Material Patent definition

Material Patent and "Material Trademark" mean all Patents and Trademarks, respectively, that meet the criteria described in clauses (a) and (b) above.
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Material Patent means a Patent that is material to the business of any Credit Party or any of its Subsidiaries.
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Material Patent any Patent the absence, abandonment or loss of which could reasonably be expected to result in a material adverse change in, or a material adverse effect on, the operations or financial condition of [●] and its Subsidiaries, or the Collateral taken as a whole.
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Examples of Material Patent in a sentence

  • Research Institute and Collaborator will negotiate in good faith to determine the terms of a license agreement as to each Patent and Material Patent for which Collaborator has agreed to make payment for patent expenses as provided for in Sections 5.1 and 5.2, if any.

  • Notwithstanding any of the foregoing, if any patent application for a Material Patent also claims any Institute Methods, then it shall be deemed to be a Screening Patent and handled in accordance with Sections 7.3(b) and 7.4(b)(ii).

  • On receipt of such notice, Xxxxxxx shall delay filing of such Material Patent application for an additional period of (or such shorter or longer period mutually agreed by the Parties) to permit preparation and filing of a patent application on the disclosed subject matter or to mitigate any material adverse impact on Institute´s Intellectual Property rights, as applicable.

  • No Material Patent has been or is now involved in any interference, reissue, reexamination, opposition or cancellation proceeding; and, to each Grantor’s best knowledge, none of the Material Patents is infringed or has been challenged or threatened in any way.

  • Sideratou, Multifunctional Dendrimers and Hyperbranched Polymers as Carriers of Genetic Material, Patent Application 20030100194 , May 2 2003.

  • Each Grantor agrees to take corresponding steps with respect to each new or acquired Material Patent to which it now or later become entitled.

  • Confidential, Proprietary and Trade Secret Information and Material; Patent Protection; Intellectual Property; Buyer’s Property; Termination for Cause; Termination for Convenience; Disputes; Governing Law; Sponsored Claims; Taxes; Offset Credits; Seller Financial Review; Publicity; Rights and Remedies; Survival; Severability; Attorney’s Fees; Reduction or Suspension of Contract Payments Upon Finding Fraud or Falsification; and Notice.

  • Members retired to consider their decision at 7.15.pm and reconvened at 8.30pm.

  • To the Knowledge of the Company, each of the Material Patents correctly identifies each and every inventor of the claims thereof as determined in accordance with the laws of the jurisdiction in which such Material Patent is issued or pending, and the Company has performed appropriate reasonable inquiry with respect to such inventorship.

  • Method of Forming Diamonds from Carbonaceous Material Patent Application Daulton, Tyrone ; Lewis, Roy ; Rehn, Lynn ; ...


More Definitions of Material Patent

Material Patent has the meaning set forth in Section 10.2(a)(iv) of the License Agreement.
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Material Patent means a Patent (as hereinafter defined) that is used by the Company in the Ordinary Course of Business and the absence of which could reasonably be expected to have a Material Adverse Effect upon the business, financial condition or operating results of such Company.
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Material Patent means any Patent that Covers, discloses or claims Material Know-How.
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Material Patent and "Material Trademark" shall mean one or more Copyrights, Patents or Trademarks, respectively, which individually has a fair market value in excess of $250,000. In the event that any right to any Copyright, Copyright License, Patent, Patent License, Trademark or Trademark License is infringed, misappropriated or diluted by a third party and such infringement, misappropriation or dilution could reasonably be expected to have a Material Adverse Effect, the Borrower shall notify the Security Agent promptly after it learns thereof and shall promptly take any and all action that would be prudent and in the best interests of the Borrower as reasonably determined by the Borrower to be appropriate. The Borrower shall provide the Security Agent, on an annual basis, with a list of any applications for the registration of any Material Copyright with the United States Copyright Office Material Patent or Material Trademark with the United States Patent and Trademark Office filed by the Borrower and, upon request of the Security Agent, shall execute and deliver any and all agreements, instruments, documents and papers the Security Agent may request to evidence the Security Interests in such Material Patent or Material Trademark and the goodwill and general intangibles of the Borrower relating thereto or represented thereby.
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Material Patent shall have the meaning assigned to it in Section 4.08(b).
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Related to Material Patent

  • Material Litigation is defined in Section 6.7.

  • Licensed Patent means Stanford's rights in U.S. Patent Application, Serial Number , filed , any foreign patent application corresponding thereto, and any divisional, continuation, or reexamination application, extension, and each patent that issues or reissues from any of these patent applications. Any claim of an unexpired Licensed Patent is presumed to be valid unless it has been held to be invalid by a final judgment of a court of competent jurisdiction from which no appeal can be or is taken. “Licensed Patent” excludes any continuation-in-part (CIP) patent application or patent.

  • Material Permit shall have the meaning ascribed to such term in Section 3.1(n).

  • Patent Right means: (a) an issued or granted patent, including any extension, supplemental protection certificate, registration, confirmation, reissue, reexamination, extension or renewal thereof; (b) a pending patent application, including any continuation, divisional, continuation-in-part, substitute or provisional application thereof; and (c) all counterparts or foreign equivalents of any of the foregoing issued by or filed in any country or other jurisdiction.

  • Patent Challenge means a challenge to the validity, patentability, enforceability and/or non-infringement of any of the Licensed Patents or otherwise opposing any of the Licensed Patents.

  • Patent means (a) all patents and patent applications in any country or supranational jurisdiction in the Territory, (b) any substitutions, divisionals, continuations, continuations-in-part, provisional applications, reissues, renewals, registrations, confirmations, re-examinations, extensions, supplementary protection certificates and the like of any such patents or patent applications, and (c) foreign counterparts of any of the foregoing.

  • Program Patent Rights means all Patent Rights that claim or cover patentable Program Know-How, including any Program-Specific Patent Rights.

  • Material Intellectual Property means Intellectual Property owned by or licensed to a Grantor and material to the conduct of any Grantor’s business.

  • Patent Rights means the rights and interests in and to issued patents and pending patent applications (which, for purposes of this Agreement, include certificates of invention, applications for certificates of invention and priority rights) in any country or region, including all provisional applications, substitutions, continuations, continuations-in-part, divisions, renewals, all letters patent granted thereon, and all reissues, re-examinations and extensions thereof, and all foreign counterparts of any of the foregoing.

  • Infringement has the meaning set forth in Section 6.3(a).

  • Intellectual Property Claim any claim or assertion (whether in writing, by suit or otherwise) that a Borrower’s or Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property.

  • Assigned Patent Rights means all of the following, whether now owned or hereafter acquired or arising:

  • Joint Patent means a Patent that claims a Joint Invention.

  • Licensed Patent Rights means:

  • Joint Patent Rights means all Patent Rights claiming a Joint Invention.

  • Company Patents means Patents owned by the Company or used or held for use by the Company in the Business.

  • Regents' Patent Rights means any of the following: the U.S. patent application, serial number [***], entitled [***] disclosing and claiming the Invention, filed by Inventors and assigned to THE REGENTS; and continuing applications thereof including divisions, substitutions, and continuations-in-part (but only to extent the claims thereof are enabled by disclosure of the parent application); any patents issuing on said applications including reissues, reexaminations and extensions; and any corresponding foreign applications or patents.

  • Third Party Intellectual Property means the Intellectual Property Rights of a third party which Supplier uses or incorporates into the Work.

  • Joint Intellectual Property means, collectively, Joint Know-How and Joint Patents.

  • Collaboration Patent Rights means Patent Rights claiming Collaboration Know-How.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Patents means all patents, patent applications and like protections including without limitation improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same.

  • Third Party Intellectual Property Rights means any Intellectual Property owned by a third party.

  • Assigned Patents means only those