Examples of Patent Assets in a sentence
The terms of the Patent Exclusive License and Sublicense Agreements, including the license fee, sublicense fee and other expenses, were determined upon arm’s length negotiation between the Sublicensor and the Sublicensee with reference to (i) appraisal value of the Patent Assets; and (ii) prevailing market prices of the same category of patent in the PRC.
Virulizin and Small Molecule Patent Assets Transfer Agreement dated July 10, 2007 between Old Lorus and GeneSense under which Old Lorus transferred Virulizin and Small Molecule Patent Assets to GeneSense in consideration for the issuance by GeneSense of one common share of GeneSense.
Apparently, until that time, ownership of the Patent Assets remains with SyncPoint.
The Debtor and PixArt entered into the License Agreement in June 2008 pursuant to which the Debtor granted to PixArt “a personal nonexclusive, nontransferable, limited license” to the Patent Assets, including the 214 Patent.
Control of and decisions concerning the Patent Case and all other matters concerning the realization of value from the Patent Assets would be the sole purview of SyncPoint but SyncPoint would be required to provide a written report to the Trustee concerning any material event in the Patent Case, or otherwise concerning the Patent Assets, and whenever requested by the Trustee.