Patent Interest definition

Patent Interest has the meaning set out in Section .9.2.
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Patent Interest means the entire right, title, and interest in and to the Assigned Patent, to be held and enjoyed by the Assignee, its successors and assigns, as fully and entirely as the same would have been held and enjoyed by the University had this assignment and sale not been made, and includes the right to enforce the Assigned Patent against any infringement occurring before, on or after the Effective Date, including the right to xxx for past, present and future infringement and to seek and obtain relief and judgment therefor and/or to settle any such infringement claims and to collect monies owed in connection with such judgments or settlements.
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Patent Interest means the exclusive right held by the owner of a patent issued by the United States Patent and Trademark Office to make, use, offer to sell, or sell a patented process, machine, manufacture, composition of matter, or material. “Process” means one or more acts or steps that produce a concrete, tangible and useful result that is patented by the United States Patent and Trademark Office, such as the means of manufacturing tangible personal property. Process may include a patented process performed with an item of
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Examples of Patent Interest in a sentence

  • Section 2.01 Subject to the receipt of the Purchase Price and other terms and conditions contained herein, the University hereby sells, assigns, transfers and conveys the Patent Interest in the Assigned Patents to the Assignee for the Assignee’s own use and benefit, and for the use and benefit of the Assignee’s successors and assigns (except patent trolls), and the Assignee hereby accepts such sale, assignment, transfer and conveyance.

  • Section 2.01 Subject to the receipt of the Purchase Price and other terms and conditions contained herein, the University hereby sells, assigns, transfers and conveys the Patent Interest in the Assigned Patent to the Assignee for the Assignee’s own use and benefit, and for the use and benefit of the Assignee’s successors and assigns (except patent trolls), and the Assignee hereby accepts such sale, assignment, transfer and conveyance.

  • The Parties acknowledge and agree that if the Purchaser does not elect to purchase any Undisclosed Patent Interest within the applicable 30-day option period after delivery of notice thereof pursuant to Section 5.19(b), then the Sellers shall have no further obligation whatsoever to the Purchaser with respect to such Undisclosed Patent Interest, and the Sellers shall be free to sell, license or otherwise dispose of such Undisclosed Patent Interest in their sole discretion.


More Definitions of Patent Interest

Patent Interest means the exclusive right held by the owner of a patent issued by the United States Patent and Trademark Office to make, use, offer to sell, or sell a patented process, machine, manufacture, composition of matter, or material.
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Related to Patent Interest

  • Joint Inventions has the meaning set forth in Section 9.1.

  • Joint Invention has the meaning set forth in Section 9.1.

  • Joint IP means Joint Know-How and Joint Patent Rights.

  • 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.

  • 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.

  • Parent IP means all Intellectual Property Rights that are owned or purported to be owned by, assigned to, or exclusively licensed by, Parent or its Subsidiaries.

  • 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.

  • Joint Intellectual Property means, collectively, Joint Know-How and Joint Patents.

  • 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.

  • Sole Inventions has the meaning set forth in Section 9.1.

  • patentee means the person for the time being entered on the register as the grantee or proprietor of the patent;

  • Joint Technology means Joint Inventions and Joint Patents.

  • Parent Intellectual Property means any Intellectual Property that is owned by, or exclusively licensed to, Parent.

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

  • Joint Patents means all Patents claiming Joint Inventions.

  • 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.

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

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

  • 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.

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

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

  • 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;

  • Joint Intellectual Property Rights means any work under the Subcontract, which:

  • 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.

  • Developed IP means any Intellectual Property Rights that are conceived or reduced to practice, or otherwise created or developed, by or on behalf of a Party, its Affiliates or sublicensees, alone or together with one or more Third Parties, during the Term in connection with the Development, Manufacture, or use of the Compound or any Product.

  • Licensed Patent Rights means: