IP Action definition

IP Action means any decision affecting the validity, enforceability, or scope of any of the JV Intellectual Property Rights which may involve a capital expenditure by JV Company, including (without limitation) decisions relating to: filing foreign counterpart applications; making maintenance, annuity and renewal payments; filing continuation, request for continued examinations, or divisional applications; filing registration applications; making priority filings; filing statements of use, extensions of time, express abandonments, disclaimers and the like; participating in, defending, or initiating an opposition or other administrative proceedings; and initiating any enforcement proceedings.
IP Action as defined in Clause 14.2.2;
IP Action and "Disclosed IP Action" shall have the meanings set forth in the Purchase Agreement.

Examples of IP Action in a sentence

  • Licensor shall keep the Licensee reasonably informed of all material developments in connection with any Third Party IP Action.

  • In accordance with the Commission’s Communication “A balanced IP enforcement system responding to today's societal challenges”18, the “Trade for all” Communication19, the IP Action Plan20 and the Strategy for the Enforcement of Intellectual Property Rights in Third Countries21 the Commission services have prepared this second edition of the Counterfeit and Piracy Watch List (‘the Watch List’).

  • The seconded staff member will contribute to the definition of EU policies on IP and the implementation of the several legislative and non-legislative initiatives which will be announced in the upcoming Commission’s IP Action Plan.

  • XDx shall have the right, but not the obligation, to take action in the prosecution, defence, prevention, or termination of any IP Action.

  • Should XDx elect to commence or defend legal proceedings in respect of the IP Action and Diaxonhit is joined as party in any such proceedings, Diaxonhit shall have the right to approve the counsel selected by XDx to represent the parties, such approval not to be unreasonably withheld.

  • Should Diaxonhit elect to commence or defend legal proceedings in respect of the IP Action and XDx is joined as party in any such legal proceedings, XDx shall have the right to approve the counsel selected by Diaxonhit to represent the Parties, such approval not to be unreasonably withheld or delayed.

  • The LISCOP Policy Framework and Procedural Guidelines for IPs is prepared within the context of the World Bank Operational Directive 4.20, which instructs Bank-supported projects to give protection to IPs with regards to mitigating possible adverse impacts of investments and requires the development of an IP Action Plan should projects have potential adverse impacts on IP populations.

  • If XDx does not take action in the prosecution, defence, prevention, or termination of any IP Action pursuant to clause 16.2 above, and has not commenced negotiations with the other party for the discontinuance of said IP Action, within ninety (90) days after receipt of notice to XDx by Diaxonhit of the existence of an IP Action, Diaxonhit may elect to do so.

  • Bali Concord III, supra note 15.AND TRADE the same time ASEAN is seeking further economic integration with six of its key regional trade partners in the negotiations for a RCEP.76In the area of intellectual property policy, while ASEAN has developed an IP Action Plan 77 there has been no explicit linkage between IP development and treatment of pharmaceutical patents and compulsory licensing by members.

  • Licensor shall defend the Third Party IP Action, and unless otherwise agreed in writing by the Parties, Licensor shall have control of the defence of any such Third Party IP Action by counsel of its own choice; provided, however, that Licensor may not settle or compromise any Third Party IP Action in a manner that materially adversely affects Licensee’s rights or interests hereunder, without the written consent of Licensee (such consent not to be unreasonably withheld, conditioned or delayed).


More Definitions of IP Action

IP Action means any Offensive Action or Third Party Action.
IP Action has the meaning given to it in Section 10.1.

Related to IP Action

  • Action shall have the meaning ascribed to such term in Section 3.1(j).

  • Infringement Action has the meaning set forth in Section 9.6(b).

  • Tort action means a civil action for damages for injury, death, or loss to person or property other than a civil action for damages for a breach of contract or another agreement between persons or government entities.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Adverse action means a home or remote state action.

  • Civil action means all suits or claims of a civil nature in a state or federal court, whether cognizable as cases at law or in equity or admiralty. "Civil action" does not include any of the following:

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Intellectual Property Claim means the assertion by any Person of a claim (whether asserted in writing, by action, suit or proceeding or otherwise) that any Borrower’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.

  • Collection Action means any of the following:

  • Infringement Claim has the meaning set forth in Section 8.2(a).

  • Hearing means an oral hearing and includes a hearing conducted in whole or in part by video link, telephone or other means of instantaneous two-way electronic communication;

  • Final Approval Order and Judgment means an order and judgment that the Court enters after the Final Approval Hearing, which finally approves the Settlement Agreement, certifies the Settlement Class, dismisses the Action with prejudice, and otherwise satisfies the settlement-related provisions of Federal Rule of Civil Procedure 23, and is consistent with all material provisions of this Agreement, substantially in the form annexed hereto as Exhibit 5.

  • Suit means a civil proceeding in which damages because of "bodily injury", "property damage" or "personal and advertising injury" to which this insurance applies are alleged. "Suit" includes:

  • Motion means a formal proposition to be discussed and voted on during the course of a meeting.

  • Adverse employment action means an action that affects an em- ployee ’s compensation, promotion, transfer, work assignment, or performance evaluation, or any other employment action that would dissuade a reasonable employee from making or supporting a report of abuse or neglect under Family Code 261.101.

  • Direct Action has the meaning set forth in Section 2.8(d).

  • Response Action means the investigation, cleanup, removal, remediation, containment, control, abatement, monitoring of or any other response action to the presence of Regulated Substances or Contamination in, on, at, under or emanating from the Stadium Site, including the correction or abatement of any violation required pursuant to Environmental Laws or by a Governmental Authority.

  • Bail-In Action means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution.

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • Derivative Action means any Action brought by or in the right of the Corporation and/or an Affiliate.

  • Third Party Action has the meaning set forth in Section 9.2.

  • Specified Action has the meaning set forth in Section 3.4.2.

  • Claim means any action, claim, obligation, liability, expense, lawsuit, demand, suit, inquiry, hearing, investigation, notice of a violation, litigation, proceeding, arbitration, or other dispute, whether civil, criminal, administrative or otherwise, whether pursuant to contractual obligations or otherwise.

  • Notice of Action shall have the meaning set forth in Section 7.1C.

  • Retained Causes of Action means those Causes of Action that shall vest in the Reorganized Debtors on the Effective Date, which, for the avoidance of doubt, shall not include any of the Causes of Action that are settled, released or exculpated under the Plan.

  • Notified Action shall have the meaning set forth in Section 7.04(a) of this Agreement.