Patent Expenses means all reasonable costs (including attorneys’ and application fees) incurred by University in accordance with this Agreement to apply for, prosecute and maintain Licensed Patents, including but not limited to the costs of interferences, oppositions, inter partes review and re-examinations. Patent Expenses include reimbursement for in-house costs provided they are for activities that would otherwise have been performed by outside counsel at an equal or greater expense.
Patent Expenses means the fees and expenses of outside counsel and payments to Third Parties incurred after the Effective Date in connection with the preparation, filing, prosecution and maintenance of the Licensed Patents, the Joint Collaboration Patents, and the Shire Patents covering Compound and Collaboration Products, including the costs of patent interference and opposition proceedings, net of any reimbursement of such expenses by Third Parties.
Patent Expenses means all reasonable, out-of-pocket expenses incurred relating to the preparation, filing, prosecution, maintenance or defense of Patent Rights, both past and future. For avoidance of doubt, the salaries and overhead costs of each Party’s technology transfer office or legal affairs office are not included as out-of-pocket expenses for purposes of calculating the Patent Expenses.
Examples of Patent Expenses in a sentence
In the absence of a third party paying for such costs, the Managing Party may file for patent protection in foreign countries, but shall be solely responsible for all of the Patent Expenses related thereto (except the initial PCT filing, but no nationalizations thereof) unless the Other Parties expressly agree in writing to share the costs of foreign filings.
To the extent that the Licensee reimburses previously incurred Patent Expenses, said reimbursements shall be paid to the Parties in proportion to the prior Patent Expenses actually paid by each Party, except in the circumstances described in Section 3.7(c).
Non-cash consideration will not be used to reimburse Patent Expenses or Licensing Expenses.
All such expenses incurred by a Party will be deemed to be Patent Expenses for purposes of reimbursement out of Net Consideration under Section 5.3, but shall not be subject to sharing and reimbursement under Section 3.7(b).
Notwithstanding the foregoing, Patent Expenses for foreign prosecution are subject to reimbursement under Sections 5.2 and 5.3 out of License Consideration.
More Definitions of Patent Expenses
Patent Expenses has the meaning set forth in Section 8.3.6.
Patent Expenses means all out-of-pocket expenses, as evidenced by actual invoices that were incurred in searching, preparing, filing, prosecuting, defending, and maintaining INVENTION.
Patent Expenses means all out-of-pocket expenses, as evidenced by actual invoices, incurred in searching, preparing, filing, prosecuting and maintaining patents and/or patent applications, whether domestic or foreign, including all divisions and continuations of these applications, all patents issuing from such applications, divisions and continuations, and any reissues, reexaminations, and extensions.
Patent Expenses means all attorneys’ fees, expenses, official fees and all other charges incident to the preparation, filing, prosecution, and maintenance of the Patent Rights and the Copyrights, including any negotiations or proceedings arising from US inter partes review, interference, foreign opposition or other dispute.
Patent Expenses means all fees, costs and expenses (including, without limitation, the professional fees of US and foreign patent counsel) relating to the filing, prosecution and maintenance of the Licensed Patents. For purposes of clarification, included Patent Expenses are any and all fees, costs, and expenses incurred before or after issuance of the Licensed Patents, including, without limitation, fees, costs, and expenses incurred in association with any reissue or reexamination of a Licensed Patent, any interference or opposition proceeding involving one or more Licensed Patents, or any extension or request for extension of the term of one or more Licensed Patents.
Patent Expenses means all reasonable outside expenses incurred in connection with obtaining patent protection for the Joint Invention, both past and future, including for example, (i) attorneys’ fees payable to the patent attorney who prepares, files and prosecutes patent applications for the Joint Invention, (ii) fees payable to the United States Patent and Trademark Office and to other governmental foreign patent offices, (iii) translation fees, and (iv) costs for prior art searches. For avoidance of doubt, the salaries and costs of each Party’s technology transfer office or legal affairs office are not included as outside costs for purposes of calculating the Patent Expenses.
Patent Expenses means (a) all reasonable fees, expenses, and charges of outside patent counsel related to Patent Rights listed in Exhibit A currently or added by amendment at a future date, incurred by UM in connection with the preparation, filing, prosecution, issuance, re-issuance, re-examination, interference, and/or maintenance of applications for patent rights, currently contained or that may be added to Exhibit A; and (b) an administrative fee in the amount of twenty percent (20%) of the amount of future Patent Expenses incurred in the course of activities conducted pursuant to (a), subject to Article 7.