Patent Prosecution Expenses definition

Patent Prosecution Expenses means all documented out-of-pocket expenses incurred by Institution One for the preparation, filing, prosecution, maintenance, defense and enforcement of Patent Rights.
Patent Prosecution Expenses means all out-of-pocket expenses incurred by CMCC for the preparation, filing, prosecution, maintenance, and defense or enforcement of Patent Rights, as well as any patent expenses incurred by MIT for the prosecution of Patent Rights prior to the Effective Date of this agreement.
Patent Prosecution Expenses means all out-of-pocket expenses for the preparation, filing, prosecution, maintenance, and defence or enforcement of the PATENTS. “INVENTION” shall mean the invention described in the PATENTS. “INVENTORS” shall mean the inventors named in the PATENTS. “KNOW-HOW” shall mean, and be limited to, KFUPM proprietary and unpatented technical information which has been created, developed by INVENTORS on or before the EFFECTIVE DATE, which is directly related to the use of, or desirable for the practice of, the PATENTS. The principal components of the KNOW-HOW is set out in APPENDIX C hereto or may be added and/or amended to APPENDIX C at a later date, if needed for the completion of the testing, in accordance with the provisions of this AGREEMENT and by mutual written agreement of the PARTIES. “LICENSE” shall mean the license under the PATENTS and KNOW-HOW to develop, manufacture, have manufactured, use, offer for sale and have sold any product or service in the TERRITORY and in the FIELD (as set out in APPENDIX B). “NON-COMMERCIAL USE” shall mean academic, teaching and research purposes including sponsored research and collaborations with commercial partners. “OPTION” shall have the meaning set out in Clause 4.1. “OPTION PERIOD” shall mean the period beginning on EFFECTIVE DATE and ending XXXXX calendar days from EFFECTIVE DATE. “TECHNOLOGY” shall mean: a) The INVENTION; b) CONFIDENTIAL INFORMATION or KNOW-HOW provided to the OPTION HOLDER by KFUPM that are concerned with or relate to the INVENTION or the practice of the INVENTION.

Examples of Patent Prosecution Expenses in a sentence

  • Institution Two shall be reimbursed for its Patent Prosecution Expenses from Revenue from such licenses unless reimbursed by the licensee.

  • The term “Licensing Revenue” herein means any financial return received in the form of cash by KFUPM from licensing or optioning KFUPM owned IP (see Section 1.3), including but not limited to license issue and maintenance fees, equity (upon liquidation), minimum royalties, earned royalties, milestone payments and the like, but shall not include payments received for reimbursement of Patent Prosecution Expenses or funds received for research support.

  • Alternatively, the Parties may agree to have patent counsel invoice each institution directly for its share of Patent Prosecution Expenses.

  • Any license agreement will include, among other things, the following terms: reimbursement of Patent Prosecution Expenses by the licensee (in the case of an exclusive license), diligence terms (at a minimum, in the case of an exclusive license), indemnification of the Parties by the licensee, a disclaimer of warranties on the part of the Parties, a limitation of the Parties’ liability and a prohibition against the use of the names or insignia of the Parties without the consent of the Parties.

  • Gains and losses on any intra-group transactions are eliminated in full.

  • Institution Two shall notify Institution One of any errors or discrepancies in the Patent Prosecution Expenses within sixty (60) days of the invoice date.

  • Each Party shall remain responsible for its portion of Patent Prosecution Expenses incurred prior to the effective date of termination.

  • If total Patent Prosecution Expenses incurred by Institution One prior to notification of Institution Two that it is/will be a co-owner of Patent Rights exceed $20,000, Institution Two may decline to pay its share of the excess and Institution One will then reimburse itself from Revenue if such excess is not reimbursed by a licensee.

  • The filing Party shall be reimbursed for its Patent Prosecution Expenses from Revenue unless reimbursed by the licensee.

  • INSTITUTION shall keep complete and accurate records of all Patent Prosecution Expenses and of all Revenues and shall permit UNIVERSITY to engage a certified public accountant, reasonably acceptable to INSTITUTION, to examine its records (at a time and place mutually agreeable to UNIVERSITY and INSTITUTION and no more than once per year) in order to verify the payments due each of the them under this AGREEMENT.

Related to Patent Prosecution Expenses

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • 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 Prosecution means the responsibility and authority for (a) preparing, filing and prosecuting applications (of all types) for any Patent, (b) paying, filing and maintenance fees relating to any Patent, (c) managing any interference, opposition, re-issue, reexamination, revocation, nullification, or cancellation proceeding relating to the foregoing, (d) deciding to abandon Patent(s) and (e) settling any interference, opposition, revocation, nullification or cancellation proceeding.

  • Litigation Expense means any expenses reasonably incurred in connection with investigating, defending or asserting any claim, action, suit or proceeding incident to any matter indemnified against under this Agreement, including, without limitation, court filing fees, court costs, arbitration fees or costs, witness fees, and fees and disbursements of legal counsel, investigators, expert witnesses, accountants and other professionals.

  • Patent Costs means the reasonable, documented, out-of-pocket costs and expenses paid to outside legal counsel, and filing and maintenance expenses, [***] in Prosecuting and Maintaining Patents.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Prosecution and Maintenance means, with regard to a particular Patent, the preparation, filing, prosecution and maintenance of such Patent, as well as re-examinations, reissues and the like with respect to that Patent, together with the conduct of interferences, the defense of oppositions and other similar proceedings with respect to that Patent.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Joint Patents means all Patents claiming Joint Inventions.

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Commercialization Costs means the sum of the following costs and expenses incurred by the Parties or their respective Affiliates, in Commercializing the Shared Products (and related Manufacturing activities) in the Territory, in each case, to the extent incurred in accordance with the Commercialization Plan and Commercialization Budget:

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Joint Patent Rights means all Patent Rights claiming a Joint Invention.

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Distribution Expenses means the reasonable costs, excluding overhead, incurred by ZIOPHARM that are directly and reasonably allocable to the distribution of a ZIOPHARM Product with respect to a particular country where such ZIOPHARM Product has been launched, excluding any costs included as a deduction in calculating Net Sales.

  • Registration Expenses means the out-of-pocket expenses of a Registration, including, without limitation, the following:

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Collaboration Patents means any and all Patents that claim or cover any of the Collaboration Know-How.

  • Prosecution or “Prosecute” means the filing, preparation, prosecution and maintenance of Patents, including any and all pre-grant proceedings before any patent authority, such as interferences.

  • Joint Patent means a Patent that claims a Joint Invention.

  • Collaboration Patent Rights means Patent Rights claiming Collaboration Know-How.