Patent Coverage Sample Clauses

Patent Coverage. For each Licensed Product covered by a Valid Claim in any country in the Territory in which it is sold, sanofi-aventis shall pay ImmunoGen a royalty based on Annual Net Sales of such Licensed Product in each Calendar Year (or partial Calendar Year) commencing with the First Commercial Sale of such Licensed Product in such country and ending upon the expiration of the Royalty Term for such Licensed Product, at the following rates: Up to and including $[***] [***] [***] % Above $[***] [***] and up to and including $[***] [***] [***] % Above $[***] [***] [***] %

Patent Coverage. If, during the Royalty Term for a Product, there does not exist in a given country [***] for so long as there are no such [***], such Product in such country at the time of the applicable Product sale.

Patent Coverage. No fees will be payable under this agreement unless there is a transaction for the commercial disposition of a product covered by one or more unexpired, valid and enforceable Licensed Patents issued in the jurisdiction in which the transaction occurs; provided that, except for the U.S. patents specifically listed in the Recitals to this Agreement, SCM must receive, in advance of the accrual of fees hereunder, unequivocal and unambiguous written notice from MIPS of the issuance of such Licensed Patents. For purposes of the preceding sentence, a transaction will be deemed to occur in the jurisdiction in which physical possession of such product is received by the recipient in such transaction (e.g., a purchaser or lessee). * CERTAIN CONFIDENTIAL INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

Patent Coverage. When this Purchase Agreement covers engineering and/or designing of devices or methods or systems to ▇▇▇▇▇'s instructions or requirements, Seller agrees, by accepting this Purchase Agreement, that all designs and inventions made in the performance of the work done pursuant to this Purchase Agreement shall promptly be disclosed to and become the sole property of Buyer, and further agrees with respect to said designs and inventions, but without cost or expense to Seller, to execute, or obtain the execution of such papers, including patent applications and assignments, and to perform such acts as may be necessary to perfect ownership thereof in Buyer. Seller waives all claims against Buyer and its customers for liability with respect to rights, patent or otherwise, which Seller may have or obtain, by reason of any use which may be made of the designs, machines and processes furnished or developed hereunder.