Common use of Foreign Filings Clause in Contracts

Foreign Filings. It is the expectation of the Parties that foreign filings, other than potentially an initial Patent Cooperation Treaty (PCT) filing, will not be made unless a third party is paying for those costs pursuant to a License Agreement, Option Agreement or otherwise. In the absence of a third party paying for such costs, the Managing Party may file for patent pro­tection in foreign countries, but shall be solely respon­sible for all of the Patent Expenses related thereto (except the initial PCT filing, but no nationalizations thereof) unless the Other Parties expressly agree in writing to share the costs of foreign filings. Notwith­standing the foregoing, Patent Expenses for foreign prosecution are subject to reimbursement under Sections 5.2 and 5.3 out of License Consideration.

Foreign Filings. It is the expectation of the Parties that foreign filings, other than potentially an initial Patent Cooperation Treaty (PCT) filing, will not be made unless a third party is paying for those costs pursuant to a License Agreement, Option Agreement or otherwise. In the absence of a third party paying for such costs, the Managing Party may file for patent pro­tection protection in foreign countries, but shall be solely respon­sible respon- sible for all of the Patent Expenses related thereto (except the initial PCT filing, but no nationalizations thereof) unless the Other Parties expressly agree in writing to share the costs of foreign filings. Notwith­standing Notwithstanding the foregoing, Patent Expenses for foreign prosecution are subject to reimbursement under Sections 5.2 and 5.3 out of License Consideration.