Applicable Patents definition
Examples of Applicable Patents in a sentence
Neither Borrower nor Parent has received any notice from any Person who is or claims to be an inventor of any of the Applicable Patents who is not a named inventor thereof.
To the Knowledge of Borrower, there is not any Person who is or claims to be an inventor of any of the Applicable Patents who is not a named inventor thereof.
Neither Borrower nor Parent has received any opinion of counsel that any of the Applicable Patents is invalid or unenforceable.
Neither Borrower nor Parent has received any written notice of any claim by any Third Party challenging the validity or enforceability of any of the Applicable Patents.
PTC hereby grants to B&L, and B&L hereby accepts, an exclusive license under the Applicable Know-How and the Applicable Patents to evaluate, screen, test and formulate the Evaluation Compounds for utility in the applicable Field.
Applicable Patents" means all patents, patent applications and other patent rights (including utility models, and excluding design patents or applications) in all countries of the world issued or issuing on patent or utility model applications which are entitled to an effective filing date on or before [*], which are owned by [*] or [*] Subsidiaries or which [*] or [*] Subsidiaries otherwise have the right to enforce (and all foreign counterparts of such patents, applications, and patent rights).
Neither Parent nor Borrower has received any ACTIVE/105942580.15 notice of any claim by any Third Party challenging the ownership of the rights of Parent or Borrower in and to the Applicable Patents.
XiMo shall have the first right to enforce any Applicable Patents and to initiate and conduct proceedings against any actual or suspected third party infringer in the Field, which enforcement and proceedings shall be at XiMo’s sole cost and expense.
To the extent commercially feasible and consistent with prevailing business practices, ERS shall ▇▇▇▇ all Developed Catalyst that are manufactured and, to the extent permitted, sold under this Agreement with the number of each issued patent under Applicable Patents that covers such Developed Catalyst.
The royalty obligation with respect to Covered Products set forth in Section 7.1, together with the license rights to Existing XiMo Intellectual Property under Section 6.1(b) and Catalyst Intellectual Property under Section 6.3(c), shall survive the expiration or termination of this Agreement (except as otherwise set forth in Section 13.5), until the last to expire of the Applicable Patents.