By Northern Sample Clauses

By Northern. Xxxxx shall not knowingly permit any of the Northern Patent Rights to be abandoned in any country or their scope to be unreasonably limited (for example, to exclude Other Compounds) without Northern first being given an opportunity to assume full responsibility for the continued prosecution and maintenance of same. In the event that Xxxxx decides not to continue the prosecution or maintenance of a patent application or patent within Northern Patent Rights in any country, Xxxxx shall provide Northern with notice of this decision at least [***] prior to any pending lapse or abandonment thereof. Northern shall have the right to assume control of the continued prosecution or maintenance of any such patent application or patent (excluding any SC Patents) provided that Northern shall, if so requested by Xxxxx, take such actions as may be reasonably requested by Xxxxx to amend such patent applications or patents, to the extent feasible under applicable laws and regulations, to narrow the scope thereof so that such patent applications and patents no longer claim Licensed Compounds if such amendment is feasible without excluding Other Compounds from being so claimed. In the event that Northern elects to assume responsibility for such prosecution and maintenance within [***] of Xxxxx’x notice, Section 5.2(a) shall thereafter apply to such patent application(s) and patent(s) except that the role of Xxxxx and Northern shall be reversed thereunder, including that Northern shall be solely responsible for all costs arising from those activities and hence it shall be also deemed that the exclusive, even as to Xxxxx, rights to said patent(s) and patent application(s) return to the full discretion of Northern and Northern shall redeem all its rights back to its ownership with the purchase price of one US dollar.
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By Northern. Northern has all requisite corporate power and authority to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated by this Agreement. This Agreement and the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action on the part of Northern. This Agreement has been duly executed and delivered by Northern and constitutes the legal, valid, and binding obligation of Northern, enforceable against Northern in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, or other similar laws from time to time in effect which may affect the enforcement of creditors' rights in general; and (ii) general principles of equity.
By Northern. The Trust must notify Northern in writing of any contested amounts within thirty (30) days of receipt of a billing for such amounts. Disputed amounts are not due and payable while they are being investigated.

Related to By Northern

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