Examples of Challenge Notice in a sentence
Upon a Licensee Challenge Executive learning of such a Patent Challenge or, if earlier, upon receipt of a Patent Challenge Notice in the event that such Patent Challenge Notice is provided by Licensor, Licensee shall promptly take all steps necessary (in accordance with applicable Law) to withdraw or have withdrawn such Patent Challenge.
Licensee and TSRI shall use reasonable efforts to undertake such negotiations for a period of time not exceeding [***] after the delivery by Licensee of the Challenge Notice.
The failure of CHP to deliver an Acceptance Notice, Rejection Notice, or Challenge Notice within such period of time shall be deemed to be the delivery by CHP of a Rejection Notice.
TSRI may not, for a period of [***] following the expiration of the [***] negotiation period, initiate the same or substantially similar proceeding that was the subject of the Challenge Notice with respect to the patent applications or patents within the Licensed Patent Right that were the subject of such Challenge Notice.
If Dart delivers a written notice to RSH that there no longer exists any basis for a previously delivered Challenge Notice, or if a previously delivered Challenge Notice otherwise becomes ineffective under the terms hereof, then RSH shall be entitled to deliver another Offering/Put Exercise Notice to Dart.
As soon as practical after delivery of the Challenge Notice, Licensee and TSRI shall meet and with reasonable diligence and in good faith attempt to negotiate a resolution to the issues underlying such Challenge.
If Dart delivers a valid Challenge Notice to RSH, then Dart shall promptly notify RSH in writing once there no longer exists any basis for a Challenge Notice.
If Wyeth does not terminate the Agreement as provided in the previous sentence, then all amounts payable to Wyeth under this Agreement after the date of the Challenge Notice shall be doubled until such time as a court of competent jurisdiction or other governmental organization determines in an unappealed or unappealable decision that the subject Licensed Patent Rights are invalid or unenforceable, or, in the case of alleged non-infringement, that the Licensed Patent Rights are not infringed.
If the determination of Current Market Price of a Share is made by the Board of Directors and Fagundo disagrees with such determination, then Fagundo may challengx xxx xudgment of the Board of Directors as to ixx xxxx market value analysis of the Common Stock by delivering written notice (the "Challenge Notice") thereof to the Company within three days of receiving notice of the determination of Current Market Price, which Challenge Notice shall include the valuation asserted by Fagundo.
If Buyer and Seller do not amicably resolve their disagreements regarding a Payment Request within twenty (20) Business Days after the delivery of the related Challenge Notice, then such disagreements will be submitted to binding arbitration.