Examples of Metasyn Patent Rights in a sentence
Metasyn agrees that it will not abandon the prosecution of any patent applications included within the Metasyn Patent Rights nor shall it fall to make any payment or fail to take any other action necessary to maintain a patent under the Metasyn Patent Rights.
Metasyn shall be responsible for maintenance of the Metasyn Patent Rights in the Territory in its own name and at its own expense, keeping MKG informed.
In the event that a declaratory judgment action alleging invalidity or non-infringement of any of the Metasyn Patent Rights in the Territory shall be brought against either Party, the Party against which such action is brought shall notify the other Party in writing.
Metasyn and MKG shall each promptly notify the other in writing of any alleged or threatened infringement of patents or patent applications included in the Metasyn Patent Rights licensed hereunder to MKG of which they become aware, and the Joint Steering Committee shall consider the action to be taken.
In any infringement suit instituted to enforce the Metasyn Patent Rights pursuant to this Agreement, each Party shall cooperate in all respects and, to the extent possible, have its employees testify when requested and make available relevant records, papers, information, samples and the like.
In the event that a declaratory judgment action alleging invalidity or non-infringement of any of the Metasyn Patent Rights in the Territory shall be brought against DRL, DRL shall notify Metasyn in writing, and the parties shall consult concerning the action to be taken.
If, within six (6) months after Metasyn first becomes aware of any infringement of the Metasyn Patent Rights, Metasyn declines to prosecute such infringement or fails to cause such infringement to terminate or to bring diligently prosecute or a suit or action to compel termination, DRL shall have the right, but not the obligation, to bring such suit or action to compel termination at the sole expense of DRL.
Metasyn and DRL shall each promptly notify the other in writing of any alleged or threatened infringement of patents or patent applications included in the Metasyn Patent Rights licensed hereunder to DRL of which they become aware, and the parties shall consult concerning the action to be taken.
Metasyn shall be responsible for maintenance of the Metasyn Patent Rights in the Territory at its expense in its own name, keeping DRL informed.
If Metasyn elects not to continue to seek or maintain patent protection on any patent or patent application included in the Metasyn Patent Rights in the Territory, DRL shall have the right, at its option and expense, but in the name of Metasyn to prepare, file, prosecute (including oppositions) and maintain such patent applications and patents; provided, however, that the rights of the parties with respect to any such Metasyn Patent Rights in all other respects shall be as described in this Agreement.