Common use of Patent Invalidity Claim Clause in Contracts

Patent Invalidity Claim. Each of the Parties shall promptly notify the other in the event of any legal or administrative action by any Third Party against a Orion Patent Right or Recro Patent Right of which it becomes aware, including any nullity, revocation, reexamination or compulsory license proceeding.

Appears in 3 contracts

Samples: License Agreement (Baudax Bio, Inc.), License Agreement (Recro Pharma, Inc.), License Agreement (Recro Pharma, Inc.)

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Patent Invalidity Claim. Each of During the Parties Term, each Party shall promptly notify the other Party in the event of any legal or administrative action by any Third Party against a Orion Patent Right or Recro Licensed Patent Right of which it such Party becomes aware, including any nullity, revocation, reexamination or compulsory license proceeding or similar proceeding.

Appears in 2 contracts

Samples: License Agreement (Century Therapeutics, Inc.), License Agreement (Century Therapeutics, Inc.)

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