Patent Protection definition

Patent Protection means, in the country of sale in the Allergan Territory, that at least one of the claims of an issued and unexpired patent included within the Licensed Intellectual Property which would be infringed by the sale of the Royalty-Bearing Product in that country is in effect, and has not been revoked or held unenforceable or invalid by a final decision of a court or other governmental agency of competent jurisdiction having authority over said patent and that final decision is not appealed or unappealable (all claims are considered valid until so adjudicated and during prosecution of a patent application containing such claims) and is sufficient to prevent a Generic Product from being sold in such country. “Regulatory Exclusivity” means market exclusivity granted by a Governmental Authority designed to prevent the entry of Generic Product(s) onto the market in the Field of Use, including new chemical entity exclusivity, new use or indication exclusivity, new formulation exclusivity, orphan drug exclusivity, pediatric exclusivity and 180-day generic product exclusivity. The foregoing shall not apply for sales in the Co-Promotion Region as long as the Co-Promotion Agreement is in effect.

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Patent Protection shall have the meaning set forth in Section 7.1.2.

Patent Protection means any patent held in a respective country that prevents others from marketing the Product.

Examples of Patent Protection in a sentence

• Notwithstanding the foregoing royalty rates, LICENSEE will pay LICENSOR a reduced royalty that is [*****] of the stated rates for Net Sales in any country that are made after the End of Patent Protection but before the End of Regulatory Protection.

• In consideration of the grant of rights under Article 2 of this Agreement, LICENSEE will pay LICENSOR a royalty as a percentage of Net Sales generated by Licensee and/or its Affiliates in the Territory from the Commercial sale of Licensed Product in each calendar year during the Term until the End of Patent Protection, as follows: ● [*****]; ● [*****]; and ● [*****].

• If the Lead Party anticipates extraordinary expenses arising from the Patent Protection Process, then the Lead Party will provide the non-lead party with full details and together the parties will determine a mutually acceptable course of action prior to incurring such expenditures.

• In the issues not regulated in the Agreement the Parties shall consider the provisions of Hungarian law, thus particularly those of the Patent Act (Act XXXIII of 1995 on the Patent Protection of Inventions) and the Civil Code, to be compulsory for themselves.

• The non-lead party shall provide all reasonable cooperation and assistance in connection with the Patent Protection Process.

• Canada, Term of Patent Protection, Report of the Appellate Body, AB-2000-7 WT/DS170/AB/R, 18 Sept.

• The Inventors created an invention to be presumably qualified as patentable by ▇▇▇▇▇ & Partners Patent and Trademark Office (Budapest District XII, Mártonhegyi út 31.) on the basis of Act XXXIII of 1995 on the Patent Protection of Inventions (hereinafter: Patent Act) (referred to hereinafter as Invention); · The Legal Successor is dealing in the utilisation of inventions and patents, · Vidatech is the fully owned subsidiary (registered in the Republic of Hungary) of Power of the Dream Ventures, Inc.

• Except as set forth in Section 7.3(a)(iii) below, each party shall pay fifty percent (50%) of all expenses incurred hereafter pursuant to the Patent Protection Process (“Patent Expenses”) according to the following procedure.

• The Inventor created an invention (hereinafter: Invention) to be presumably qualified as patentable by Pintz and Partners Patent and Trademark Office (Budapest, District XII, Mártonhegyi út 31.) on the basis of Act XXXIII of 1995 on the Patent Protection of Inventions (hereinafter: Patent Act); · The Legal Successor is dealing in the exploitation of inventions and patents, · Vidatech is the fully owned subsidiary (registered in the Republic of Hungary) of Power of the Dream Ventures, Inc.

• Patent Protection On December 18, 1996, the Company filed patent applications in the United States and Canada based on provisional priority under preliminary patent applications filed on December 19, 1995.

More Definitions of Patent Protection

Patent Protection. With respect to all Goods delivered under this Agreement and related processes or procedures, except Goods manufactured pursuant to detail designs developed and furnished by Applied Systems Engineering, Inc., Seller shall obtain for Applied Systems Engineering, Inc. the right to use any patented Goods, any to follow related patented processes or procedures, without cost to Applied Systems Engineering, Inc. and shall indemnify, defend and save owners and their agents, employees, officers, and directors harmless from and against all claims, suits, loss, damage and expenses, including attorney’s fees, on account of infringement or alleged infringement of any United States or foreign patent, arising out of the manufacture, sale or use of such Goods by Seller, the owners or any of their agents or employees.

Patent Protection means the preparing and filing of a Patent Application in a country.

Patent Protection means that (i) the Product is covered by a Valid Claim of Patent Rights in the country where sold or (ii) patents are not available in such country and there is no significant competition for Product from the same product sold by a competitor in the same country. "No Patent Protection" shall mean that (i) the Product is not covered by a Valid Claim of Patent Rights in the country where sold or (ii) patents are not available in such country and there is significant competition for Product from the same product sold by a competitor in the same country. If a Product is subsequently covered by a Valid Claim of Patent Rights, from that point on, RBS shall pay royalties as a patented Product.

Patent Protection means that an invention cannot be commercially made, used, distributed or sold without the patent owner’s consent. These rights are enforceable in a court of law which holds the authority to stop patent infringement.

Patent Protection has the meaning as set forth in Article 10.3(b). [***] [***] [Redacted.]