Common use of Patent Term Clause in Contracts

Patent Term. The Licensee shall apply for an extension of the term of any patent included within Regents’ Patent Rights if appropriate under the Drug Price Competition and Patent Term Restoration Act of 1984 and/or European, Japanese and other foreign counterparts of this Law. The Licensee shall prepare all documents, and The Regents agrees to execute the documents and to take additional action as the Licensee reasonably requests in connection therewith.

Appears in 2 contracts

Samples: License Agreement (Decibel Therapeutics, Inc.), License Agreement (Decibel Therapeutics, Inc.)

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Patent Term. The Licensee shall apply for an extension of the term of any patent included within Regents’ Patent Rights if the Licensee determines doing so is appropriate under the Drug Price Competition and Patent Term Restoration Act of 1984 and/or European, Japanese and other foreign counterparts of this Law. The Licensee shall prepare all documents, and The Regents agrees to execute the documents and to take additional action as the Licensee reasonably requests in connection therewith.

Appears in 2 contracts

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

Patent Term. The Licensee shall apply for an extension of the term of any patent included within Regents' Patent Rights if appropriate under the Drug Price Competition and Patent Term Restoration Act of 1984 and/or European, Japanese and other foreign counterparts of this Law. The Licensee shall prepare all documents, and The Regents agrees to execute the documents and to take additional action as the Licensee reasonably requests in connection therewith.

Appears in 1 contract

Samples: Exclusive License Agreement (Accurexa Inc.)

Patent Term. The Licensee shall may apply for an extension of the term of any patent included within Regents’ Patent Rights if appropriate under the Drug Price Competition and Patent Term Restoration Act of 1984 and/or European, Japanese and other foreign counterparts of this Law. The Licensee If the Licensee, at its commercially-reasonable discretion, elects to file for such an extension, it shall prepare all documents, and The Regents agrees to execute the documents and to take additional action as the Licensee reasonably requests in connection therewith.

Appears in 1 contract

Samples: Exclusive License Agreement (BridgeBio Pharma LLC)

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Patent Term. The Licensee shall may, in its discretion, apply for an extension of the term of any patent included within Regents’ the Patent Rights if appropriate under the Drug Price Competition and Patent Term Restoration Act of 1984 and/or European, Japanese and other foreign counterparts of this Law. The Licensee [***] shall prepare all documents, and The Regents [***] agrees to execute the documents and to take additional action as the Licensee [***] reasonably requests in connection therewith.

Appears in 1 contract

Samples: Exclusive License Agreement (Sana Biotechnology, Inc.)

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