Common use of Failure to Institute Proceedings Clause in Contracts

Failure to Institute Proceedings. If the Party having the primary right to institute proceedings under Section 8.9.3 (hereinafter referred to as the "First Prosecuting Party") fails to institute, prosecute or control such action or prosecution within a period of one hundred eighty (180) days after receiving notice of the infringement from the other Party (hereinafter referred to as the "Second Prosecuting Party"), then the Second Prosecuting Party shall have the right to bring and control any such action by counsel of its own choice, and the First Prosecuting Party shall have the right, at its own expense, to be represented in any such action by counsel of its own choice. The First Prosecuting Party shall cooperate with the Second Prosecuting Party in such effort, including being joined as a party to such action if necessary.

Appears in 1 contract

Sources: Research and Development (3 Dimensional Pharmaceuticals Inc)

Failure to Institute Proceedings. If the Party having the primary right to institute proceedings under Section 8.9.3 8.11.3 (hereinafter referred to as the "First Prosecuting Party") fails to institute, prosecute or control such action or prosecution within a period of one hundred eighty (180) days after receiving notice of the infringement from the other Party (hereinafter referred to as the "Second Prosecuting Party"), then the Second Prosecuting Party shall have the right to bring and control any such action by counsel of its own choice, and the First Prosecuting Party shall have the right, at its own expense, to be represented in any such action by counsel of its own choice. The First Prosecuting Party shall cooperate with the Second Prosecuting Party in such effort, including being joined as a party to such action if necessary.

Appears in 1 contract

Sources: Collaboration Agreement (3 Dimensional Pharmaceuticals Inc)