Patent Activities definition
Examples of Patent Activities in a sentence
C-2.1 The Invention Managers will discuss and agree on expected costs and fees of Regents Co-Counsel performing Patent Activities in accordance with the Patenting Objectives, based on [***] estimates of Regents Co-Counsel, and will establish and deliver to Caribou a corresponding budget for Patent Activities, which will be updated [***] in consultation with Regents Co-Counsel, subject to the procedures of Section C-1.4 in the event of a failure to reach agreement.
Co-Counsel will be directed by the Invention Managers and shall confer and endeavor to reach positions in furtherance of the Patenting Objectives (as defined in Section C-1.4(b)) regarding the shared Patent Activities, including without limitation agreeing with respect to Regents Co-Counsel instructions to a single foreign counsel in each applicable jurisdiction outside of the United States.
Co-Counsel shall consider and respond in good faith to timely received comments or questions from the Parties or their counsel regarding the Patent Activities.
The Parties will provide reasonable cooperation to each other with respect to each other’s Patent Activities, provided that neither Party shall have any obligation to incur out of pocket expenses or to engage in any legal or administrative proceedings in providing such cooperation.
DIVERSA will be responsible, at its sole ----------------- expense, for Patent Activities with respect to Inventions made by DIVERSA or DOW or Jointly Developed relating primarily to [*****] Enzymes in accordance with Section 7.2.4 (i).
In each case above, the party responsible for ----------- Patent Activities for the applicable patent applications shall use reasonable efforts to obtain patent coverage that is as broad as possible to cover all potential commercial applications thereof, and shall assure that the other party will have the opportunity to provide meaningful and substantive review and comment with respect thereto.
MAXYGEN will be responsible, at its sole ------------- expense, for Patent Activities for all inventions made by MAXYGEN or PIONEER or jointly by the parties in connection with the R&D Program relating to Shuffling Technology.
In each case in Section 8.1.1 above, the Party responsible for Patent Activities for the applicable patent applications (the "Responsible Party") shall use reasonable efforts to obtain patent coverage that is as broad as possible to [*****] thereof.
Except as otherwise expressly provided above, the -------- Responsible Party will bear the costs of Patent Activities with respect to all Patent Rights for which it has responsibility pursuant to (P)8.1.
The other Party will bear the costs of Patent Activities with respect to all Patent Rights for which it has assumed responsibility pursuant to this Section 8.2.