Common use of March-in Rights Clause in Contracts

March-in Rights. If any suit, action or other proceeding alleging invalidity or non-infringement of any Licensed Patent is brought against Licensee, Licensor, at its option, shall have the right, within *** after commencement of such suit, action or other proceeding, to intervene and take over the sole defense of the suit, action or other proceeding at its own expense.

Appears in 2 contracts

Samples: Exclusive License Agreement (Anixa Biosciences Inc), Exclusive License Agreement (Anixa Biosciences Inc)

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March-in Rights. If any suit, action or other proceeding alleging invalidity or non-non- infringement of any Licensed Patent is brought against Licensee, Licensor, at its option, shall have the right, within *** thirty (30) Business Days after commencement of such suit, action or other proceeding, to intervene and take over the sole defense of the suit, action or other proceeding at its own expense.

Appears in 1 contract

Samples: Patent and Know How License Agreement (C-Bond Systems, Inc)

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March-in Rights. If any suit, action action, or other proceeding alleging invalidity or non-infringement of any Licensed Patent Rights is brought against Licensee, Licensor, at its option, shall have the right, within *** thirty (30) Business Days after commencement of such suit, action action, or other proceeding, to intervene and take over the sole defense of the suit, action action, or other proceeding at its own expense.

Appears in 1 contract

Samples: Combined Master Agreement

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