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Common use of Notice of Potential Infringement Clause in Contracts

Notice of Potential Infringement. During the Term, if either party learns of any potential infringement, unauthorized use or misappropriation, or claim of ownership by a Third Party with respect to the Licensed Intellectual Property in the Territory (each, a “Potential Infringement”), such party shall, within two (2) business days of learning of such Potential Infringement, notify the other party in writing and shall promptly provide such other party with available evidence of such Potential Infringement.

Appears in 2 contracts

Samples: Exclusive License Agreement, Exclusive License Agreement (Citius Pharmaceuticals, Inc.)

Notice of Potential Infringement. During the Term, if either party learns of any potential infringement, unauthorized use or misappropriation, or claim of ownership by a Third Party with respect to the Licensed Intellectual Property in the Territory (each, a "Potential Infringement"), such party shall, within two (2) business days of learning of such Potential Infringement, notify the other party in writing and shall promptly provide such other party with available evidence of such Potential Infringement.

Appears in 1 contract

Samples: Exclusive License Agreement (Citius Pharmaceuticals, Inc.)

Notice of Potential Infringement. During the Term, if either party learns of any potential infringement, unauthorized use or misappropriation, or claim of ownership by a Third Party with respect to the Licensed Intellectual Property in connection with any Product in the Territory for the Field of Use (each, a “Potential Infringement”), such party shall, within two (2) business days of learning of such Potential Infringement, shall promptly notify the other party in writing writing, and shall promptly provide such other party with available evidence evidence, of such Potential Infringement.

Appears in 1 contract

Samples: License Agreement (Conatus Pharmaceuticals Inc.)

Notice of Potential Infringement. During the Term, if either party Party learns of any potential infringement, unauthorized use or misappropriation, or claim of ownership by a Third Party with respect to the Licensed Intellectual Property in connection with any Product within or outside of the Territory for any use (each, a “Potential Infringement”), such party shall, within two (2) business days of learning of such Potential Infringement, Party shall promptly notify the other party Party in writing writing, and shall promptly provide such other party Party with available evidence of such Potential Infringement.

Appears in 1 contract

Samples: License Agreement (Viveon Health Acquisition Corp.)