Prosecution of Registration Sample Clauses

The Prosecution of Registration clause defines the responsibilities and procedures for pursuing the registration of intellectual property rights, such as patents, trademarks, or copyrights. Typically, this clause specifies which party is responsible for preparing, filing, and maintaining the necessary applications, and may outline how costs are allocated or how decisions are made regarding the scope and jurisdiction of filings. Its core function is to ensure that both parties understand their roles and obligations in securing and maintaining legal protection for intellectual property, thereby preventing disputes and ensuring that valuable rights are properly safeguarded.
Prosecution of Registration. (a) Throughout the term of this Agreement the Licensor shall use reasonable efforts to prosecute and maintain the Patents in the Territory and shall use reasonable efforts to prepare, file, prosecute and maintain in the Territory any patents or patent applications on Improvements, the subject of Section 4 hereof, owned by the Licensor or jointly owned by the Licensor and the Licensee, Fresenius GmbH, or both, relating to the Product. This shall include patents and patent applications or patents on Improvements relating to the Product granted by the European Patent Office, in the national patent offices of those countries of Europe to which such European patents apply. (b) Throughout the term of this agreement, the Licensor shall also use reasonable efforts to prosecute and maintain the Trademarks in the Territory and use reasonable efforts to prepare, file, prosecute and maintain in the Territory any new trademarks relating to the Product. Such prosecution shall be limited to the countries listed in Schedule D hereto. (c) Such preparation, filing, prosecution and maintenance of Sections 9.1(a) and 9.1(b) shall be at the expense of the Licensor. The Licensee and Fresenius GmbH shall be kept fully informed of such preparations, filings, prosecutions, and maintenance and, upon Licensor's request, will provide reasonable assistance therein, at Licensor's expense for any out of pocket expenses incurred by Licensee or Fresenius GmbH in providing such assistance. All Patents and Trademarks, and all patents and patent applications on Improvements made solely by the Licensor (other than a new patent with respect to an Improvement developed solely by the Licensee or Fresenius GmbH or jointly by the Licensee or Fresenius GmbH and the Licensor), shall be registered in the name of the Licensor. The Licensor shall be kept fully informed of preparations, filings, prosecution and maintenance relating to patent applications or patents with respect to an Improvement incorporated in the Product developed solely by Licensee and/or Fresenius GmbH. Such solely- developed patent applications or patents for Improvements of Licensee and/or Fresenius GmbH shall be registered in the name of Licensee and/or Fresenius GmbH, as applicable. Patent applications and patents for jointly-developed Improvements shall be jointly owned, with each party having an undivided interest, and registered jointly in the names of Licensor and Licensee and/or Fresenius GmbH, as applicable.
Prosecution of Registration. Throughout the term of this Agreement the Licensor shall prepare, file and prosecute the Patents in the Territory and use its reasonable commercial efforts to prepare, file and prosecute in the Territory any patent applications with respect to the Cascade Process. The Licensor shall also use its reasonable commercial efforts to prepare, file and prosecute in the Territory any new trademarks relating to the Cascade Process. Such preparation, filing and prosecution shall in all cases be at the cost and. expense of the Licensor. The Licensee and Licensor shall be kept fully informed of such preparations, filings and prosecutions, and, upon request of a party, the other party will provide reasonable assistance with respect thereto, at its own expense. The Licensor shall be responsible for the payment of maintenance fees on all Patents and patent applications, and patents granted with respect to such patent applications, and on all Trademarks and new trademarks relating to the Cascade Process.

Related to Prosecution of Registration

  • Expenses of Registration All expenses incurred in connection with registrations, filings or qualifications pursuant to Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees, printers, legal and accounting fees shall be paid by the Company.

  • Maintenance of Registration For a period of at least five (5) years from the Effective Date, or until such earlier time upon which the Company is required to be liquidated, the Company will use its best efforts to maintain the registration of the Units, Common Stock and Warrants under the provisions of the Exchange Act, except after giving effect to a going private transaction after the completion of an Initial Business Combination. The Company will not deregister the Units, Common Stock or Warrants under the Exchange Act (except in connection with a going private transaction after the completion of an Initial Business Combination) without the prior consent of the Representative.

  • Delay of Registration No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any registration pursuant to this Agreement as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2.

  • Suspension of Registration If the continued use of the Shelf Registration Statement at any time would require the Company to make an Adverse Disclosure, the Company may, upon giving prompt written notice of such action to the Holders, suspend use of the Shelf Registration Statement (a “Shelf Suspension”); provided, however, that the Company shall not be permitted to exercise a Shelf Suspension (i) more than twice during any 12-month period; or (ii) for a period exceeding 60 days on any one occasion. In the case of a Shelf Suspension, the Holders agree to suspend use of the applicable Prospectus in connection with any sale or purchase of, or offer to sell or purchase, Registrable Securities, upon receipt of the notice referred to above. The Company shall immediately notify the Holders in writing upon the termination of any Shelf Suspension, amend or supplement the Prospectus, if necessary, so it does not contain any untrue statement or omission and furnish to the Holders such numbers of copies of the Prospectus as so amended or supplemented as the Holders may reasonably request. The Company shall, if necessary, supplement or amend the Shelf Registration Statement, if required by the registration form used by the Company for the Shelf Registration Statement or by the instructions applicable to such registration form or by the Securities Act or the rules or regulations promulgated thereunder or as may reasonably be requested by any Holder.

  • NERC Registration The NTO shall register or enter into agreement with a NERC registered entity for all required NERC functions applicable to the NTO, that may include, without limitation, those functions designated by NERC to be: “Transmission Owner” and “Transmission Planner” and “Transmission Operator.” The Parties agree to negotiate in good faith the compliance obligations for the NERC functions applicable to, and to be performed by, each Party with respect to the NTO’s facilities. Notwithstanding the foregoing, the ISO shall register for the “Transmission Operator” function for all NTO Transmission Facilities under ISO Operational Control identified in Appendix A-1 of this Agreement.