Common use of Valid Clause in Contracts

Valid. Claim shall mean a claim in any (a) unexpired and issued Patent Right that has not been dedicated to the public, disclaimed, revoked or held invalid by a final unappealable decision or unappealed decision of a court of competent jurisdiction after the period for filing an appeal has expired or (b) pending patent application which patent application has been on file with the application patent office for no more than [ ]* from the earliest date from which the patent application was filed or claims earliest priority.

Appears in 7 contracts

Samples: License Agreement (Rhythm Pharmaceuticals, Inc.), License Agreement (Rhythm Holding Company, LLC), License Agreement (Rhythm Pharmaceuticals, Inc.)

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Valid. Claim shall mean a claim in of any (a) pending, or issued and unexpired and issued Licensed Patent Right that has which shall not have been dedicated to the publicwithdrawn, canceled, or disclaimed, revoked or nor held invalid by a final unappealable decision or unappealed decision of a court of competent jurisdiction in any unappealed or unappealable decision (after all such statutes of limitation for such appeal have run) in the period for filing an appeal has expired country where the product or (b) pending patent application which patent application has been on file with the application patent office for no more than [ ]* from the earliest date from which the patent application process was filed made, used or claims earliest prioritysold by Licensee or its Affiliates.

Appears in 1 contract

Samples: Exclusive License Agreement (Roughneck Supplies Inc.)

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