Antibody Sequence Coverage definition
Examples of Antibody Sequence Coverage in a sentence
The Adimab Applications fall under the definition of Antibody Sequence Coverage and Licensed Program Antibody Patents (as each is defined in the Adimab Agreement).
Other than (1) Program Patents that claim Adimab Platform/Core Technology Improvements, (2) Program Patents that claim Broad Target Inventions/Non-CDR Antibody, (3) Antibody Sequence Coverage, and (4) Broad Target Patents, Program Patents (including, for clarity, Program Antibody Patents) shall be owned based on inventorship.
Alector shall solely own, the Broad Target/Non-CDR Antibody Patents, all Program Patents that Cover Broad Target/Non-CDR Antibody Inventions, and from and after the date that Alector exercises the Option for a given Target, the Antibody Sequence Coverage on the Licensed Antibodies to such Target (but, to be clear, Adimab shall own the Antibody Sequence Coverage on the other Program Antibodies to such Target, subject to Section 5.4(b)).
Once the Licensed Antibodies have been identified through such Option Exercise notice, the assignment to Arsanis of the Antibody Sequence Coverage on such Licensed Antibodies shall become effective.
Adimab shall solely own, regardless of inventorship (but subject to Kairos owning Kairos Program Inventions as provided under the definition of Broad Target/Non-CDR Antibody Inventions), all Program Patents that claim Adimab Platform/Core Technology Improvements and, until and unless Kairos exercises the Option for a given Target, Adimab shall own the Antibody Sequence Coverage on all Program Antibodies to such Target.
Adimab hereby grants Alector the exclusive option (each, an “Option”) to obtain the licenses of Section 3.3 and assignment of corresponding Antibody Sequence Coverage for the corresponding Licensed Antibodies, exercisable in relation to each Research Program (including each Optimization Research Program) by Alector in its sole discretion upon written notice to Adimab on or before the expiry of the Option Term for such Research Program.
Adimab shall solely own, regardless of inventorship, all Program Patents that claim Adimab Platform/Core Technology Improvements and, until and unless Arsanis exercises the Option for a given Target, the Antibody Sequence Coverage on all Program Antibodies to such Target {provided, however, that Arsanis shall not practice the Antibody Sequence Coverage in activities that are outside the scope of the license to Arsanis in Section 3.3).
Other than (a) Program Patents that claim Adimab Platform/Core Technology Improvements, (b) Antibody Sequence Coverage, and (c) Epitope Patents, Program Patents shall be owned based on inventorship.
Adimab hereby grants Arsanis the exclusive option to obtain the licenses of Section 3.3 and assignment of corresponding Antibody Sequence Coverage for the corresponding Licensed Antibodies, exercisable in relation to each Target by Arsanis in its sole discretion upon written notice to Adimab on or before the expiry of the Option Term for such Target.
Subject to such Option exercise by Alector on the terms provided herein, Adimab hereby assigns the Antibody Sequence Coverage with respect to Licensed Antibodies to Alector, which assignment shall occur automatically without any further action required by either Party or any of their respective Affiliates.