Common use of Settlement of Litigation Clause in Contracts

Settlement of Litigation. No settlement, consent judgment or other final disposition of an action for infringement or validity or misappropriation may be entered into as to any Licensed Patent or Licensed Know-How without the prior written consent of both Parties, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: License Agreement (Mirum Pharmaceuticals, Inc.), License Agreement (Lumena Pharmaceuticals, Inc.)

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Settlement of Litigation. No settlement, consent judgment or other final disposition of an action for infringement or validity or misappropriation may be entered into by a Party as to any Licensed Patent or Licensed Lilly Know-How without the other Party’s prior written consent of both Partiesconsent, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Development and License Agreement (CoLucid Pharmaceuticals, Inc.), Development and License Agreement (CoLucid Pharmaceuticals, Inc.)

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