Common use of Notification of Third Party Action Clause in Contracts

Notification of Third Party Action. Each Party will immediately disclose to the other Party in writing any warning letter or other notice of infringement or misappropriation received by such Party, or any action, suit or proceeding brought against such Party alleging infringement of a Patent Right or misappropriation of intellectual property of any Third Party, in each case, arising from the Exploitation of any Licensed Compound or Licensed Product in the Field, but excluding any defense or counterclaim in connection with an infringement action initiated pursuant to Section 10.4 (each, a “Third Party Action”).

Notification of Third Party Action. Each Party will immediately disclose to the other Party in writing any warning letter or other notice of infringement or misappropriation received by such a Party, or any action, suit or proceeding brought against such a Party alleging infringement of a Patent Right or misappropriation of intellectual property of any Third Party with regard to any aspect of the conduct by either Party, in each caseits Affiliates or Sublicensees pursuant to this Agreement or a Research Program, arising from the Exploitation of any Licensed Compound or Licensed Product in the Field, but excluding including any defense or counterclaim in connection with an infringement action initiated pursuant to Section 10.4 7.4 (each, a “Third Party Action”).

Notification of Third Party Action. Each Party will immediately shall promptly disclose to the other Party in writing any warning letter or other notice of infringement or misappropriation received by such a Party, or any action, suit or proceeding brought against such a Party alleging infringement of a Patent Right or misappropriation of intellectual property of any Third Party with regard to any aspect of the conduct by either Party, in each caseits Affiliates, arising from the Exploitation of any Licensed Compound sublicensees or Licensed Product in the FieldDistributors pursuant to this Agreement or a Program, but excluding including any defense or counterclaim in connection with an infringement action initiated pursuant to Section 10.4 8.4 (each, a “Third Party Action”).