Common use of Responsibility and Costs Clause in Contracts

Responsibility and Costs. EPIX shall, in coordination with MGH, be responsible for the preparation, filing, prosecution and maintenance of all patent applications and patents included in MGH Patent Rights in the Territory, keeping MKG informed. All Costs incurred by EPIX for the preparation, filing, prosecution and maintenance of all patents and patent applications included in MGH Patent Rights in the Territory shall be the responsibility of EPIX. EPIX shall keep MKG reasonably apprised of actions taken by EPIX and MGH pursuant to this Section 4.1.1 and related decisions of government agencies.

Appears in 2 contracts

Samples: Strategic Collaboration Agreement (EPIX Pharmaceuticals, Inc.), Strategic Collaboration Agreement (Epix Medical Inc)

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Responsibility and Costs. EPIX shall, in coordination with MGH, be responsible for the preparation, filing, prosecution and maintenance of all patent applications and patents included in MGH Patent Rights in the Territory, keeping MKG Schering informed. All Costs costs incurred by EPIX for the preparation, filing, prosecution and maintenance of all patents and patent applications included in MGH Patent Rights in the Territory shall be the responsibility of EPIX. EPIX shall keep MKG Schering reasonably apprised of actions taken by EPIX and MGH pursuant to this Section 4.1.1 Section, and related decisions of government agencies.

Appears in 2 contracts

Samples: Strategic Collaboration Agreement (EPIX Pharmaceuticals, Inc.), Strategic Collaboration Agreement (Epix Medical Inc)

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