Examples of Joint Product Patents in a sentence
Except as expressly permitted in this Agreement, Lupin shall have no right to prepare, file, prosecute or maintain any Salix Patent or any Joint Patent other than Joint Platform Patents and Joint Product Patents.
Ionis shall have the sole right, but not the obligation, through the use of internal or outside counsel, to prepare, file, prosecute, and maintain the Ionis Patents, BicycleTx Product Patents, and Joint Product Patents worldwide, at Ionis’ expense.
Except as expressly permitted in this Agreement, Lupin shall have no right to prepare, file, prosecute or maintain any Joint Product Patents in the Territory.
Only one royalty shall be due under this Agreement: (i) with respect to the sale of the same unit of Product; and (ii) on the sale of a Product even if the Manufacture or Commercialization of such Product Covered more than one Valid Claim of the Pliant Patents or Joint Product Patents.
Salix shall have the first right, but not the obligation, through counsel reasonably acceptable to Lupin, to control the prosecution of any infringement described in Section 8.3.1 relating to the Salix Patents or Joint Patents other than Joint Platform Patents and Joint Product Patents or, subject to the provisions of this Section 8.3.3, to grant the infringing Third Party adequate rights and licenses necessary for continuing such activities.
The Parties agree that the costs for filing, prosecuting and maintaining the Anadys Patent Rights listed in Exhibit B-1 (as amended from time to time) and the Joint Product Patents will be included as Development Costs for the purposes of this Agreement.
In the event that a declaratory judgment or similar action alleging the invalidity or non-infringement of any of the SGX Patents, Joint Product Patents or Joint Non-Product Patents is initiated by any Third Party, each Party will promptly notify the other.
Royalties will be payable on a Royalty-Bearing Product-by- Royalty-Bearing Product and country-by-country basis until the later of (a) the expiration of the last to expire Valid Claim of (i) SGX Patents (including any Joint Product Patents) [***] in such country or (ii) Novartis Patents [***] in such country or (b) [***] years from the first Commercial Sale of such Royalty-Bearing Product in such country (“Royalty Term”).
The Parties agree that Joint Product Patents shall be exclusively licensed to Novartis in accordance with the terms of this Agreement and neither Party will use, or license or assign to any Third Party, any rights to the Joint Product Patents without the other Party's prior written consent.
Anything contained in this Agreement to the contrary notwithstanding, as between the Parties, ImmunoGen shall be the sole owner of, and subject to the license granted in Section 2.1.1, shall retain all right, title and interest in and to the Licensed Intellectual Property (other than Joint Product Technology and any Joint Product Patents).