Examples of Material Patents in a sentence
If Collaborator and Research Institute fail to execute a license agreement within six (6) months after the end of the term of the Agreement or if Collaborator fails to make payment for patent expenses as provided for in Section 5.2, Research Institute shall be free to license Research Institute’s interest in the Patents and Material Patents to any party upon such terms as Research Institute deems appropriate, without any further obligation to Collaborator.
Royalties, Copyrighted Material, Patents, and InventionsThis income is considered program income only if specifically identified as such in the grant agreement or Federal agency regulations.
Electrolyte Material Patents The first two patents (A, B) claim invention of specific Boron salts to be used in the liquid electrolyte solution of a lithium ion cell.
The Company shall ensure that all patent applications corresponding to the Material Patents are diligently prosecuted with the intent to protect the Product.
The Company shall not, and shall use its commercially reasonable efforts to cause any Licensee not to, disclaim or abandon, or fail to take any action necessary or desirable to prevent the disclaimer or abandonment of, the Material Patents.