Common use of No Assurance of Patents Clause in Contracts

No Assurance of Patents. MAS represents and warrants to CTI that, and CTI represents and warrants to MAS that it understands that, there is no assurance that any patents included in the Patent Rights or any patent applications subsequently filed on the Licensed Technology will actually be issued. In the event that any claim within the Patent Rights is disallowed in a final rejection by the United States Patent Office, then the provisions of Section 2.2 relating to such claim will be effectively deleted from this Agreement. However, in respect to Section 2.2, there shall be no retroactive adjustment.

Appears in 4 contracts

Samples: Technology Transfer Agreement (Ciphergen Biosystems Inc), Technology Transfer Agreement (Ciphergen Biosystems Inc), Technology Transfer Agreement (Ciphergen Biosystems Inc)

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