Common use of Product-Specific Patents Clause in Contracts

Product-Specific Patents. On a Licensed Collaboration Tumor Type-by-Licensed Collaboration Tumor Type basis and for so long as the license granted to Providence under Section 4.1 for such Collaboration Tumor Type remains in effect, Providence shall have the right to determine the Product-Specific Patents for which it will apply for patent extension in any country and/or region for any Product in the Licensed Field. Providence shall file for any such extension at Providence’s cost and expense. Arcturus shall provide all reasonable assistance to Providence in connection with such filings, provided that Providence shall pay or reimburse any out-of-pocket costs incurred by Arcturus in providing such assistance.

Appears in 2 contracts

Sources: Joint Venture, Research Collaboration and License Agreement (Arcturus Therapeutics Ltd.), Joint Venture, Research Collaboration and License Agreement (Arcturus Therapeutics Ltd.)