Common use of Patent Challenges Clause in Contracts

Patent Challenges. Notwithstanding the foregoing, if a LICENSED PARTY initiates an action or proceeding challenging the validity or scope of PATENT RIGHTS or that a LICENSED PRODUCT practices the PATENT RIGHTS, the following shall apply:

Appears in 5 contracts

Samples: License Agreement (Inhibitor Therapeutics, Inc.), Jhu Agreement Number A40899 (Denali SPAC Holdco, Inc.), Jhu Exclusive License Agreement (Histogen Inc.)

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Patent Challenges. Notwithstanding the foregoing, if a LICENSED PARTY initiates an action or proceeding challenging the validity or scope of PATENT RIGHTS or that a LICENSED PRODUCT practices the PATENT RIGHTS, the following shall apply:

Appears in 1 contract

Samples: Certain Confidential (Capricor Therapeutics, Inc.)

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