Specified Patent definition
Examples of Specified Patent in a sentence
ONYX shall not enter into any settlement of any claim described in this Section 4.3.1 (Specified Patent Rights) that admits to the invalidity or unenforceability of the Specified Patent Rights, incurs any financial liability on the part of ▇▇▇▇▇ or requires an admission of liability, wrongdoing or fault on the part of ▇▇▇▇▇ without ▇▇▇▇▇’▇ prior written consent.
M.I.T. shall give good faith consideration to and effect any comments from COMPANY relating to the PATENT RIGHTS for cases other than the Specified Patent Rights, to the extent feasible, unless M.I.T. determines, in its sole discretion, that the acceptance of such comments would impair the rights of M.I.T. or any other licensee.
The Specified Patent Application contains enabling and best mode disclosures (as such terms are understood under 35 U.S.C. ss.
With respect to any French Intellectual Property, German (national) Patents, Korean Patents and Japanese Patents listed in a Quarterly New IP and Specified Patent Report, each Grantor shall comply with the requirements of Sections 4.3(a)(ii), 4.3(a)(iii)(B) and 4.3(b)(ii) within 30 days of delivery of the applicable Quarterly New IP and Specified Patent Report in order to ensure that the Collateral Agent has, or will have, a valid, perfected, first priority security interest in such Collateral.
If uniQure does not consent, then such uniQure Platform Patent Right or uniQure Manufacturing Specified Patent Right will cease to be a taken into account for the purposes of the calculation of the Royalty Term in Section 8.3.1 (Royalty Payments) and will be deemed to be expired for the purposes of the royalty step-down in Section 8.3.2(a) (Patent Expiration Step-Down).
Buyer is hereby authorized to continue such discussions on its own behalf with GSK, but neither Seller nor Buyer makes any representation or warranty with respect to the likelihood of being able to reach a satisfactory agreement with GSK or any other representation or warranty with respect to the Specified Patent or the underlying technology or intellectual property.
If Buyer fails to enter into such an agreement, Buyer shall have no rights to acquire, license or use the Specified Patent or use the cyclosporine compound.
The Company expects the Specified Patent Application to issue with such claims substantially intact, and, after reasonable search, knows of no reason why such claims should be finally rejected, and no reason why any such claims when issued in one or more U.S. patents would be invalid or unenforceable.
The parties acknowledge that Seller has been engaged in discussions with GlaxoSmithKline plc (“GSK”) to enter into a service agreement for work surrounding the Specified Patent.
In addition, uniQure will provide Partner with drafts of all proposed material filings and correspondence to any patent authority in its respective territory in connection with the Patent Prosecution of the uniQure Platform Patent Rights and uniQure Manufacturing Specified Patent Rights for Partner’s review and comment prior to the submission of such proposed filings and correspondence.