Patent Prosecution Expenses definition

Patent Prosecution Expenses means all documented out-of-pocket expenses incurred by Institution One for the preparation, filing, prosecution, maintenance, defense and enforcement of Patent Rights.
Sample 1Sample 2Sample 3
Patent Prosecution Expenses means all out-of-pocket expenses incurred by CMCC for the preparation, filing, prosecution, maintenance, and defense or enforcement of Patent Rights, as well as any patent expenses incurred by MIT for the prosecution of Patent Rights prior to the Effective Date of this agreement.
Sample 1Sample 2
Patent Prosecution Expenses means all out-of-pocket expenses for the preparation, filing, prosecution, maintenance, and defence or enforcement of the PATENTS. “INVENTION” shall mean the invention described in the PATENTS. “INVENTORS” shall mean the inventors named in the PATENTS. “KNOW-HOW” shall mean, and be limited to, KFUPM proprietary and unpatented technical information which has been created, developed by INVENTORS on or before the EFFECTIVE DATE, which is directly related to the use of, or desirable for the practice of, the PATENTS. The principal components of the KNOW-HOW is set out in APPENDIX C hereto or may be added and/or amended to APPENDIX C at a later date, if needed for the completion of the testing, in accordance with the provisions of this AGREEMENT and by mutual written agreement of the PARTIES. “LICENSE” shall mean the license under the PATENTS and KNOW-HOW to develop, manufacture, have manufactured, use, offer for sale and have sold any product or service in the TERRITORY and in the FIELD (as set out in APPENDIX B). “NON-COMMERCIAL USE” shall mean academic, teaching and research purposes including sponsored research and collaborations with commercial partners. “OPTION” shall have the meaning set out in Clause 4.1. “OPTION PERIOD” shall mean the period beginning on EFFECTIVE DATE and ending XXXXX calendar days from EFFECTIVE DATE. “TECHNOLOGY” shall mean: a) The INVENTION; b) CONFIDENTIAL INFORMATION or KNOW-HOW provided to the OPTION HOLDER by KFUPM that are concerned with or relate to the INVENTION or the practice of the INVENTION.
Sample 1

Examples of Patent Prosecution Expenses in a sentence

  • Institution Two shall be reimbursed for its Patent Prosecution Expenses from Revenue from such licenses unless reimbursed by the licensee.

  • Therefore, to address security and privacy features efficiently, the SKC and AKC strategies are merged.

  • INSTITUTION shall keep complete and accurate records of all Patent Prosecution Expenses and of all Revenues and shall permit UNIVERSITY to engage a certified public accountant, reasonably acceptable to INSTITUTION, to examine its records (at a time and place mutually agreeable to UNIVERSITY and INSTITUTION and no more than once per year) in order to verify the payments due each of the them under this AGREEMENT.

  • Institution One shall submit to Institution Two itemized invoices for its share of Patent Prosecution Expenses on a quarterly [monthly] basis and Institution Two shall make payment to Institution One within sixty (60) days of the invoice date.

  • Institution Two shall notify Institution One of any errors or discrepancies in the Patent Prosecution Expenses within sixty (60) days of the invoice date.

  • The filing Party shall be reimbursed for its Patent Prosecution Expenses from Revenue unless reimbursed by the licensee.

  • Alternatively, the Parties may agree to have patent counsel invoice each institution directly for its share of Patent Prosecution Expenses.

  • The term “Licensing Revenue” herein means any financial return received in the form of cash by KFUPM from licensing or optioning KFUPM owned IP (see Section 1.3), including but not limited to license issue and maintenance fees, equity (upon liquidation), minimum royalties, earned royalties, milestone payments and the like, but shall not include payments received for reimbursement of Patent Prosecution Expenses or funds received for research support.

  • Any license agreement will include, among other things, the following terms: reimbursement of Patent Prosecution Expenses by the licensee (in the case of an exclusive license), diligence terms (at a minimum, in the case of an exclusive license), indemnification of the Parties by the licensee, a disclaimer of warranties on the part of the Parties, a limitation of the Parties’ liability and a prohibition against the use of the names or insignia of the Parties without the consent of the Parties.

  • Each Party shall remain responsible for its portion of Patent Prosecution Expenses incurred prior to the effective date of termination.

Related to Patent Prosecution Expenses

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • 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 Prosecution means the responsibility and authority for (a) preparing, filing and prosecuting applications (of all types) for any Patent, (b) paying, filing and maintenance fees relating to any Patent, (c) managing any interference, opposition, re-issue, reexamination, revocation, nullification, or cancellation proceeding relating to the foregoing, (d) deciding to abandon Patent(s) and (e) settling any interference, opposition, revocation, nullification or cancellation proceeding.

  • Litigation Expense means any expenses reasonably incurred in connection with investigating, defending or asserting any claim, action, suit or proceeding incident to any matter indemnified against under this Agreement, including, without limitation, court filing fees, court costs, arbitration fees or costs, witness fees, and fees and disbursements of legal counsel, investigators, expert witnesses, accountants and other professionals.

  • Patent Costs means the reasonable fees and expenses paid to outside legal counsel, and filing, maintenance and other reasonable out-of-pocket expenses paid to Third Parties, incurred in connection with the Prosecution and Maintenance of Patent Rights.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Prosecution and Maintenance or “Prosecute and Maintain” means, with regard to a Patent Right, the preparing, filing, prosecuting and maintenance of such Patent Right, as well as handling re-examinations, reissues, and requests for patent term extensions with respect to such Patent Right, together with the conduct of interferences, the defense of oppositions and other similar proceedings with respect to the particular Patent Right. For clarification, “Prosecution and Maintenance” or “Prosecute and Maintain” will not include any other enforcement actions taken with respect to a Patent Right.

  • Class Counsel Litigation Expenses Payment mean the amounts allocated to Class Counsel for reimbursement of reasonable attorneys’ fees and expenses, respectively, incurred to prosecute the Action.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Joint Patents means all Patents claiming any Joint Invention.

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Commercialization Costs means the out-of-pocket costs and expenses incurred by Adapt or its Affiliates directly attributable to, or reasonably allocable to, the Commercialization of a Product. Commercialization Costs for a Product shall include, preparation of promotional, advertising, communication, medical, and educational materials relating to the Product and other Product literature and selling materials, activities directed to marketing of the Product, including purchase of market data, development and conduct of market research, advertising, public relations, public affairs and other communications with Third Parties regarding the Product; development and conduct of sales force training (including materials, programs and travel to and attendance at training programs) for medical representatives responsible for promoting the Product; and development and maintenance of sales bulletins, call reporting and other monitoring/tracking, sales force targeting, validation and alignment programs and documentation.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

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

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Distribution Expenses means, with respect to all rights granted to LGF hereunder, one hundred percent (100%) of the aggregate of all actual, direct, out-of-pocket, third xxxxx costs expended or incurred by LGF in direct connection with the distribution and exploitation of the Picture throughout the Territory in all media, including, without limitation, all DLT Creation Costs, and all conversion, manufacturing, duplication, shipping, marketing, advertising, promotion and publicity costs, and all costs to complete Delivery of the Picture (to the extent (i) LGF elects to cure any failure of Grantor to complete Delivery of the Picture in accordance with the Delivery Schedule and/or (ii) LGF is required to take "access" to any Delivery Materials pursuant to the Delivery Schedule; and/or fiii) Grantor is not required to deliver such elements under the Delivery Schedule).

  • Preservation Expenses Expenditures made by the Servicer in connection with a foreclosed Home Equity Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes, hazard insurance premiums, property restoration or preservation.

  • Registration Expenses means the out-of-pocket expenses of a Registration, including, without limitation, the following:

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Property Protection Expenses Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.04, 3.07, 3.10(f), 3.10(g) or 3.17(b) or indicated herein as being a cost or expense of the Lower-Tier REMIC to be advanced by the Master Servicer or the Trustee, as applicable.

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

  • Prosecution means, with respect to a Patent, preparing, filing, prosecuting and maintaining such Patent, including any interference and opposition proceedings, reissue, post-grant reviews, inter partes review, re-examination and applications for patent term extensions, and all appeals or petitions to any agency, board or court related to any of the foregoing. When used as a verb, “Prosecute” means to engage in Prosecution.

  • Joint Patent means a patent that issues from a Joint Patent Application.