Licensee’s Enforcement Rights. Licensee shall enforce the Patent Rights against any infringement by a third party in the Field in the Territory. Licensee shall be responsible for payment of all fees and expenses associated with such enforcement incurred by Licensee and incurred by Licensor in providing cooperation or joining as a party as provided in Section 9.4. Any monetary recovery for actual damages or punitive damages, in excess of Licensee’s documented, third-party expenses in enforcing the Patent Rights and amounts actually reimbursed by Licensee to Licensor under this Section 9.2 shall be shared by Licensee with Licensor in the same manner as Non-Royalty Sublicensing Consideration.
Appears in 16 contracts
Samples: www.sec.gov, American Boarding Co, American Boarding Co
Licensee’s Enforcement Rights. Licensee shall enforce the Patent Rights against any infringement by a third party in the Field in the Territoryparty. Licensee shall be responsible for payment of all fees and expenses associated with such enforcement incurred by Licensee and incurred by Licensor in providing cooperation or joining as a party as provided in Section 9.4. Any monetary recovery for actual damages or punitive damages, in excess of Licensee’s documented, third-party expenses in enforcing the Patent Rights and amounts actually reimbursed by Licensee to Licensor under this Section 9.2 shall be shared by Licensee with Licensor in the same manner as Non-Royalty Sublicensing Consideration.
Appears in 5 contracts
Samples: Technology License Agreement (Blue Water Biotech, Inc.), Patent License Agreement, Technology License Agreement
Licensee’s Enforcement Rights. Licensee shall enforce the Patent Rights against any infringement by a third party in the Field in the Territoryparty. Licensee shall be responsible for payment of all fees and expenses associated with such enforcement incurred by Licensee and incurred by Licensor in providing cooperation or joining as a party as provided in Section 9.4. Any monetary recovery for actual damages or punitive damages, damages in excess of Licensee’s documented, third-party expenses in enforcing the Patent Rights and amounts actually reimbursed by Licensee to Licensor under this Section 9.2 shall be shared by Licensee with Licensor in the same manner as Non-Royalty Sublicensing Consideration.
Appears in 3 contracts
Samples: Technology License Agreement (Aileron Therapeutics Inc), Patent and Technology License Agreement, Patent License Agreement
Licensee’s Enforcement Rights. Licensee shall may enforce the Patent Rights against any infringement by a third party in the Field in the Territoryparty. Licensee shall be responsible for payment of all fees and expenses associated with such enforcement incurred by Licensee and incurred by Licensor in providing cooperation or joining as a party as provided in Section 9.4. Any monetary recovery for actual damages or punitive damages, damages in excess of Licensee’s documented, third-party expenses in enforcing the Patent Rights and amounts actually reimbursed by Licensee to Licensor under this Section 9.2 shall be shared 18 by Licensee with Licensor in the same manner as Non-Royalty Sublicensing Consideration.
Appears in 1 contract
Samples: Patent and Technology License Agreement (MAIA Biotechnology, Inc.)
Licensee’s Enforcement Rights. Licensee shall may enforce the Patent Rights against any infringement by a third party in the Field in the Territoryparty. Licensee shall be responsible for payment of all fees and expenses associated with such enforcement incurred by Licensee and incurred by Licensor in providing cooperation or joining as a party as provided in Section 9.4. Any monetary recovery for actual damages or punitive damages, damages in excess of Licensee’s documented, third-party expenses in enforcing the Patent Rights and amounts actually reimbursed by Licensee to Licensor under this Section 9.2 shall be shared by Licensee with Licensor in the same manner as Non-Royalty Sublicensing Consideration.
Appears in 1 contract
Samples: Patent and Technology License Agreement (MAIA Biotechnology, Inc.)