Examples of Transferred Patent in a sentence
The parties hereto acknowledge and agree that this Patent Assignment is entered into pursuant to the Asset Transfer Agreement, to which reference is made for a further statement of the rights and obligations of Assignor and Assignee with respect to the Transferred Patent Assets.
The Royalty Payments shall be payable during the period commencing on the date of the First Commercial Sale of the Product in a country until the expiration of the last to expire Valid Claim of a Transferred Patent or any other patent issued after the date hereof covering the use or sale of the applicable Product in such country (the “Product Patent Rights”) (such period being the “Royalty Term” for the Product in such country).
Following the Closing, Buyer shall perform such acts, abide by such restrictions and provide such information, as are reasonably required for Seller to comply with its obligations under Sections [*] of the [*] Agreement with respect to the Transferred Technology, the Assigned Contract and the Transferred Patent Rights.
Seller has not received written notice concerning the institution or possible institution of any opposition, interference, reexamination, reissue, revocation or nullification involving any Transferred Patent Rights.
Subject to Section 6.6, upon the reasonable request of Buyer, Seller and its patent attorneys and agents will cooperate with Buyer following the Closing Date to prepare any additional documentation required to record and give effect to the assignment of the Transferred Patent Rights in accordance with this Agreement.
Such royalty payments shall cease to be paid by Kips Bay to Medtronic (i) upon the Expiration of all of the patents and patent applications included within the Transferred Patent Rights or Mesh Graft Patent Rights, or (ii) as soon as such cumulative aggregate royalty payments equal One Hundred Million Dollars ($100,000,000).
Responsibility for the patent applications listed in Schedule “B” (the “Transferred Patent Applications”) was transferred to the Company on or around February 2005 and our opinion with respect to the Transferred Patent Applications is restricted to the time period prior to February 2005.
Xxxxxx Estate hereby covenants that, without limiting Assignee’s right set forth elsewhere in this Agreement (including in Section 6.2(d)), Xxxxxx Estate and the other members of the Xxxxxx Estate Group shall not purport to convey to any Third Party any Transferred Patent and/or Transferred Know-How.
PT hereby expressly acknowledges and agrees that the Transferred Patent is transferred and assigned to PT subject to certain license rights retained by Nortel pursuant to the Nortel IPLA, including without limitation Section 2.06 therein.
There are no pending or, to the Knowledge of IncuMed, threatened claims (including interferences, oppositions and similar proceedings) challenging the Transferred Patent Rights or the Durect Intellectual Property nor has IncuMed or, to IncuMed’s Knowledge, its Affiliates received any “offer to license” letters from any Person inviting IncuMed or its Affiliates to license any Third Party Intellectual Property purported to cover Product.