Common use of Other Patent Rights Clause in Contracts

Other Patent Rights. Except as set forth in Section 6.3.1, each Party shall be responsible for preparing, filing, prosecuting, obtaining and maintaining, at its sole cost, expense and discretion, all of its own Patent Rights. Predix undertakes to notify Ramot, on an annual basis, of the filing by or on behalf of Predix or any of its AFFILIATES of any priority patent application relating to or covering an actual or potential Licensed Product. Each such notification shall include a brief summary of the invention disclosed in such application.

Appears in 3 contracts

Samples: License Agreement (Predix Pharmaceuticals Holdings Inc), License Agreement (EPIX Pharmaceuticals, Inc.), License Agreement (Predix Pharmaceuticals Holdings Inc)

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Other Patent Rights. Except as set forth in Section 6.3.1, each Party shall be responsible for preparing, filing, prosecuting, obtaining and maintaining, at its sole cost, expense and discretion, all of its own Patent Rights. Predix undertakes to notify Ramot, on an annual basis, of the filing by or on behalf of Predix or any of its AFFILIATES Affiliates of any priority patent application relating to or covering an actual or potential Licensed Product. Each such notification shall include a brief summary of the invention disclosed in such application.

Appears in 2 contracts

Samples: License Agreement (Predix Pharmaceuticals Holdings Inc), License Agreement (EPIX Pharmaceuticals, Inc.)

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