Transition of Prosecution Sample Clauses

Transition of Prosecution. Without limiting the generality of Section 14.3 (Further Assurances) of the Purchase Agreement or Section 1.9 of this Agreement, on the Closing Date, Seller shall deliver to Company, to the extent not already delivered or in possession of Company pursuant to Section 1.4, the following documents: (a) a list of all outside counsel or agencies and Seller and Seller Group Entity personnel responsible for the prosecution and maintenance of registrations and applications within the Transferred IP Assets, and contact information for such counsel, agency or personnel (to the extent such personnel contact information can be disclosed without violating applicable Legal Requirements), and (b) the complete prosecution records and materials, including any invention disclosure forms, inventor notes, correspondence with the Governmental Authorities, and “file wrapper” for all registrations and applications within the Transferred IP Assets, to the extent that Seller or any Seller Group Entity has such documents in its possession immediately prior to the Closing Date (and shall, if requested by HoldCo, expressly instruct outside counsel to deliver the foregoing and consent to the retention of such outside counsel on behalf of HoldCo or a Company Group Entity in connection with prosecuting, maintaining, or otherwise protecting Transferred IP Assets) (for the avoidance of doubt, Seller will not be required to create new documents to satisfy its obligations under this clause (b) and will not be required to have governmental agencies deliver any documents to HoldCo under this clause (b)); provided, however, that Seller may maintain one archival copy of such prosecution records and materials, subject to Seller’s and the Seller Group Entitiesconfidentiality obligations set forth in Section 5.1. With respect to each item of Transferred IP Assets that are Registered IP Assets, Seller agrees, for the greater of ninety (90) days after the Closing Date and ninety (90) days after the assignment from Seller to HoldCo of such item of Transferred IP Assets (where assignment is not legally effective until recorded), to: (i) continue to receive any notices or other correspondence from relevant Governmental Authorities, (ii) promptly forward such notices and correspondence in the ordinary course to HoldCo, and (iii) not abandon the prosecution of such Transferred IP Assets during such time unless at HoldCo’s express written direction. Notwithstanding the foregoing, HoldCo shall be respons...
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Related to Transition of Prosecution

  • Filing, Prosecution and Maintenance Each of Dyax and Genzyme shall be responsible for the filing, prosecution and maintenance of all patent applications and patents which make up its Patent Rights. The Steering Committee shall designate either Dyax or Genzyme as the Party responsible for the filing, prosecution and maintenance of all patent applications and patents which make up the Joint Patent Rights. For so long as any of the license grants set forth in Article 3 hereof remain in effect and upon request of the other Party, each of Dyax and Genzyme agrees to file and prosecute patent applications and maintain the patents covering the Patent Rights for which it is responsible in all countries in the Territory selected by the Steering Committee. Each of Dyax and Genzyme shall consult with and keep the other fully informed of important issues relating to the preparation and filing (if time permits), prosecution and maintenance of such patent applications and patents, and shall furnish to the other Party copies of documents relevant to such preparation, filing, prosecution or maintenance in sufficient time prior to filing such document or making any payment due thereunder to allow for review and comment by the other Party and, to the extent possible in the reasonable exercise of its discretion, the filing Party shall incorporate all such comments.

  • Filing, Prosecution and Maintenance of Patents RENOVIS agrees to file, prosecute and maintain in the Territory, upon appropriate consultation with MERCK, the RENOVIS Patent Rights licensed to MERCK under this Agreement; provided, however, with respect to Joint Information and Inventions that are not Improvements to RENOVIS Patent Rights or RENOVIS Technology, MERCK shall have the first right to file patent applications for such Joint Information and Inventions. With respect to RENOVIS Information and Inventions, RENOVIS may elect not to file and if so MERCK shall have the right to file patent applications. In such event, RENOVIS shall execute such documents and perform such acts at RENOVIS’ expense as may be reasonably necessary to effect an assignment of such Patent Rights to MERCK in a timely manner to allow MERCK to continue such prosecution or maintenance. In each case, the filing Party shall give the non-filing Party an opportunity to review the text of the application before filing, shall consult with the non-filing Party with respect thereto, and shall supply the non-filing Party with a copy of the application as filed, together with notice of its filing date and serial number. RENOVIS shall keep MERCK advised of the status of the actual and prospective patent filings and upon the request of MERCK, provide advance copies of any papers related to the filing, prosecution and maintenance of such patent filings. RENOVIS shall promptly give notice to MERCK of the grant, lapse, revocation, surrender, invalidation or abandonment of any Patent Rights licensed to MERCK for which RENOVIS is responsible for the filing, prosecution and maintenance. With respect to all filings hereunder, the filing Party shall be responsible for payment of all costs and expenses related to such filings.

  • Prosecution of Patents (a) The Licensor shall be solely responsible for preparing, prosecuting and maintaining the BENTLEY Patents.

  • Patent Filing Prosecution and Maintenance 7.1 Except as otherwise provided in this Article 7, Licensee agrees to take responsibility for, but to consult with, the PHS in the preparation, filing, prosecution, and maintenance of any and all patent applications or patents included in the Licensed Patent Rights and shall furnish copies of relevant patent-related documents to PHS.

  • Filing Prosecution and Maintenance of Patent Rights 7.1 Patent Filing, Prosecution and Maintenance.

  • Prosecution Hospital shall be responsible for the preparation, filing, prosecution and maintenance of all patent applications and patents included in Patent Rights. Company shall reimburse Hospital for Patent Costs incurred by Hospital relating thereto in accordance with Section 4.2.

  • Prosecution and Maintenance Each party retains the sole right to protect at its sole discretion the Intellectual Property and Technology owned by such party, including, without limitation, deciding whether to file and prosecute applications to register patents, copyrights and mask work rights included in such Intellectual Property, whether to abandon prosecution of such applications, and whether to discontinue payment of any maintenance or renewal fees with respect to any patents included in such Intellectual Property.

  • Prosecution and Maintenance of Patents Patent Costs ----------------------------------------------------

  • Prosecution and Maintenance of Patent Rights ALNYLAM will have the right and responsibility to file, prosecute and maintain patent protection in the Territory for all ALNYLAM Patent Rights. [ * ]

  • Litigation and Compliance with Law Except as set forth in Schedule 5.17, there are no claims, actions, suits or proceedings, pending or, to the knowledge of the Companies and the Stockholders, threatened against or affecting any Company, at law or in equity, or before or by any Governmental Authority having jurisdiction over such Company. No written notice of any claim, action, suit or proceeding, whether pending or threatened, has been received by any Company and, to the Stockholders' and the Companies' knowledge, there is no basis therefor. Except to the extent set forth in Schedule 5.17, each Company has conducted and is conducting its business in compliance with all Laws applicable to such Company, its assets or the operation of its business.

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