Examples of Licensed Patent Rights in a sentence
Axsome shall keep Licensee advised on the status EAST\200870719.16 of the prosecution and maintenance of all Licensed Patent Rights in the Territory annually and at other times as necessary to comply with its obligations hereunder or as reasonably requested by Licensee.
Subject to Licensee’s rights set forth in Section 5.4.3 below, Axsome, in consultation with Licensee, shall be responsible for filing, prosecuting and maintaining the Licensed Patent Rights throughout the Territory.
As soon as reasonably possible, *** after the Effective Date, OPKO shall *** transfer to Pfizer true, accurate and complete copies of all Licensed Know-How and material documentation related to Licensed Patent Rights, in each case to the extent developed by OPKO on or prior to the Effective Date, by download of digital files to a secure website or e-room designated and controlled by Pfizer.
Each Party will promptly notify the other Party in the event of any legal or administrative action by any Third Party involving any Licensed Patent Rights of which it becomes aware, including any nullity, revocation, interference, reexamination, inter partes review, post grant review or compulsory licensing proceeding.
Axsome shall provide Licensee with a written status update on the Licensed Patent Rights no less than once every year, including any updates to the list in Schedule 1.50.