Chemistry Patent definition
Examples of Chemistry Patent in a sentence
Ixsys hereby grants to ▇▇▇▇▇▇▇▇ a limited non-exclusive, fully paid-up, royalty-free sublicense (including the right to grant further sublicenses) in the Territory under the B&K Patent Rights in the Territory to the extent necessary or useful to use the processes and methods, and to make, use and sell the compositions, claimed or disclosed in the Random Chemistry Patent Rights and B&K Know-How.
In consideration for the grant of the license under the Random Chemistry Patent Rights, Ixsys shall pay to ▇▇▇▇▇▇▇▇ for each sublicense granted by Ixsys to a Third Party under the Random Chemistry Patent Rights (a) a sublicense fee equal to [***] payable upon the grant of such sublicense and (b) a sublicense maintenance fee equal to [***] (or until the earlier expiration or termination of each such sublicense).
If Portola determines in its sole discretion to abandon or not maintain any Chemistry Patent, then Portola shall provide Millennium with [*] prior written notice of such determination (or such other period of time reasonably necessary to allow Millennium to assume such responsibilities) and Millennium shall have the right to assume responsibility for prosecuting and maintaining such Chemistry Patents, at its expense.
Kauf▇▇▇▇ ▇▇▇ll not use the B&K Patent Rights or the B&K Know-How under such sublicense to (x) use any composition derived through the limited sublicense as an end product or (y) derive a composition as an end product by any means other than directly through the processes and methods claimed in the Random Chemistry Patent Rights.
Ixsys hereby grants to Kauf▇▇▇▇ ▇ ▇imited non-exclusive, fully paid-up, royalty-free sublicense (including the right to grant further sublicenses) in the Territory under the B&K Patent Rights in the Territory to the extent necessary or useful to use the processes and methods, and to make, use and sell the compositions, claimed or disclosed in the Random Chemistry Patent Rights and B&K Know-How.
Kauf▇▇▇▇ ▇▇▇eby grants to Ixsys a non-exclusive, fully paid-up, royalty-free license (including the right to grant sublicenses) in the Territory under the Random Chemistry Patent Rights to the extent necessary or useful to use the processes and methods, and to make, use and sell the compositions, claimed or disclosed in the B&K Patent Rights or which constitute B&K Know-How.
Kauf▇▇▇▇ ▇▇▇ll be responsible for and shall control, at his sole cost, the preparation, filing, prosecution and maintenance of all patents and patent applications related to the Random Chemistry Patent Rights * CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION.
Kauf▇▇▇▇ ▇▇ the sole owner of the B&K Patent Rights, the B&K Know-How and the Random Chemistry Patent Rights and has not granted to any Third Party any license or other interest in the B&K Patent Rights or the B&K Know-How that would limit his ability to exclusively license such rights to Ixsys hereunder.
If Portola determines in its sole discretion to abandon or not maintain any Chemistry Patent, then Portola shall provide Millennium with [*] prior written notice of such determination (or [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.