Examples of Memory Patent Rights in a sentence
After Roche has exercised its right to obtain a License with respect to a Product, then Roche shall have the right to enforce Memory Patent Rights Covering such Product; and Roche shall have [*] days from the date on which it receives or provides a copy of such certification to provide written notice to Memory ("H-W Suit Notice") whether Roche will bring suit, at its expense, within a [*] day period from the date of such certification.
If Roche desires to exercise such right, Roche shall give written notice thereof to Memory and Memory shall provide to Roche, for evaluation purposes only, all test results, data (e.g., in vivo data, safety data and structure-activity relationship data) and applicable Memory Patent Rights relating to up to [*] compounds which are nicotinic alpha-7 agonists in preclinical development by Memory as may be selected by Roche.
After Roche has exercised its right to obtain a License pursuant to Section 2.1 hereof, Roche shall reimburse Memory, on a patent-by-patent basis, as to any Memory Patent Rights Covering the Product for which Roche has exercised its right to a License for fifty percent (50%) of any reasonable and documented external costs for Handling such patent or patent application incurred after the date Roche obtained such License.
Prior to Roche exercising its right to obtain a License which respect to a Product, then Memory shall have the sole right to enforce Memory Patent Rights Covering such Product.
Memory shall have the right, but not the obligation, to prepare, file, prosecute (including interference and opposition proceedings) and maintain (including interferences, re-examination and opposition proceedings) (collectively, "Handle") the Memory Patent Rights.
Memory shall be solely responsible for payment of the reasonable costs to Handle the Memory Patent Rights, except as otherwise provided in Section 13.2 above.
As of the date hereof, the Memory Patent Rights in existence as of the Effective Date are owned exclusively by Memory; and Memory's senior executives, after consultation with patent counsel, have no actual knowledge of any information that would, in their opinion, render invalid and/or unenforceable Composition of Matter Claims for the lead compounds of the Program in such Memory Patent Rights.
Subject to the terms and conditions of this Agreement, during the License Exercise Period, Roche shall have the right with respect to each Product to obtain a sole and exclusive license, including the right to grant sublicenses pursuant to Section 2.3, under the Memory Patent Rights and to use the Memory Know-How, to make, use, offer for sale, sell and import such Product in the Territory for use in the Field (each, a "License").
Memory hereby grants to Roche under the Memory Inventions, Memory Patent Rights, Collaboration Patent Rights and Collaboration Technology, a non-exclusive right and license to make, have made, use, and import solely in, or in the furtherance of, Roche’s internal research (excluding research related to PDE inhibitors) to [*] (the “Roche Research License”).
Prior to Roche exercising its right to obtain a License to 3454 Products, Memory shall have no obligation to consult Roche with respect to prosecution or maintenance of any Memory Patent Rights to the extent such Memory Patent Right solely or primarily affects Compound 3454.