Common use of ABANDONMENT; FAILURE TO PAY Clause in Contracts

ABANDONMENT; FAILURE TO PAY. Metasyn agrees that it will not abandon the prosecution of any patent applications included within the Metasyn Patent Rights nor shall it fall to make any payment or fail to take any other action necessary to maintain a patent under the Metasyn Patent Rights.

Appears in 3 contracts

Samples: Strategic Collaboration Agreement (Epix Medical Inc), Strategic Collaboration Agreement (Epix Medical Inc), Strategic Collaboration Agreement (Epix Medical Inc)

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ABANDONMENT; FAILURE TO PAY. Metasyn agrees that it will not abandon the prosecution of any patent applications included within the Metasyn Patent Rights nor shall it fall fail to make any payment or fail to take any other action necessary to maintain a patent *Confidential information omitted and filed with the Commission. under the Metasyn Patent RightsRights unless it has notified DRL in sufficient time for DRL to assume such prosecution or make such payment.

Appears in 2 contracts

Samples: Development and License Agreement (Epix Medical Inc), Development and License Agreement (Epix Medical Inc)

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