Common use of Small Entity Designation Clause in Contracts

Small Entity Designation. If Licensee, any Sublicensee and/or any holder of an option to obtain a Sublicense does not qualify, or at any point during the term of this Agreement ceases to qualify, as a “small entity” as provided by the United States Patent and Trademark Office (USPTO), Licensee immediately shall so notify the USPTO (with respect to Licensed Patent Rights for which Licensee has prosecution responsibility under the terms of this Agreement), as well as Licensors in order to enable Licensors to comply with USPTO regulations regarding payment of fees with respect to Licensed Patent Rights.

Appears in 3 contracts

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

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Small Entity Designation. If Licensee, its Affiliates, any Sublicensee and/or any holder of an option to obtain a Sublicense does not qualify, or at any point during the term of this Agreement ceases to qualify, as an entity entitled to pay lesser fees as provided by the USPTO (i.e., a “small entity” as provided by ”) or the United States Patent and Trademark Office (USPTO)patent office of any other country, Licensee immediately shall so notify the USPTO (with respect to Licensed Patent Rights for which Licensee has prosecution responsibility under the terms of this Agreement)Xxxxxx immediately, as well as Licensors in order to enable Licensors Xxxxxx to comply with USPTO regulations regarding payment of fees with respect to Licensed Patent RightsPatents.

Appears in 1 contract

Samples: License Agreement (Ember Therapeutics, Inc. - Ny)

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Small Entity Designation. If the Licensee, any Sublicensee sublicensee and/or any holder of an option to obtain a Sublicense sublicense does not qualify, or at any point during the term of this Agreement ceases to qualify, as a “small entity” as provided by by: (a) the United States Patent and Trademark Office (USPTO), and/or (b) the Canadian Intellectual Property Office (CIPO) then the Licensee immediately shall so notify the USPTO (with respect to Licensed Patent Rights for which and CIPO immediately, and the Licensee has prosecution responsibility under the terms of this Agreement), as well as Licensors in order to enable Licensors to shall comply with the USPTO and/or CIPO regulations regarding payment of fees with respect to Licensed Patent Rightsthe Patents.

Appears in 1 contract

Samples: Exclusive License Agreement

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