Examples of New Patents in a sentence
Lxxxx shall assign and hereby assigns all of its and its Affiliates’ right, title, and interest in any Telix New Know-How and Telix New Patents to Telix, free and clear of all liens, claims, and encumbrances (except for those set forth in this Agreement).
Telix shall, subject to the terms of this Agreement, own all Telix New Know-How and Telix New Patents.
Lxxxx shall, subject to the terms of this Agreement, own all Lilly New Know-How and Lxxxx New Patents.
Telix shall have the right to determine the Telix Patents (other than Joint New Patents) for which it will apply for patent extension in any country, at its cost and expense.
Upon Lxxxx’x exercise of its Option, Lxxxx, at Lxxxx’x expense, has, subject to Section 11.2(b)(iii), the sole right and obligation to control the Prosecution and maintenance of the Telix Patents and Telix Radiodiagnostic Patents, other than Joint New Patents, that Cover any Companion Diagnostic, but do not Cover any other product that is not a Companion Diagnostic (“Companion Diagnostic-Specific Telix Patents”), using patent counsel of Lxxxx’x choice.