IP Costs definition
Examples of IP Costs in a sentence
Licensee shall also be liable for pre-paid IP Costs incurred prior to the Effective Date of this Agreement, including the costs of provisional and non-provisional applications that are filed to preserve Intellectual Property.
Licensee shall reimburse Owner for all IP Costs incurred on behalf of Licensee.
Any negative Product Profit that results from Excess Product Liability Costs, and Third Party Blocking IP Costs (as defined in Exhibit A) may be carried forward to future quarters and offset against positive Product Profit in such future quarters for the same ZIOPHARM Product.
Any monetary damages, court-ordered third party costs, settlements, royalties or other recovery received from any Third Party resulting from, arising out of or relating to any Competing Product Enforcement Action or Enforcement Action for Competing Infringing Activities shall be distributed to the Parties on a pro rata basis based upon the IP Costs paid by each Party in connection with such Enforcement Action.
For the avoidance of doubt, no cost or expense will be counted more than once in calculating Manufacturing Costs, Commercialization Costs, or U.S. [***] Shared IP Costs, even if such cost or expense falls into more than one of the cost categories that comprise such costs.
Licensee shall reimburse such Past IP Costs within thirty (30) days of receipt of an invoice by Inserm Transfert for a maximum of **** As of the Effective Date, Licensee shall be in charge of all IP Costs, in France and abroad, and Inserm Transfert shall instruct the patent agent(s) in charge of the Patent Rights or the company in charge of managing annual maintenance fees for the Patent Rights, to directly invoice Licensee for said IP Costs.
Licensee reimburses all IP Costs incurred by the Co-Owners and/or Inserm Transfert prior to the Effective Date (the “Past IP Costs”), which reimbursement is demandable and due as at the Effective Date.
All costs related to the same shall be deemed Regulatory and IP Costs.
Such IP Costs shall include but not be limited to the costs of preparing, filing, prosecuting (including agreed upon interferences or oppositions), issuing or maintaining and working such Crosswalk Intellectual Property Rights, including without limitation the Crosswalk Patent Rights and Crosswalk Copyrightable Works.
Inserm Transfert shall provide a summary statement of the Past IP Costs within two (2) months from the Effective Date, together with justifying documentation related thereto.