Common use of Patent Term Extensions Clause in Contracts

Patent Term Extensions. The Parties shall cooperate with each other in gaining patent term extension where applicable to an Alliance Product. The Joint Steering Committee shall determine which patents relating to a particular Alliance Product the Parties shall endeavor to have extended. All filings for such extension will be made by the Party to whom the patent is assigned after consultation with the other Party. In the event the Joint Steering Committee can not agree, the Party Commercializing the Theravance Compound will make the decision.

Appears in 6 contracts

Samples: Theravance Strategic Alliance Agreement Amendment, Governance Agreement (Theravance Inc), Theravance Strategic Alliance Agreement (Theravance Inc)

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Patent Term Extensions. The Parties shall cooperate with each other in gaining patent term extension where applicable to an Alliance ProductCollaboration Products. The Joint Steering Committee shall determine which patents relating to a particular Alliance Product the Parties shall endeavor to have extended. All filings for such extension will be made by the Party to whom the patent is assigned after consultation with the other Party. In the event the Joint Steering Committee can not agree, the Party Commercializing who is assigned the Theravance Compound compound patent covering the LABA in the Collaboration Product will make the decision.

Appears in 4 contracts

Samples: Collaboration Agreement (Theravance Inc), Collaboration Agreement (Theravance Inc), Preferred Stock Purchase Agreement (Theravance Inc)

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