Common use of Patent Term Restoration Clause in Contracts

Patent Term Restoration. The Parties hereto shall cooperate with each other in obtaining patent term restoration or supplemental protection certificates or their equivalents in any country in the Territory where applicable to Patent Rights. In the event that elections with respect to obtaining such patent term restoration are to be made, each of BIOCHEM and SP shall have the right to make the election and non-selecting Party agrees to abide by such election.

Appears in 2 contracts

Samples: Research and License Agreement (Scriptgen Pharmaceuticals Inc), Research and License Agreement (Scriptgen Pharmaceuticals Inc)

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Patent Term Restoration. The Parties parties hereto shall cooperate with each other in obtaining patent term restoration or supplemental protection certificates or their equivalents in any country in the Territory where applicable to Patent Rights. In the event that elections with respect to obtaining such patent term restoration restoration, supplemental protection certificates or their equivalents are to be made, each of BIOCHEM and SP LICENSEE shall have the right to make the election and non-selecting Party UNIVERSITY agrees to abide by such election.

Appears in 2 contracts

Samples: License Agreement (Pain Therapeutics Inc), License Agreement (Pain Therapeutics Inc)

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Patent Term Restoration. The Parties parties hereto shall cooperate with each other in obtaining patent term restoration or supplemental protection certificates or their equivalents in any country in the Territory where applicable to NEOGENESIS Patent Rights. In the event that elections with respect to obtaining such patent term restoration are to be made, each of BIOCHEM and SP MERCK shall have the right to make the election and non-selecting Party NEOGENESIS agrees to abide by such election. * = CONFIDENTIAL TREATMENT REQUESTED: MATERIAL HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Neogenesis Pharmaceuticals Inc)

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