Examples of TKT Patent Rights in a sentence
Also, poor bankruptcy laws in these countries encourage banks not to pursue efficient screening procedures.
TKT represents and warrants that as of the Effective Date, it possesses the exclusive right, title and interest in and to the TKT Technology owned by TKT and the TKT Patent Rights and that it has the full legal right and power to: (i) enter into the obligations set forth in this Agreement; and (ii) grant the rights and licenses set forth in Article 3.
For so long as any of the license grants set forth in Article 3 remain in effect, TKT agrees to file and prosecute patent applications and maintain the patents covering the TKT Patent Rights and, to the extent applicable, for the registration or other protection of the TKT Technology, in all countries in the MMD Territory in which MMD customarily files for products of similar interest.
MMD shall have the right to grant sublicenses under the TKT Patent Rights and the TKT Technology license granted by TKT to MMD under subsection 3.1.1 to Affiliates of MMD and, with the written consent of TKT, which shall not be unreasonably withheld, to entities which are not Affiliates of MMD.
MMD will not settle any suit involving the TKT Patent Rights or TKT Technology in a manner that would compromise any rights of TKT without obtaining the prior written consent of TKT.
Notwithstanding the foregoing, MMD shall not be precluded from contesting the validity or enforceability of the TKT Patent Rights or TKT Technology.
TKT represents and warrants that MMD is the exclusive licensee of the TKT Technology owned by TKT and the TKT Patent Rights with respect to the manufacture, use or sale of GA-EPO in the MMD Territory.
MMD shall promptly provide TKT with copies of its United States marketing plans for * covered by the TKT Patent Rights or which uses the TKT Technology, and shall provided TKT with copies of its marketing plans for other countries upon the reasonable request of TKT.
TKT hereby grants to MMD a worldwide, perpetual, and exclusive and, except as provided below, fully paid-up and royalty-free right and license under Manufacturing Know-How owned or controlled by, or licensed (subject to the provisions of this subsection 3.1.3, with the right to sublicense) to, TKT to make or have made * covered by the TKT Patent Rights or which uses the TKT Technology.
If at any time legal restrictions prevent the prompt remittance of part or all royalties with respect to any country of the MMD Territory where * covered by the TKT Patent Rights or which uses the TKT Technology is sold, payment shall be made through such lawful means or methods as MMD may determine.