Examples of Chimerix Patent Rights in a sentence
Chimerix shall give Merck, and Merck shall give Chimerix, notice of any infringement of any Chimerix Patent Rights, but only where such infringement relates to claims within the Chimerix Patent Rights which claim or cover the Compounds or Products or their use or manufacture (the “Relevant Chimerix Patent Claims”), that may come to Chimerix’s or Merck’s attention.
Chimerix shall have the first right, but not the obligation, to control the preparation, filing, prosecution and maintenance of Chimerix Patent Rights at Chimerix’s sole expense and by counsel of its choice.
Chimerix shall keep Merck informed of developments in any such action or proceeding involving the Chimerix Patent Rights, including the status of any settlement negotiations and the terms of any offer related thereto.
Chimerix shall promptly give notice to Merck of the grant, lapse, revocation, surrender, invalidation or abandonment of any Chimerix Patent Rights for which Chimerix is responsible for the filing, prosecution and maintenance.
As δ increases and the parallel importer becomes more competitive, service significantly helps the manufacturer to promote the authorized channel and earn higher profit.
The rights of the Parties set forth in Section 7.3.2 shall be subject the rights of UC under the UC License with respect to Chimerix Patent Rights Controlled by Chimerix through the UC License (the “Chimerix/UC Patent Rights”).
Subject to the rights of UC with respect to the Chimerix/UC Patent Rights, as between the Parties, Merck shall have the exclusive right, but not the obligation, to seek, in Chimerix’s name if so required, patent term extensions or supplemental patent protection in any country in the Territory in relation to all Chimerix Patent Rights.
With respect to Chimerix Patent Rights other than Chimerix Patent Rights for Chimerix Collaboration Inventions (which shall be handled pursuant to Section 7.2.2), Chimerix agrees to, and shall, file, prosecute and maintain in the Territory, upon consultation with Merck, all such other Chimerix Patent Rights.
In such case, all of the expenses and costs incurred by Merck to fund such filing and/or continued prosecution and maintenance of such Chimerix Patent Rights shall be fully creditable against royalties due under Section 5.3 of this Agreement.
Chimerix shall, within ten (10) days of learning of such event, inform Merck of any request for, or filing or declaration of, any interference, opposition, invalidation, reissue or reexamination relating to Chimerix Patent Rights.