Intellectual Property Costs. Contractor shall pay all royalties and license fees arising from the Work, and shall indemnify, defend, and hold harmless Owner from all intellectual property infringement claims arising from or pertaining to the Work, except for those claims concerning a particular design, process, or product selected by Owner Parties or required by the Contract Documents; provided, however, if Contractor has reason to believe that a design, process, or product infringes an intellectual property right, and fails to timely notify Owner Parties, Contractor shall be responsible for the same.
Intellectual Property Costs. As provided in Section 5.1, ISB will reimburse Lifecore for reasonable and documented out-of-pocket costs for maintaining and prosecuting the Sublicensed Patents and the Licensed Trademark after the Effective Date.
Intellectual Property Costs. Unless otherwise provided for in this Agreement:
Intellectual Property Costs. Licensee agrees, within thirty (30) days following date of invoice from University, to reimburse University for all Intellectual Property Costs as set forth in this Article 3.5. Further, Licensee also agrees to the payment terms for preparation and filing foreign patent applications as set forth in Article 5.3. All Intellectual Property Costs invoiced to University prior to the Effective Date (“Prior Intellectual Property Costs”) shall be reimbursed by Licensee following the Effective Date. All Intellectual Property Costs invoiced to University on and after the Effective Date (“Ongoing Intellectual Property Costs”) shall be reimbursed by Licensee as Ongoing Intellectual Property Costs are incurred.
Intellectual Property Costs. Tauriga agrees to cover the prosecution and related costs of the Intellectual Property acquired from the Sellers in the Merger for the period immediately following the consummation of the Merger until such time that Tauriga no longer owns such Intellectual Property.”
Intellectual Property Costs. Licensee shall be responsible for all expenses related to review, preparation, prosecution, and maintenance of all intellectual property rights. All costs carried on the books of MAGFAST shall be deemed a MAGFAST expense and all costs, debts and obligations associated therewith shall be assumed by Licensee.
