Examples of Arising Patent Rights in a sentence
Takeda will have the sole right to settle any claim, suit, or action that it brings under this Section 8.4.2 (Infringement Actions) relating to the Arising Patent Rights or Joint Arising Patent Rights (and not any Licensed Patent Rights).
Takeda will have the full and exclusive right and discretion to determine and control all filings of requests for patent term extensions, supplementary protection certificates, or equivalents thereto in any country in the Territory, in each case, where applicable to a Licensed Product (hereinafter “Patent Term Extensions”) for Joint Arising Patent Rights and Arising Patent Rights.
Within 30 days after the Effective Date, the Parties will establish a joint patent committee (the “JPC”) that will monitor and provide strategic oversight of the Prosecution and Maintenance, enforcement, and defense of the Licensed Patent Rights and Joint Arising Patent Rights, subject to Section 8.3.1(b), and facilitate communication between the Parties.
Each Party will promptly report in writing to the other Party any Competitive Infringement by a Third Party, or infringement of Arising Patent Rights or Joint Arising Patent Rights of which such Party (or any of its Affiliates or Sublicensees) becomes aware and will provide the other Party with all available evidence of such infringement in such Party’s control.
Takeda will have the sole right, but not the obligation, to bring an appropriate suit or other action to xxxxx any existing, alleged, or threatened infringement involving the Joint Arising Patent Rights or Arising Patent Rights.