Examples of Licensed Patent Application in a sentence
This License Agreement shall, unless terminated in accordance with the provisions of this Article IX, be and remain in effect until the expiration of the last to expire Licensed Patent or the last Licensed Patent Application that becomes abandoned, whichever is later (herein referred to as the “Term”).
No provision of this Agreement is to be construed to grant the Licensee, by implication, estoppel or otherwise, any rights (other than the rights expressly granted it in this Agreement) to the Licensed Technology, a Licensed Patent or Licensed Patent Application, or to any other University-owned technology, patent applications, or patents.
The Licensee acknowledges that it has reviewed each Licensed Patent and each Licensed Patent Application and that it will not dispute the inventorship, validity, or enforceability of any of the claims made in a Licensed Patent or a Licensed Patent Application.
Licensor will consult with Licensee concerning any decisions which could affect the scope or enforcement of any issued claims and shall notify Licensee in writing of any additions, deletions or changes in the status of a Licensed Patent or Licensed Patent Application.
As a condition precedent to the completion of any such assignment, the Licensee must grant to Licensor a non-exclusive, royalty-free, perpetual right and license under such assigned Licensed Patent Application and/or Licensed Patent to use, make, have made, sell, offer to sell, distribute and import any products incorporating such Licensed Patent Application and/or Licensed Patent within the Field of Use.