Examples of Product Patent Right in a sentence
Such royalty shall be paid with respect to each country of the world from the date of the first commercial sale (the date of the invoice of Pfizer or any sublicensee of Pfizer with respect to such sale) of such Licensed Product in each such country until the expiration of the last Product Patent Right to expire with respect to each such country and each such Licensed Product.
In the event of any such abandonment, [***], in its sole discretion, may choose to continue the prosecution of such Bayer Product Patent Right at [***] expense.
That Council Procedure Rules (Council Procedure Rule 25.01) be suspended to allow an adjournment of the meeting to enable the Council to sit as an overview and scrutiny committee to consider the Leisure Trust budget proposals under agenda item 10.
In the event MPI provides written notice to SGI expressing its interest in such SGI Product Patent Right in such country, MPI shall thereafter have the right to direct the filing, prosecution and maintenance of such SGI Product Patent Right in such country on SGI’s behalf, and [***].
Upon receipt of such notice by [***], [***] shall be released from any obligation to prosecute the relevant Bayer Product Patent Right.
Notwithstanding the foregoing, if SGI determines that continued prosecution of any SGI Product Patent Right in any country in the Licensed Territory will unreasonably affect SGI’s ability to prosecute and obtain patent protection for any SGI Platform Patent Right in the country in the Licensed Territory, SGI shall have the right, after reasonable consultation with MPI, to [***].
In the event either Party becomes aware of an infringement by a Third Party of a Mersana Patent Right, Mersana Platform Patent Right, Merck Patent Right, Product Patent Right or Joint Patent Right it will promptly notify the other Party.
In such case, upon receipt of a written request by Licensee to assume responsibility for prosecution and maintenance of such Product Patent Right, Licensor shall allow Licensee at its sole cost and expense and by counsel of its own choice, delivered no later than fifteen (15) days after receipt of notice from Licensee to assume such responsibility.
Licensor shall have the right to bring, maintain or settle any action or proceeding to stop Infringement with respect to any Product Patent Right or Licensor Patent Right in connection with any products or services other than any Product Candidates or Products at the control of Licensor and at Licensor’s expense and with counsel selected by Licensor.
In the event that Licensor desires to abandon or cease prosecution or maintenance of any Product Patent Right in the Territory, Licensor shall provide written notice to Licensee of such intention to abandon no later than thirty (30) days prior to the next deadline for any action that must be taken with respect to such Product Patent Right in the relevant patent office.