Patent definition
Examples of Patent in a sentence
The Seller shall use Commercially Reasonable Efforts to ensure that all patent applications in the Patent Rights are diligently prosecuted with the intent to protect the Products and the Product Rights in the Territory.
The patent counsel of each Party will discuss and recommend for which, if any, of the Licensed Patents and Joint Patents in the Territory the Parties should seek any term extensions, supplementary protection certificates, and equivalents thereof offering Patent protection beyond the initial term with respect to any issued Patents (“Patent Term Extensions”) licensed to Haisco hereunder in the Territory.
Unless the Parties agree in writing on an alternative arrangement, all of the costs of the preparation, filing, prosecution and maintenance of Joint Patent Rights in the Territory shall be shared equally by the Parties.
Haisco will have the final decision making authority with respect to applying for any such Patent Term Extensions in the Territory; provided, however, that to the extent any such application for Patent Term Extension must be filed in the name of Starton, Starton hereby grants Haisco the power to file such application on behalf of or as agent for Starton.
The duty of candor and good faith as required by the United States Patent and Trademark Office during the prosecution of the United States patents and patent applications included in the Intellectual Property have been complied with; and in all foreign offices having similar requirements, all such requirements have been complied with.