Filing and Maintenance. 5.1 The Licensee will pay OUI the Past Patent Costs [representing the Licensee’s sole contribution to the patent costs incurred by OUI prior to the parties entering into this agreement,] within thirty (30) days of receiving an invoice from OUI 5.2 OUI will, in consultation with the Licensee and at the Licensee’s cost, prosecute, use all reasonable endeavours to maintain, and renew the Application throughout the duration of this agreement. OUI will give all reasonable consideration to the views of the Licensee and will not unreasonably refuse to prosecute, maintain or renew Applications provided always that the Licensee agrees to bear the costs of such action according to this clause
Appears in 2 contracts
Samples: Licensing Agreement, Licensing Agreement
Filing and Maintenance. 5.1 The Licensee will pay OUI OUI, the Past Patent Costs [representing the Licensee’s sole contribution to the patent costs incurred by OUI prior to the parties entering into this agreement,] within thirty (3060) days of receiving an invoice from OUI.
5.2 OUI will, in consultation with the Licensee and at the Licensee’s cost, prosecute, use all reasonable endeavours to maintain, and renew the Application Applications in the Territory (including any patent applications filed for an Inventor Improvement) throughout the duration of this agreement. OUI will give all reasonable consideration to the views of the Licensee and will not unreasonably refuse to prosecute, maintain or renew the Applications provided always that the Licensee agrees to bear the costs of such action according to in accordance with this clauseclause 5.
Appears in 2 contracts
Samples: Licensing Agreement (CarbonMeta Technologies, Inc.), License Agreement (CarbonMeta Technologies, Inc.)