Examples of Project Patents in a sentence
Any Project Patents arising from the Project Intellectual Property shall be applied for in the name of the Organisation, or its delegated nominee.
This Agreement shall continue for the Useful Life of the Project Patents.
In the event that facts or events are discovered or occur which materially reduce the reasonable evaluation of the commercial value of the Project Patents and commercial viability of the Project, and the Parties have not agreed to terminate this Agreement pursuant to Section 4.1 above, then the Parties shall promptly agree to an economically reasonable reduction in the scope of the Project Description and to a proportionate reduction in the Advances of Section 3.2.
Subject to the licenses granted by Protiva herein, Protiva is and shall at all times remain the owner of the Protiva Intellectual Property, including, for the avoidance of doubt, Protiva Project Patents.
For the avoidance of doubt, for a Combination Product, Net Sales shall be equitably apportioned for the contribution of Protiva Background Patents, Protiva Project Patents and/or Joint Project Patents in the Combination Product in a manner generally consistent with the then-current custom and practice.