Examples of Xxxxxxxxx Patent Rights in a sentence
AstraZeneca shall not admit the invalidity of any patent within the Xxxxxxxxx Patent Rights, the AstraZeneca Patent Rights or the Joint Patent Rights, nor settle any such suit, without written consent of the other Party, such consent not to be unreasonably withheld or delayed.
AstraZeneca shall be responsible, at its sole cost and expense, for the preparation, filing and prosecution and maintenance of the Xxxxxxxxx Patent Rights in the Territory.
Any such Patent Right abandoned by AstraZeneca under Section 8.4.1 or 8.4.3 shall be deemed to be excluded from the Xxxxxxxxx Patent Rights or Joint Patent Rights, as applicable, and shall thereafter cease to be included within the scope of the licenses granted to AstraZeneca under Section 2.
Each Party will promptly notify the other in the event of any actual, potential or suspected infringement of a patent under the Xxxxxxxxx Patent Rights or the Joint Patent Rights by any Third Party (an “Infringement”).
AstraZeneca shall keep Xxxxxxxxx advised on the status of preparation, filing, prosecution and maintenance of all patent applications included within the Xxxxxxxxx Patent Rights and the maintenance of any issued patents within the Xxxxxxxxx Patent Rights.
Buyer shall have completed Buyer’s review, examination and inspection of the Companies’ assets, business, operations and affairs, as well as the Xxxxxxxxx Patent Rights, as Buyer may consider advisable; provided that Buyer may only terminate this Agreement on account of failure of the condition in this section 3.1.1 if in Buyer’s due diligence investigation, Buyer discovers an event or condition that Buyer reasonably believes in good faith could have a Material Adverse Effect.
Novo Nordisk acknowledges that the U.S. federal government retains a royalty-free, non-exclusive, non-transferable license to practice any government-funded invention claimed in any Xxxxxxxxx Patent Rights as set forth in 35 U.S.C. §§ 201-211, and the regulations promulgated thereunder, as amended, or any successor statutes or regulations.
Xxxxxxxxx shall have the right to sell, assign or otherwise transfer its entire right, title and interest to the patent applications and/or patents within Xxxxxxxxx Patent Rights to a Xxxxxxxxx Affiliate, provided the Affiliate assumes all of the obligations of Xxxxxxxxx hereunder.
Upon receipt of such notice, the Parties shall promptly meet to discuss what actions, if any, should be taken to stop the infringement of the Institute’s Xxxxxxxxx Patent Rights.
Novo Nordisk acknowledges that Xxxxxxxxx retains the right to practice the Xxxxxxxxx Patent Rights for research, teaching, and other educational purposes including use in third-party sponsored research.