Definition of ACT Patent Rights


ACT Patent Rights means the patents identified on Schedule A attached hereto, all divisionals, continuations, and continuations-in-part that derive from the identified patent applications and any patents issuing on said applications together with all reissues, reexaminations, extensions and substitutions thereof. ACT Patent Rights as they exist as of the Effective Date are set forth on Schedule A. The Parties agree that Schedule A may from time to time be amended upon the mutual agreement of the Parties after the Effective Date to reflect changes thereto.


ACT Patent Rights means all patents, patent applications and invention disclosures which are owned or controlled by or licensed to Licensors or on file as of the Effective Date and which are related, useful, necessary or required to develop and manufacture cloned, transgenic, non-human animals, excluding avian, and the cells and tissues from such animals, including all patents, patent applications and invention disclosures identified on Schedule A attached hereto and the rights thereunder, and all divisionals, continuations, continuations-in-part, reissues, reexaminations, extensions, substitutions, and foreign counterparts thereof. The parties agree that Schedule A may from time to time be amended after the Effective Date to reflect updates thereto.

ACT Patent Rights means any and all patents and patent applications in the GTC Field, including methods of doing business with respect to the GTC Field, owned or licensed by ACT in which ACT has a licensable interest and which exist as of the Effective Date or which come into existence during the term of this Agreement, together with reissues, extensions (or other governmental acts which effectively extend the period of exclusivity by the patent holder), substitutions, confirmations, registrations, revalidations, additions, continuations, continuations-in-part, divisions, or foreign counterparts of or to the foregoing patent rights. ACT Patent Rights include, without limitation, the patents and patent applications listed on Schedule A-1 attached to this Agreement, which schedule will be revised from time to time after the Effective Date to reflect changes thereto.

Examples of ACT Patent Rights in a sentence

Each party’s Confidential Information specifically includes without limitation the respective party’s information relating to the patent applications included in the ACT Patent Rights and the Infigen Patent Rights, the ACT Products or ACT Services, or the Infigen Products or Infigen Services, as applicable.
Except as expressly provided herein, ACT does not make any representation or warranty as to the validity or scope of the ACT Patent Rights, nor does ACT make any representation or warranty that the exercise of the rights granted to Infigen with respect to the ACT Patent Rights will not infringe the patent or other intellectual property rights of any third party.
In the event a third party desires to pay a non-monetary, or not-easily monetized, consideration in connection with such sublicensing of the ACT Patent Rights, a fair market value must be established for the license by agreement of the parties before rights may be granted.
Within sixty (60) days after receipt of such notice, Infigen shall either (i) fulfill the relevant obligation or (ii) negotiate with ACT a mutually acceptable schedule of revised obligations, failing which ACT shall have the right immediately upon written notice to Infigen to terminate Infigen’s rights as granted under this sublicense with respect to the Infigen Field and the ACT Patent Rights.
Each party shall promptly notify the other in writing of any alleged infringement or misappropriation by third parties of any ACT Patent Rights and provide any information available to that party relating to such alleged infringement or misappropriation.



More definitions of ACT Patent Rights

ACT Patent Rights means the patents and patent applications identified on Schedule A-l attached hereto, all divisionals, continuations, and continuations-in-part that derive from the identified patent applications (including from the patent applications for the identified patents), foreign filings related to the foregoing patents and patent applications, and any patents issuing on said applications together with all reissues, reexaminations, extensions and substitutions thereof. The parties agree that Schedule A-l may from time to time be amended after the Effective Date to reflect changes thereto.


ACT Patent Rights means the patents and patent applications listed in Exhibit A. The Parties acknowledge and agree that Exhibit A may hereafter be amended from time to time to reflect changes to the identification of the ACT Patent Rights.