Examples of Prosecution in a sentence
In the event that Xxxxx desires to abandon or cease Prosecution of any Licensed Patent (subject to Section 9.9 (Patents Licensed From Upstream Licensors)) or Joint Patent in the Territory, Xxxxx shall provide at least [***] notice before any relevant deadline written notice to Everest of such intention to abandon.
The assumption of Prosecution by Everest shall not change the ownership of such Joint Patents.
Subject to this Section 9.2 (Prosecution and Maintenance), Xxxxx shall be responsible and shall have the first right, to control the preparation, filing, prosecution (including any interferences, reissue proceedings and reexaminations) and maintenance (“Prosecution”) of the Licensed Patents and the Joint Patents in the Territory at its discretion.
Everest shall promptly notify Xxxxx if it generates any Foreground IP with a written disclosure of the Invention, and will reasonably assist Xxxxx with Prosecution activities relating to any Xxxxx Foreground IP or Joint IP.
In such case, Everest shall, upon written election within [***] after such notice from Xxxxx, have a step-in right to assume, at its discretion and at its sole expense, responsibility for Prosecution of such Licensed Patent or such Joint Patent in the Territory.