Common use of Covenant Not to Challenge Clause in Contracts

Covenant Not to Challenge. IXYS covenants and agrees, and shall cause its Affiliates to covenant and agree, not to initiate any legal proceedings to challenge the validity or enforceability, or Samsung’s ownership, of any Licensed Samsung Patents, Licensed Samsung Technology or In House EDA Tool.

Appears in 3 contracts

Sources: Product License Agreement (Ixys Corp /De/), Asset Purchase Agreement (Ixys Corp /De/), Asset Purchase Agreement (Ixys Corp /De/)