Common use of Third Party Patent Rights Clause in Contracts

Third Party Patent Rights. If any warning letter or other notice of infringement is received by a Party, or action, suit or proceeding is brought against a Party, alleging infringement of a Patent Right of any Third Party in the manufacture, use or sale of an Alliance Product or Targacept Licensed Product or in conducting the Research, the Parties shall promptly discuss and decide on an appropriate course of action.

Third Party Patent Rights. If any warning letter or other notice of infringement is received by a Party, or action, suit or proceeding is brought against a Party, Party alleging infringement of a Patent Right patent of any Third Party in Party, with respect to operations under the manufacture, use or sale of an Alliance Product or Targacept Licensed Product or in conducting the ResearchPatent Rights, the Parties shall promptly discuss and decide on an appropriate course what response is in the best interests of actionthe Parties.

Third Party Patent Rights. If any warning letter or other notice of infringement is received by a Party, or action, suit or proceeding is brought against a Party, Party alleging infringement of a Patent Right of any Third Party in the manufacture, use or sale of an Alliance Product or Targacept a Licensed Product or in conducting Released Products or conduct of the Research, the Parties shall will promptly discuss and decide on an appropriate course of actionthe best way to respond.

Third Party Patent Rights. If any warning letter or other notice of infringement is received by a Party, or action, suit or proceeding is brought against a Party, Party alleging infringement of a Patent Right of any Third Party in the manufacture, use or sale of an Alliance Product or Targacept a Licensed Product or in conducting the Research, the Parties shall will promptly discuss and decide on an appropriate course of actionthe best way to respond.