Common use of Prosecution and Maintenance of Licensed Patents Clause in Contracts

Prosecution and Maintenance of Licensed Patents. 18.1. Licensor agrees to prepare, file, prosecute, and maintain Licensed Patents during the term of this Agreement and to pay all associated Patent Costs. Licensee shall reimburse Licensor for all reasonable Patent Costs within thirty (30) days after receiving a written invoice for such Patent Costs, provided, however, that if Licensor grants licenses under Licensed Patents to any other party, then Licensee shall be required to reimburse Licensor only for Licensee’s proportionate share of Patent Costs.

Appears in 3 contracts

Samples: License Agreement (Eleven Biotherapeutics, Inc.), License Agreement (Viventia Bio Inc.), License Agreement (Viventia Bio Inc.)

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Prosecution and Maintenance of Licensed Patents. 18.1. Licensor agrees to prepare, file, prosecute, and maintain Licensed Patents during the term of this Agreement and to pay all associated Patent Costs. Licensee shall reimburse Licensor Licensee for all reasonable Patent Costs within thirty (30) days after receiving a written invoice for such Patent Costs, provided, however, that if Licensor grants licenses under Licensed Patents to any other party, then Licensee shall be required to reimburse Licensor only for Licensee’s 's proportionate share of Patent Costs.

Appears in 1 contract

Samples: License Agreement (Viventia Biotech Inc.)

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