Ovid Patents definition

Ovid Patents means all Patents that: (a) are Controlled by Ovid during the Term; and (b) are reasonably necessary to Exploit the Compound or a Product in the Field in the Territory.
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Ovid Patents means all Patents in the Licensee Territory that Ovid Controls as of the Effective Date or, subject to Section 2.7(b), during the Term (including any Joint Patents) that would be infringed, absent a license or other right to practice granted under such Patents, by the Development, use, importation, offer for sale, or sale of any Compound or Product in the Field in the Licensee Territory (considering patent applications to be issued with the then-pending claims and considering Joint Patents as if owned solely by Ovid). The Ovid Patents existing as of the Effective Date are set forth in Exhibit B.
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Ovid Patents has the meaning set forth in Section 1.73 of the Takeda Agreement. “Party” or “Parties” has the meaning set forth in the preamble. “Patent Office” means the applicable patent office, including the United States Patent and Trademark Office and any comparable foreign patent office. “Payment Date” has the meaning set forth in Section 5.5(e). “Person” means any natural person, firm, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, Governmental Authority or any other legal entity, including public bodies, whether acting in an individual, fiduciary or other capacity.
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Examples of Ovid Patents in a sentence

  • For clarity, all costs of preparation, filing, prosecution and maintenance of such Ovid Patent(s) shall be [*].

  • In the event Takeda provides written notice expressing its interest in obtaining such Ovid Patent(s), Ovid shall transfer to Takeda[*] responsibility for the preparation, filing, prosecution and maintenance of such Ovid Patent(s) and thereafter such Ovid Patent(s) shall constitute Takeda Patents.

  • The Parties shall respectively prepare, file, maintain and prosecute the Takeda Patents, Ovid Patents and Joint Patents as set forth in this Section 9.3. As used herein, “prosecution” of such Patents shall include all communication and other interaction with any patent office or patent authority having jurisdiction over a patent application in connection with pre-grant proceedings.

  • Ovid, upon Takeda’s request, shall provide Takeda a reasonable opportunity to review and comment on material communications from any patent authority regarding such Ovid Patents and drafts of any material filings or responses to be made to such patent authorities in advance of submitting such filings or responses.

  • Ovid shall be solely responsible for maintaining the Ovid Patents on the Orange Book.

  • If there is other insurance covering the same loss under this policy or any other policy, we will pay only for the amount of the covered loss in excess of the amount due from the other insurance, whether collectible or not.

  • Takeda, in the case of the Takeda Patents and Joint Patents, and Ovid in the case of the Ovid Patents, shall act with reasonable promptness in light of the development stage of the Products to apply for any such Patent Term Extensions, in accordance with the CGB’s decision.

  • The CGB will discuss and approve for which, if any, of the Patents within the Takeda Patents, Ovid Patents and Joint Patents in the Territory the Parties should seek Patent Term Extensions in the Territory.

  • In the event Ovid provides written notice expressing its interest in obtaining such Takeda Patent(s) or Joint Patent(s), Takeda shall transfer to Ovid[*] responsibility for the preparation, filing, prosecution and maintenance of such Takeda Patent(s) and Joint Patent(s), and such Takeda Patent(s) and Joint Patent(s) shall thereafter constitute Ovid Patents.

  • Each Party shall promptly notify the other Party in writing of any existing, alleged or threatened infringement of the Takeda Patents, Ovid Patents or Joint Patents in the Field in the Territory of which it becomes aware, and shall provide all information in such Party’s possession or control demonstrating such infringement.

Related to Ovid Patents

  • Licensed Patents means (a) all United States patents and patent applications listed in Exhibit A, as modified pursuant to Section 2.6.1, including patents arising from such patent applications; and (b) any re-examination certificates thereof, and their foreign counterparts and extensions, continuations, divisionals, and re-issue applications; provided that “Licensed Patents” will not include any claim of a patent or patent application covering any Manufacturing Technology.

  • Patent Rights means the rights and interests in and to issued patents and pending patent applications (which, for purposes of this Agreement, include certificates of invention, applications for certificates of invention and priority rights) in any country or region, including all provisional applications, substitutions, continuations, continuations-in-part, divisions, renewals, all letters patent granted thereon, and all reissues, re-examinations and extensions thereof, and all foreign counterparts of any of the foregoing.

  • Company Patents means Patents owned by the Company or used or held for use by the Company in the Business.

  • Licensee Patents means all of the Patents Controlled by Licensee, its Sublicensees, or any of its or their respective Affiliates as of the Effective Date or during the Term that are necessary (or, with respect to patent applications, would be necessary if such patent applications were to issue as patents) for the Exploitation of a Licensed Product in the Field in the Territory.

  • Licensed Patent Rights means:

  • Product Patents means any Patent Controlled or owned by Quoin in the Territory that, absent the license in Section 2.1, would be infringed by the importation, sale, or use of the Product in the Territory by a third party.

  • Regents' Patent Rights means any of the following: the U.S. patent application, serial number [***], entitled [***] disclosing and claiming the Invention, filed by Inventors and assigned to THE REGENTS; and continuing applications thereof including divisions, substitutions, and continuations-in-part (but only to extent the claims thereof are enabled by disclosure of the parent application); any patents issuing on said applications including reissues, reexaminations and extensions; and any corresponding foreign applications or patents.

  • Collaboration Patents means any and all Patents that claim or cover any of the Collaboration Know-How.

  • Licensed Patent means Stanford's rights in U.S. Patent Application, Serial Number , filed , any foreign patent application corresponding thereto, and any divisional, continuation, or reexamination application, extension, and each patent that issues or reissues from any of these patent applications. Any claim of an unexpired Licensed Patent is presumed to be valid unless it has been held to be invalid by a final judgment of a court of competent jurisdiction from which no appeal can be or is taken. “Licensed Patent” excludes any continuation-in-part (CIP) patent application or patent.

  • Patent means (a) all patents and patent applications in any country or supranational jurisdiction in the Territory, (b) any substitutions, divisionals, continuations, continuations-in-part, provisional applications, reissues, renewals, registrations, confirmations, re-examinations, extensions, supplementary protection certificates and the like of any such patents or patent applications, and (c) foreign counterparts of any of the foregoing.

  • Joint Patents means all Patents claiming Joint Inventions.

  • Program Patent Rights means all Patent Rights that claim or cover patentable Program Know-How, including any Program-Specific Patent Rights.

  • Collaboration Patent Rights means Patent Rights claiming Collaboration Know-How.

  • Patent Right means: (a) an issued or granted patent, including any extension, supplemental protection certificate, registration, confirmation, reissue, reexamination, extension or renewal thereof; (b) a pending patent application, including any continuation, divisional, continuation-in-part, substitute or provisional application thereof; and (c) all counterparts or foreign equivalents of any of the foregoing issued by or filed in any country or other jurisdiction.

  • Joint Patent Rights means all Patent Rights claiming a Joint Invention.

  • Valid Patent Claim means a claim of an issued and unexpired Patent which has not been disclaimed, revoked, held unenforceable or invalid by a decision of a court or other governmental agency of competent jurisdiction, unappealable or unappealed within the time allowed for appeal, and which has not been admitted to be invalid or unenforceable through reissue or disclaimer or otherwise.

  • Assigned Patent Rights means all of the following, whether now owned or hereafter acquired or arising:

  • Patent Applications means all published and unpublished nonprovisional and provisional patent applications, reexamination proceedings, invention disclosures and records of invention, applications for certificates of invention and priority rights, in any country and regardless of formal name, including without limitation, substitutions, continuations, continuations-in-part, divisions, renewals, revivals, reissues, re-examinations and extensions thereof.

  • Patents means all patents, patent applications and like protections including without limitation improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same.

  • Assigned Patents means only those

  • Transferred Patents means those Patents identified on Schedule 1.01(g).

  • Patent Application means an application for patent protection for a CRADA Subject Invention with the United States Patent and Trademark Office (“U.S.P.T.O.”) or the corresponding patent-issuing authority of another nation.

  • Joint Patent means a Patent that claims a Joint Invention.

  • Product Technology means the Product Know-How and Product Patents.

  • Licensed IP means the Intellectual Property owned by any person other than the Corporation and to which the Corporation has a license which has not expired or been terminated;

  • Licensee Technology means the Licensee Know-How and Licensee Patents.