Prosecution Obligation Clause Samples
The Prosecution Obligation clause requires one party, typically the owner or applicant of intellectual property, to actively pursue and maintain the prosecution of patent or other IP applications. In practice, this means the obligated party must file necessary documents, respond to office actions, and take reasonable steps to advance the application through the relevant patent office or authority. This clause ensures that valuable intellectual property rights are not lost due to inaction, thereby protecting the interests of all parties who may benefit from the resulting IP.
Prosecution Obligation. The Company shall apply for, and maintain ---------------------- during the term of this Agreement any and all Licensed Patents in the European Patent Community, Japan, the United States of America and Canada and such other countries in which the Company desires in its sole discretion to commercialize the Licensed Products. All reasonable costs and expenses of the prosecution and maintenance of the Licensed Patents in such countries (including all governmental filing fees) shall be paid by the Company. The Inventors shall render reasonable assistance to the Company in filing and prosecuting such applications and maintaining the Licensed Patents in such countries whenever requested to do so, at the Company's expense.
Prosecution Obligation. The Company shall, at its sole cost and expense, --- ---------------------- maintain during the term of this Agreement any and all Assigned PNU Patent Rights. PNU shall, at its sole cost and expense, apply for, and use its reasonable good faith efforts to seek issuance of, and maintain during the term of this Agreement any and all Licensed PNU Patent Rights, in a timely and reasonably prudent business manner.
Prosecution Obligation. The Company shall, at its sole cost and expense, maintain during the term of this Agreement any and all Assigned PNU Patent Rights and Company Patent Rights; it being understood and agreed that until such time as PNU elects the option provided in clause (ii) of Section 3.3, PNU shall have the option, in its sole discretion, to assume the maintenance of any and all such Assigned PNU Patent Rights and Company Patent Rights during the term of this Agreement at its sole cost and expense in any country where such election has not been made. PNU shall, at its sole cost and expense, apply for, and use its reasonable good faith efforts to seek issuance of, and maintain during the term of this Agreement any and all Licensed PNU Patent Rights, in a timely and reasonably prudent business manner until such time as PNU elects the option provided in clause (i) of Section 3.3."
Prosecution Obligation. LICENSEE shall on behalf of LICENSOR apply ---------------------- for, seek prompt issuance of, and maintain during the term of this Agreement any and all Patent Rights in countries in North America and Western Europe, in Japan, and in any other country in which LICENSEE desires to apply for, prosecute and/or maintain Patent Rights on behalf of LICENSOR. All reasonable costs and expenses of the prosecution and maintenance of such Patent Rights shall be paid by LICENSEE. LICENSOR shall render reasonable assistance to LICENSEE in filing and prosecuting such applications and maintaining the Patent Rights whenever requested to do so, at LICENSEE's expense. In the event that LICENSEE intends to cease prosecution of or otherwise abandon any Patent Rights in any geographic area, LICENSEE shall so notify LICENSOR and LICENSOR shall thereafter have the right to prosecute and maintain such Patent Rights in such geographic area by itself and at its own expense.
Prosecution Obligation. The Licensors shall apply for, seek prompt issuance of and maintain during the Term of this Agreement any and all Patents in the Territory which are included in the Licensed Intellectual Property. All costs and expenses of the prosecution and maintenance of such Patents shall be borne by the Licensors and not by the Licensee.