigned Property, or, in the case where such infringement, unauthorized use, piracy misappropriation or breach is discovered by the LICENSEE or is otherwise brought to its attention and the LICENSEE provides to the LICENSOR written notice thereof, then promptly following the delivery of such notice to the LICENSOR, the LICENSOR shall take such steps as shall be necessary in order to protect the LICENSEE and the LICENSOR’S rights with respect to the said Licensed Property, respectively, including, but not limited to, instituting or authorizing others to institute any claim, suit or proceeding at law or in equity arising out of or related to the infringement, unauthorized use, piracy or misappropriation of, or breach of any confidentiality agreement pertaining to, or in any way affecting the Licensed Property.. 11 MBS-Parallax Diagnostics License of Intellectual Property September 2011

Appears in 1 contract

Samples: Modification Agreement (Parallax Diagnostics, Inc.)

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