Invention definition
Examples of Invention in a sentence
Each Party shall promptly notify the other Party in writing of any actual or threatened infringement, misappropriation or other violation by a third party of any Licensed Subject Matter, LICENSEE-Prosecuted Patents, LICENSEE Invention, or, if applicable, Released Patents of which it becomes aware.
LICENSEE shall keep LICENSOR reasonably informed with respect to the progress of any LICENSEE Invention Enforcement Action instituted by LICENSOR pursuant to this Section 5.7(a) LICENSEE shall give LICENSOR timely notice of any proposed settlement of any LICENSEE Invention Enforcement Action instituted by LICENSEE and shall not, without the prior written consent of LICENSOR, enter into any settlement that would give rise to liability of LICENSOR, its Affiliates or their sublicensees.
LICENSEE shall have the sole right (but not the obligation), at its own expense to control enforcement of or any declaratory judgment action with respect to the Licensee Invention (“LICENSEE Invention Enforcement Action”).
For clarity, LICENSOR does not have the right to practice, disclose, or exploit LICENSEE Invention if such practice, disclosure or exploitation would be a breach of any other term of this Agreement.
LICENSOR, upon LICENSEE’s request shall promptly execute documents and perform such acts, at LICENSEE’s expense, as may be reasonably necessary to permit LICENSEE to file/register, prosecute, and maintain any application for protection of the Intellectual Property Rights and to otherwise effectuate ownership of LICENSEE Invention.