Common use of Foreign Patent Protection Not Requested by the Licensee Clause in Contracts

Foreign Patent Protection Not Requested by the Licensee. UABRF may elect to undertake Protection Activities with respect to any Licensed Patents in any country or jurisdiction not so designated by the Licensee pursuant to Section 4.1(d) above. In such cases (i) UABRF shall be responsible for all Protection Expenses incurred in connection therewith, and the Licensee shall not be responsible for such expenses, (ii) the Licensed Patents so affected shall no longer be deemed to be licensed to the Licensee and shall be deemed to have been disclaimed by the Licensee (each, a “Disclaimed Licensed Patent”), (iii) the Licensee shall forfeit and shall no longer have any rights or obligations with respect thereto and (iv) Exhibit A shall be amended accordingly to delete the affected Licensed Patents.

Appears in 2 contracts

Samples: Exclusive License Agreement (In8bio, Inc.), Exclusive License Agreement (In8bio, Inc.)

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Foreign Patent Protection Not Requested by the Licensee. UABRF Licensor may elect to undertake Protection Activities with respect to any Licensed Patents in any country or jurisdiction not so designated by the Licensee pursuant to Section 4.1(d) above. In such cases (i) UABRF the Licensor shall be responsible for all Protection Expenses incurred in connection therewith, therewith and the Licensee shall not be responsible for such expenses, (ii) the Licensed Patents so affected shall no longer be deemed to be licensed to the Licensee and shall be deemed to have been disclaimed by the Licensee (each, a “Disclaimed Licensed Patent”)Licensee, (iii) the Licensee shall forfeit and shall no longer have any rights or obligations with respect thereto and (iv) Exhibit A shall be deemed to be amended accordingly to delete the affected Licensed Patents.

Appears in 1 contract

Samples: Assignment and License Agreement (GeoVax Labs, Inc.)

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Foreign Patent Protection Not Requested by the Licensee. UABRF may elect to undertake Protection Activities with respect to any Licensed Patents in any country or jurisdiction not so designated by the Licensee pursuant to Section 4.1(d) above. In such cases (i) UABRF shall be responsible for all Protection Expenses incurred in connection therewith, therewith and the Licensee shall not be responsible for such expenses, expenses and (ii) the Licensed Patents so affected shall no longer be deemed to be licensed to the Licensee in such country or jurisdiction and shall be deemed to have been disclaimed by the Licensee (each, a “Disclaimed Licensed Patent”), (iii) the Licensee shall forfeit and shall no longer have any rights or obligations with respect thereto in such country or jurisdiction and (iv) Exhibit A shall be amended accordingly to delete the affected Licensed PatentsPatents for such country or jurisdiction.

Appears in 1 contract

Samples: Exclusive License Agreement (Altimmune, Inc.)

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