Codex Patent Right definition

Codex Patent Right means any (a) Codex Sole Research Plan Patent Right and Codex’s interest in any Joint Research Plan Patent Rights and (b) any other Patent Right that (i) is Controlled by Codex or any of its Affiliates as of the Effective Date (including the Codex Patent Rights listed in Exhibit A) or (ii) that comes into the Control of Codex or any of its Affiliates during the Term (other than through the grant of a license by Pfizer) and, in each case ((i) and (ii)), claims or discloses any invention included in any Codex Know-How. 1.1.13. “Codex Sole Research Plan Know-How” means any Research Plan Know- How that is invented solely by or on behalf of Codex or its Affiliates in the course of performing activities under the Research Plan; provided that Codex Sole Research Plan Know-How excludes the Output Materials Know-How and Pfizer Material Improvements. 1.1.14. “Codex Sole Research Plan Patent Right” means any Patent Right that claims or discloses any invention included in any Codex Sole Research Plan Know-How. 1.1.15. “Codex Technology” means any Codex Know-How and Codex Patent Rights. 1.1.16. “Codex Third Party Agreement” means any agreement between Codex (or any of its Affiliates) and any Third Party (such Third Party, a “Third Party Licensor”) pursuant to which Codex or any of its Affiliates obtains Control of any of the Codex Technology. 1.1.17. “Commercialize” or “Commercializing” means, with respect to a compound or product, to (a) market, promote, distribute, offer for sale, sell, have sold, import, have imported, export, have exported or otherwise commercialize such a compound or product and (b) conduct discovery, pre-clinical, research, or other Development activities with respect to a compound or product after such compound or product has received Regulatory Approval. When used as a noun, “Commercialization” means any and all activities involved in Commercializing.

Examples of Codex Patent Right in a sentence

  • Codex shall have the sole right, but no obligation, to take action to obtain a discontinuance of infringement or bring suit against a Third Party infringing or challenging the validity or enforceability of any Codex Patent Right other than a Joint Research Plan Patent Right.