Patent definition
Examples of Patent in a sentence
Company will have the first right to prepare, file, prosecute, abandon, or otherwise handle the Foreground Patent Rights with prior advice and comment from Mayo.
Subject to the terms and conditions of this Agreement, Mayo grants to Company: (a) an exclusive license with the right to sublicense, within the Field and Territory, under the Foreground Patent Rights to make, have made, use, offer for sale, sell, and import Licensed Products; and (b) a nonexclusive license, with the right to sublicense, within the Field and Territory, to use the Know-How to develop, make, have made, use, offer for sale, sell, and import Licensed Products.
To the extent commercially feasible, Company will mark all Licensed Products that are manufactured or sold under this Agreement with the number of each issued patent within the Foreground Patent Rights that cover such Licensed Product(s).
All rights herein are subject to: (a) the rights and obligations to and requirements of the U.S. government, if any have arisen or may arise, regarding the Foreground Patent Rights and Know-How, including as set forth in 35 U.S.C. §§ 200 et seq., 37 C.F.R. Part 401 et seq.
The terms and conditions of this Agreement, as well as all disputes arising under or relating to this Agreement, shall be governed by Minnesota law, specifically excluding its choice-of-law principles, except that the interpretation, validity and enforceability of the Foreground Patent Rights will be governed by the patent laws of the country in which the patent application is pending or issued.