Common use of Prosecution of Infringement Clause in Contracts

Prosecution of Infringement. (a) The Parties shall promptly notify one another in writing of any and all (i) actual or threatened infringements by Third Parties of the Ambit Licensed Patents or Program Patents (in each case, a “Third Party Infringement”) known to either of them, and in any event within thirty (30) days of learning of such infringement or (ii) any misappropriation or misuse of any Ambit Know-How, Joint Program Know-How or Ambit Program Know-How known to them.

Appears in 4 contracts

Samples: Commercialization Agreement (Ambit Biosciences Corp), Commercialization Agreement (Ambit Biosciences Corp), Commercialization Agreement (Ambit Biosciences Corp)

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Prosecution of Infringement. (a) The Parties shall promptly notify one another in writing of any and all (i) actual or threatened infringements by Third Parties of any Patents within the Ambit Technology that relate to a Product in the Licensed Patents or Program Patents (in each case, a “Third Party Infringement”) Field that is known to either of them, and in any event within thirty (30) days of learning of such infringement or (ii) any misappropriation or misuse of any Ambit Know-How, Joint Program Know-How or Ambit Program Know-How known to theminfringement.

Appears in 1 contract

Samples: License Agreement (Spectrum Pharmaceuticals Inc)

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