Patent Expenses definition

Patent Expenses means all reasonable costs (including attorneys’ and application fees) incurred by University in accordance with this Agreement to apply for, prosecute and maintain Licensed Patents, including but not limited to the costs of interferences, oppositions, inter partes review and re-examinations. Patent Expenses include reimbursement for in-house costs provided they are for activities that would otherwise have been performed by outside counsel at an equal or greater expense.
Patent Expenses means (a) all reasonable fees, expenses, and charges of outside patent counsel related to Patent Rights listed in Exhibit A currently or added by amendment at a future date, incurred by UM in connection with the preparation, filing, prosecution, issuance, re-issuance, re-examination, interference, and/or maintenance of applications for patent rights, currently contained or that may be added to Exhibit A; and (b) an administrative fee in the amount of twenty percent (20%) of the amount of future Patent Expenses incurred in the course of activities conducted pursuant to (a), subject to Article 7.

Examples of Patent Expenses in a sentence

  • All Patent Expenses for all patent application(s) for the Project Intellectual Property Rights filed by Recipient shall be borne by the Recipient.

  • Funds remitted by the Centre to the Recipient under the Agreement shall not be used for Patent Expenses.

  • All Patent Expenses for all patent application(s) for the Project Intellectual Property Rights filed by the Centre shall be borne by the Centre.


More Definitions of Patent Expenses

Patent Expenses means all reasonable, out-of-pocket expenses incurred relating to the preparation, filing, prosecution, maintenance or defense of Patent Rights, both past and future. For avoidance of doubt, the salaries and overhead costs of each Party’s technology transfer office or legal affairs office are not included as out-of-pocket expenses for purposes of calculating the Patent Expenses.
Patent Expenses has the meaning set forth in Section 8.3.6.
Patent Expenses means all out-of-pocket expenses, as evidenced by actual invoices that were incurred in searching, preparing, filing, prosecuting, defending, and maintaining INVENTION.
Patent Expenses means all fees, costs and expenses (including, without limitation, the professional fees of US and foreign patent counsel) relating to the filing, prosecution and maintenance of the Licensed Patents. For purposes of clarification, included Patent Expenses are any and all fees, costs, and expenses incurred before or after issuance of the Licensed Patents, including, without limitation, fees, costs, and expenses incurred in association with any reissue or reexamination of a Licensed Patent, any interference or opposition proceeding involving one or more Licensed Patents, or any extension or request for extension of the term of one or more Licensed Patents.
Patent Expenses means all reasonable outside expenses incurred in connection with obtaining patent protection for the Joint Invention, both past and future, including for example, (i) attorneys’ fees payable to the patent attorney who prepares, files and prosecutes patent applications for the Joint Invention, (ii) fees payable to the United States Patent and Trademark Office and to other governmental foreign patent offices, (iii) trans­lation fees, and (iv) costs for prior art searches. For avoidance of doubt, the salaries and costs of each Party’s technology transfer office or legal affairs office are not included as outside costs for purposes of calculating the Patent Expenses.