Common use of Settlement and Recovery Clause in Contracts

Settlement and Recovery. (a) Licensee agrees OHSU owns the Licensed Technology, and Licensee will not settle any action or other proceeding in any manner that includes an admission of fault and/or is prejudicial to OHSU, including any of the rights regarding the Licensed Technology, without OHSU's prior written approval.

Appears in 3 contracts

Samples: Exclusive License Agreement (Regen BioPharma Inc), Exclusive License Agreement (Bio-Matrix Scientific Group, Inc.), Exclusive License Agreement (Bio-Matrix Scientific Group, Inc.)

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Settlement and Recovery. (a) Licensee agrees OHSU owns the Licensed TechnologyTechnologies, and Licensee will not settle any action or other proceeding in any manner that includes an admission of fault and/or is prejudicial to OHSU, including any of the rights regarding the Licensed TechnologyTechnologies, without OHSU's ’s prior written approval.

Appears in 2 contracts

Samples: Master Exclusive License Agreement (Vir Biotechnology, Inc.), Master Exclusive License Agreement (Vir Biotechnology, Inc.)

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