Common use of Xxxxxx Patent Rights Clause in Contracts

Xxxxxx Patent Rights. In the event such an Infringement relates to any Xxxxxx Patent Rights, Xxxxxx shall have the first right and option to initiate legal proceedings or take other actions regarding such Infringement by reasonable steps. All costs, including, without limitation, attorneys’ fees, relating to such legal proceedings or other action shall be borne by Xxxxxx. If Xxxxxx does not take or initiate commercially reasonable steps to initiate legal proceedings or take other actions regarding the Infringement within thirty (30) days from any Infringement Notice (or twenty (20) days in the case of an Infringement resulting from the submission by any Third Party of an abbreviated new drug application under the Xxxxx-Xxxxxx Act), then Enanta shall have the right and option to do so at its expense.

Appears in 5 contracts

Samples: License Agreement, Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc), Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc)

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