Common use of Product Patent Rights Clause in Contracts

Product Patent Rights. Subject to Section 8.3.6 and Section 2.4.4.2(b), Merck will have the sole right and authority, but not the obligation, to prepare, file, prosecute and maintain the Product Patent Rights covering or claiming such Licensed Product on a worldwide basis and to be responsible for any related interference, re-issuance, re-examination and opposition proceedings, in each case, at Merck’s sole expense.

Appears in 4 contracts

Samples: Schedules and Exhibits (Mersana Therapeutics, Inc.), License Agreement, License Agreement (Mersana Therapeutics, Inc.)

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