Common use of Right to Take Action Clause in Contracts

Right to Take Action. Licensor, at its own expense and in its absolute discretion, may commence, prosecute and/or settle any trademark, unfair competition or related action or proceeding or assert any claim of infringement, unfair competition or any other action relating to the Licensed ▇▇▇▇ and will retain any award or settlement obtained as a result thereof except to the extent that the award or settlement is based on damages suffered by Licensee. Except upon the prior written request and authorization of Licensor, Licensee will not take any action to prevent infringements, imitations or illegal uses of the Licensed ▇▇▇▇. In the event that Licensor determines that some action or assistance relating to the Licensed ▇▇▇▇ is appropriate, Licensee will render to Licensor all assistance, fully and without reservation, as is reasonably requested in connection with any matter relating to protection or enforcement of the Licensed ▇▇▇▇.