Common use of Patent Liaisons Clause in Contracts

Patent Liaisons. Promptly (but in no event later than [**]) following the Effective Date, the Parties shall each designate a representative to consult with the other Party’s representative with respect to the Prosecution of the Licensed Patent Rights, Hutchmed Patent Rights, and Joint Combination Therapy Patent Rights (such representatives, the “Patent Liaisons”). The Patent Liaisons shall discuss and provide input to each other, at such times, places and frequencies as mutually agreed, on all material issues with ​ respect to the Prosecution of such Patent Rights; provided that all final decisions related to the Prosecution, enforcement or defense of the Licensed Patent Rights, Hutchmed Patent Rights, and Joint Combination Therapy Patent Rights shall be made by the Party with the right to control such Prosecution, enforcement or defense, as applicable as set forth in this Article 11.

Appears in 1 contract

Sources: License Agreement (HUTCHMED (China) LTD)

Patent Liaisons. Promptly (but in no event later than [**]) following the Effective Date, the Parties shall each designate a representative to consult with the other Party’s representative with respect to the Prosecution of the Licensed Patent Rights, Hutchmed Patent Rights, and Joint Combination Therapy Patent Rights (such representatives, the “Patent Liaisons”). The Patent Liaisons shall discuss and provide input to each other, at such times, places and frequencies as mutually agreed, on all material issues with respect to the Prosecution of such Patent Rights; provided that all final decisions related to the Prosecution, enforcement or defense of the Licensed Patent Rights, Hutchmed Patent Rights, and Joint Combination Therapy Patent Rights shall be made by the Party with the right to control such Prosecution, enforcement or defense, as applicable as set forth in this Article 11.

Appears in 1 contract

Sources: License Agreement (Epizyme, Inc.)