Patent Rights definition
Examples of Patent Rights in a sentence
Such Party will consider in good faith the requests and suggestions of the other Party with respect to such prosecution and maintenance of Royalty Term-Extending Patent Rights.
Except as expressly set forth herein, as between the Parties, each Party is and will remain the owner of all Know-How, Patent Rights, and Confidential Information that it owns or Controls as of the Effective Date or that it develops or acquires thereafter pursuant to the performance of activities independent of this Agreement.
If, during the Term, a Party wishes to include any Third Party Know-How or Patent Rights pertaining to the Development, Manufacture, or Commercialization of any Product or Licensed Product under this Agreement (such subject matter, “New Technology”), as the case may be, then such Party will so notify the other Party in writing; provided that Regeneron will not be required to notify Parabilis of such New Technology if such New Technology is New Licensed Product Technology.
Each Party will cause its Sublicensees and Affiliates, and their respective employees, consultants, agents, or independent contractors to assign to such Party, such person’s or entity’s rights, title, and interests in and to the foregoing, and all Patent Rights or other intellectual property rights therein, as is necessary to enable such Party to fully effect the ownership of the foregoing, as provided in this Agreement.
Regeneron will solely own all rights, title, and interests in and to any and all Regeneron Background Improvements arising under this Agreement, including any Regeneron Background Improvement Patent Rights and the right to pursue the same.