Examples of Joint Improvement Patent in a sentence
The Parties shall determine on a case-by-case basis, in good faith and by mutual agreement, the allocation of the associated costs and expenses in connection therewith, which allocation shall take into account the relative value of the applicable Joint Improvement Patent inside and outside the Field.
Xxxxxx-Xxxx’x right to have its license rights reinstated with respect to any Xxxxx Improvement Patent or Joint Improvement Patent for which a Patent Notice is given, by giving Licensor a Reclamation Notice with respect thereto, will be effective and exercisable only once for each such Patent, and only during the [ * ] following the effective date of the applicable Patent Notice.
If Xxxxxx-Xxxx fails to pay any such reimbursement within the required time, Xxxxxx-Xxxx’x Reclamation Notice with respect to the Xxxxx Improvement Patent or Joint Improvement Patent to which such Reclamation Notice related shall be null and void ab initio, and Xxxxxx-Xxxx shall continue to have no License Rights with respect to such Xxxxx Improvement Patent or Joint Improvement Patent (and the corresponding Xxxxx Improvement or Joint Improvement).
With each Offer Notice, Licensor (subject to reasonable and appropriate agreements restricting use and disclosure thereof) shall provide to Xxxxxx-Xxxx any written or tangible data, results, materials or information relating to such Xxxxx Improvement Patent or Joint Improvement Patent as Licensor provided to the third party making the Bona Fide Offer (“Offer Data”).
Licensor may but will not be obligated to draft, file, prosecute or maintain the Xxxxx Improvement Patent or Joint Improvement Patent with respect to which any Patent Notice is given, or continue actions in reexamination or interference proceedings as to which Xxxxxx-Xxxx has withdrawn its support, as applicable.
Xxxxxx-Xxxx’x right of first offer/refusal with respect to any Xxxxx Improvement or Joint Improvement Patent for which a Patent Notice is given will be effective and exercisable only with respect to Bona Fide Offers to acquire or license such Xxxxx Improvement Patent or Joint Improvement Patent that are received in writing by Licensor during the [ * ] period following the effective date of such Patent Notice.
Xxxxxx-Xxxx’x right to opt out of filing or continuing to support any Xxxxx Improvement Patent or Joint Improvement Patent by giving a Patent Notice with respect thereto will be effective and exercisable only once with respect to any such Patent.
Nothing in this subsection 4.6(f) shall require or be construed as requiring Licensor to disclose to Xxxxxx-Xxxx the identity of (or information that might allow Xxxxxx-Xxxx to realize the identity of) any party offering to acquire or license any Xxxxx Improvement Patent or Joint Improvement Patent.
The filing of any document in any Office with respect to a Xxxxx Improvement Patent or Joint Improvement Patent shall be governed by the provisions of this subsection 4.6(b) and subsections 4.6(c)-4.6(j) below.
All Agenus Improvement Patent Rights and Joint Improvement Patent Rights that are necessary or reasonably useful for the Development, Manufacture or Commercialization of the Licensed Product (the “Licensed Improvement Patent Rights”) shall be included in the Licensed Patent Rights licensed to UroGen hereunder.