Product Patents. Quoin shall have the sole right to enforce the Product Patents in the Territory, and shall retain any damages or other amounts collected in connection therewith. Licensee will not take any actions that would challenge Quoin’s ownership in the Product Patents, or contest the validity of the Product Patents. Such actions would be considered a breach of the Agreement.
Appears in 5 contracts
Samples: License and Distribution Agreement (Quoin Pharmaceuticals, Ltd.), License and Distribution Agreement (Quoin Pharmaceuticals, Ltd.), License and Distribution Agreement (Quoin Pharmaceuticals, Ltd.)
Product Patents. Quoin shall have the sole right to enforce the Product Patents in the Territory, and shall retain any damages or other amounts collected in connection therewith. Licensee will not take any actions that would challenge Quoin’s ownership in the Product Patents, or contest the validity of the Product Patents. Such actions would be considered a material breach of the Agreement.
Appears in 1 contract
Samples: Exclusive License and Distribution Agreement (Quoin Pharmaceuticals, Ltd.)
