Obtain and maintain the Patents. Until the Option Exercise Date, The School of Pharmacy shall at his own cost and expense: (a) endeavour to obtain and maintain valid patents in the name of The School of Pharmacy pursuant to each of the patent applications listed in Schedule 1 so as to secure the broadest monopoly reasonably available; and (b) pay all renewal fees in respect of the Patents as and when due.
Appears in 1 contract
Sources: Patent and Know How Assignment and License Option Agreement (Somanta Pharmaceuticals Inc.)
Obtain and maintain the Patents. Until the Option Exercise Date, The School of Pharmacy shall at his own cost and expense:
(a) endeavour to obtain and maintain valid patents in the name of The School of Pharmacy pursuant to each of the patent applications listed in Schedule 1 so as to secure the broadest monopoly reasonably available; and
(b) pay all renewal fees in respect of the Patents as and when due.
Appears in 1 contract
Sources: Patent and Know How Assignment and License Option Agreement (Somanta Pharmaceuticals Inc.)