Patent Prosecution Costs means the direct out-of-pocket costs (including the reasonable fees and expenses incurred to outside counsel and other Third Parties, including filing, prosecution and maintenance fees incurred to Governmental Authorities) recorded as an expense by a Party or any of its Affiliates (in accordance with GAAP and its customary accounting practices) after the Effective Date and during the Term and pursuant to this Agreement, in connection with the preparation, filing, prosecution, maintenance and extension of Patents, including costs of Patent interference, appeal, opposition, reissue, reexamination, revocation, petitions or other administrative proceedings with respect to Patents and filing and registration fees.

Patent Prosecution Costs is defined in Paragraph 20.4.

Patent Prosecution Costs means the cost of preparing, filing, prosecuting, and maintaining the Patent Rights.

Examples of Patent Prosecution Costs in a sentence

However, if REGENTS grants additional options or licenses, then the Patent Prosecution Costs will be divided equally among the optionees or licensees from the effective date of each subsequently granted option agreement.
After about 75 minutes, Detective Garcia, dressed as an inmate and posing as a gang member, entered.
Patent Prosecution Costs billed by The Regents’ counsel will be rebilled to the Licensee and are due within thirty (30) days of rebilling by The Regents.
Fourth, some OECD countries might want to promote a sphere of influence among countries geo- graphically close to them for strategic reasons.
In the event that royalties, fees, reimbursements for Patent Prosecution Costs or other monies owed to The Regents are not received by The Regents when due, the Licensee will pay to The Regents interest at a rate of [***] simple interest per annum.

More Definitions of Patent Prosecution Costs

Patent Prosecution Costs means those professional service fees and costs reasonably charged by a Third Party for the provision of patent filing, prosecution (including defending oppositions and interferences), maintenance and renewal services with respect to the applicable Licensed Patent, including all official fees, charges and surcharges properly incurred in the provision of such services;

Patent Prosecution Costs means the direct out-of-pocket costs (including the reasonable fees (based on customary hourly rates) and expenses incurred to outside counsel and other Third Parties, including filing, prosecution and maintenance fees incurred to governmental authorities) recorded as an expense by a Party or any of its Affiliates (in accordance with GAAP and its customary accounting practices) after the Effective Date and during the term of this Agreement and pursuant to this Agreement, in connection with the Prosecution of Invention Patents, including costs of Invention Patent interference, appeal, opposition, reissue, reexamination, revocation, petitions or other administrative proceedings with respect to Invention Patents and filing and registration fees.

Patent Prosecution Costs means those professional service fees and costs reasonably charged by a Third Party patent attorney instructed by AchillesTx, or instructed by CRT with AchillesTx’s approval, during the Term, for the provision of professional legal services concerning patent filing, prosecution (including defending oppositions and interferences), maintenance and renewal services with respect to the applicable TRACERx Patents, including all official fees, charges and surcharges properly incurred in the provision of such services, which are incurred following notification to AchillesTx (and as applicable acceptance by AchillesTx) of such TRACERx Patent being included in the licensed rights hereunder;

Patent Prosecution Costs is defined in Paragraph 12.4.

Patent Prosecution Costs shall have the meaning ascribed to such term in Section 4.5.

Patent Prosecution Costs means Allowable Costs arising out of obtaining and maintaining patent coverage on the applicable Inventions, including but not limited to U.S. and foreign patent preparation, prosecution, issuance, maintenance, opposition, interference and litigation costs, but shall exclude costs and expenses incurred in enforcing any Patent Rights against alleged infringement by third parties.