Common use of Right to Take Action Clause in Contracts

Right to Take Action. Each party has the sole right at its own expense to take action in respect of any potential or actual infringement of Intellectual Property Rights it owns, regardless of the grant of any rights, exclusive or otherwise, to the other party under this agreement. In response to a request by a party taking such action, the other party will provide information and assistance in connection with such potential or alleged infringement to the extent it relates to the Intellectual Property Rights which are the subject of this agreement, and the requesting party will reimburse to the other party all reasonable costs and expenses incurred as a result. Branding

Appears in 1 contract

Sources: Supply and License Agreement (HedgePath Pharmaceuticals, Inc.)

Right to Take Action. Each party has the sole right at its own expense to take action in respect of any potential or actual infringement of Intellectual Property Rights it owns, regardless of the grant of any rights, exclusive or otherwise, to the other party under this agreementAgreement. In response to a request by a party taking such action, the other party will provide information and assistance in connection with such potential or alleged infringement to the extent it relates to the Intellectual Property Rights which are the subject of this agreementAgreement, and the requesting party will reimburse to the other party all reasonable costs and expenses incurred as a result. Branding.

Appears in 1 contract

Sources: Supply and License Agreement (HedgePath Pharmaceuticals, Inc.)

Right to Take Action. Each party has the sole right at its own expense to take action in respect of any potential or actual infringement of Intellectual Property Rights it owns, regardless of the grant of any rights, exclusive or otherwise, to the other party under this agreement. In response to a request by a party taking such action, the other party will provide information and assistance in connection with such potential or alleged infringement to the extent it relates to the Intellectual Property Rights which are the subject of this agreement, and the requesting party will reimburse to the other party all reasonable costs and expenses incurred as a result. Branding.

Appears in 1 contract

Sources: Supply and License Agreement (HedgePath Pharmaceuticals, Inc.)