Common use of Recovery and Settlement Clause in Contracts

Recovery and Settlement. If Licensor undertakes the enforcement, (a) any recovery, damages, or settlement derived from that suit, action, or other proceeding will be retained in its entirety by Licensor and (b) Licensor may settle any such suit, action, or other proceeding, whether by consent order, settlement, or other voluntary final disposition, without the advance written approval of Licensee, to the extent such settlement does not harm Licensee’s any use of Licensed IP granted hereunder.

Recovery and Settlement. If Licensor undertakes the enforcementenforcement or defense of any Licensed Patent, (a) any recovery, damages, damages or settlement derived from that such suit, action, action or other proceeding will shall be retained in its entirety by Licensor Licensor, and (b) Licensor may settle any such suit, action, action or other proceeding, whether by consent order, settlement, settlement or other voluntary final disposition, without the advance prior written approval of Licensee, to the extent such settlement does not harm Licensee’s any use of Licensed IP granted hereunder.