Examples of patent pool in a sentence
If one or more key Patents within the Patent Pool are held invalid so as to be or otherwise become unenforceable in a country, then the Parties shall engage in good faith renegotiation of the Minimum Payment amounts set forth in Section 3.5(a) with the intention of reducing those minimum amounts commensurate with the impact of such an event in such country on the market.
If one or more key Patents within the Patent Pool are held invalid so as to be or otherwise become unenforceable in a country, then the Parties shall engage in good faith renegotiation of the Minimum Payment amounts set forth in Section 3.5(a) with the intention of reducing those minimum amounts commensurate with the impact of such an event in such country on the ***Confidential Treatment Requested 40 market.
Additionally, Merck and the Medicines Patent Pool (MPP) jointly announced the signing of a voluntary licensing agreement to facilitate access to generic molnupiravir, upon local regulatory authorization.
Notwithstanding the foregoing, in no event shall Biolase become obligated (i) to pay for any fees or expenses incurred by Diodem in connection with or related to the Grant-Back License or the litigation pending among Diodem, Lumenis and Hoya or (ii) to prosecute, defend, enforce or appear in any suit, action, or proceeding with respect to the Diodem Patents or the Patent Pool, except as provided in Section 2(b) and in Section 9.
Diodem shall use its best efforts to cooperate and implement all reasonable requests made by Biolase regarding the prosecution, enforcement, defense, recordation of ownership interests, maintenance and filings of such intellectual property in the Patent Pool.
If necessary, upon the request of Diodem, Biolase (or its Affiliate) shall agree to join as a named plaintiff in the Existing Litigation; provided, however, that, except with respect to the Existing Litigation, Biolase shall have no obligation to institute, engage or otherwise participate in any litigation or dispute with any person with respect to enforcing the patents in the Patent Pool.
If one or more key Patents within the Patent Pool are held invalid so as to be or otherwise become unenforceable in a country, then the Parties shall engage in good faith renegotiation of the Minimum Payment amounts set forth in Section 3.5(a) with the intention of reducing those minimum amounts commensurate with the impact of such an event in such country on the 39 market.
By_________________________________ Name: Title: LICENSEE: [Licensee] By_________________________________ Name: Title: MPP: Medicines Patent Pool By_________________________________ Name: Title: [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.
By _____________________________ Name: Title: LICENSEE: [Licensee] By _____________________________ Name: Title: MPP: Medicines Patent Pool By _____________________________ Name: Title: [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.
Each of the parties hereto agrees that they shall not challenge the validity of any of the patents in the Patent Pool.