Local Patent Representatives. BII shall inform in writing all of its local patent representatives in the Territory within [***] after the Effective Date that: (i) the Assigned Patents have been assigned to CENTREXION, (ii) any future correspondence and further invoices regarding the Assigned Patents should be directly sent to CENTREXION and (iii) local patent representatives immediately inform CENTREXION about the further due dates related to Assigned Patents. For a period of [***] after the Effective Date BII shall forward to CENTREXION any correspondence it nevertheless receives from its local patent representatives or any patent offices regarding the Assigned Patents.
Appears in 2 contracts
Sources: Patent Assignment and Licensing Agreement (Centrexion Therapeutics Corp), Patent Assignment and Licensing Agreement (Centrexion Therapeutics Corp)
Local Patent Representatives. BII shall inform in writing all of its local patent representatives in the Territory within [****] after receipt of the Effective Date Upfront Payment that: (i) the Assigned Patents have been assigned to CENTREXIONXYNOMIC, (ii) any future correspondence and further invoices regarding the Assigned Patents should be directly sent to CENTREXION XYNOMIC and (iii) local patent representatives immediately inform CENTREXION XYNOMIC about the further due dates related to Assigned Patents. For a period of [***] after the Effective Date BII shall forward to CENTREXION XYNOMIC any correspondence it nevertheless receives from its local patent representatives or any patent offices regarding the Assigned Patents. Within [****] after receipt of the fully executed Assignment XYNOMIC shall authorize a European and an US patent attorney and inform BII of his/her names.
Appears in 1 contract
Sources: Patent Assignment and Licensing Agreement (Bison Capital Acquisition Corp.)