Examples of Verenium Patent Rights in a sentence
BP shall have the sole right (except as provided in this Article IV and subject to the terms of the Separation Agreement), but not the obligation, to prepare, file, prosecute and maintain at its cost and expense the patent applications and patents within the Verenium Patent Rights, using patent counsel (including in-house counsel) of BP’s choice.
If either Party learns of any actual or suspected infringement of a claim of the Verenium Patent Rights, such Party shall promptly inform the other Party thereof.
In the event Verenium desires to file and prosecute patent applications and patents within the Verenium Patent Rights and BP does not choose to do so, then BP will prepare and file such patent application at Verenium’s cost and expense.
Xxxxxx XX Xxxx Xxxx, Director Executive Vice President & CLO duly authorized for and on behalf of XOMA Ireland Limited in the presence of: SCHEDULE 1.18 Verenium Know-How* [*] * [*] SCHEDULE 1.19 Verenium Patent Rights -- Patents, Etc.
Without limiting the foregoing, Verenium retains for itself all rights under the Verenium Know-How and Verenium Patent Rights that are not expressly licensed to XOMA under this Section 2.1. Except as specifically set forth in this Agreement, no license or other intellectual property interest is granted, by implication or otherwise, in any information by Verenium under this Agreement or under any patents or patent applications owned or controlled by Verenium.
In no event shall Verenium’s commercialization or sublicensing of any Verenium Rights or any of the Verenium Patent Rights or Verenium Know-How trigger any fees or payment obligations from Verenium to Syngenta.
Subject to the other terms and conditions of this Agreement, Verenium grants to XOMA a world-wide, co-exclusive license under the Verenium Know-How and Verenium Patent Rights to use and practice the GSSM Technologies, on its own behalf and on behalf of any Affiliate, Development Partner or Collaborator, to discover, isolate, optimize, develop or commercialize any Immunoglobulin (including without limitation an Improved Immunoglobulin) or Product in the Field.
Verenium confirms that the Verenium Know-How listed on Schedule 1.18 constitutes all of the most recent materials (excluding generally available laboratory materials) used by it to practice the inventions claimed in the Verenium Patent Rights to discover, isolate, optimize, develop or commercialize Immunoglobulins in the Field.
Syngenta shall have sole discretion with respect to enforcement, defense and settlement of Syngenta Patent Rights and Syngenta Improvement Patent Rights and Verenium shall have sole discretion with respect to enforcement, defense and settlement of Verenium Patent Rights and Verenium Improvement Patent Rights.
Syngenta will then have the right, but not the obligation, to assume responsibility for the prosecution of any such Verenium Patent Rights in the applicable country, at its own expense, by giving notice to the Verenium of such intention within thirty (30) days.