Patent Assertion definition
Examples of Patent Assertion in a sentence
Solutions to the Non-Practicing Entity Patent Assertion Problem: The Risks for Biotechnology and Pharmaceuticals, 39 DEL.
In the event that Licensee makes a Qualifying Patent Assertion against Polycom or any of its subsidiaries, Polycom may immediately terminate all patent rights conveyed herein.
Polycom agrees that in the event that it asserts Licensed Patents against Licensee, Polycom will not request or demand an injunction with respect to Licensed Patents unless Licensee has requested or demanded an injunction as part of its Qualifying Patent Assertion (or in subsequent related assertions).
Polycom further agrees that in the event that it asserts Licensed Patents against Licensee, that any license terms for the Licensed Patents will not exceed reasonable terms and conditions that are demonstrably free of any unfair discrimination, provided that Licensee agrees to the same for any of the patents in the Qualifying Patent Assertion.
A Qualifying Patent Assertion is an accusation of patent infringement qualifying under 35 U.S.C. §287 as notice in the event of a failure to ▇▇▇▇ and wherein the accusation regards making, using, selling or importing a Polycom product or service, or a component thereof.
The parties acknowledge that the intent of this section is to give Polycom the right to assert Licensed Patents against Licensee in the event that Licensee Makes a Qualifying Patent Assertion.
The Defending Member will indemnify the Owner Member and COPA (if applicable) for all reasonable costs, attorneys’ fees, expenses, judgements, awards and other amounts incurred by the Owner Member or COPA (if applicable) with respect to the Defensive Patent Assertion.
If there are more than one Defending Members involved in a particular Defensive Patent Assertion, they may agree on the allocation of costs and fees among themselves.
The Defending Member will bear all of its own costs and fees associated with the Defensive Patent Assertion (including all litigation expenses, legal fees, fees related to any United States Patent and Trademark Office or similar non-U.S. government agency action, and expert and consultant fees).
It is COPA’s and the Members’ intention that if COPA receives the rights to assert the Transferred Patent, COPA will (i) assert the Transferred Patent against the Asserting Entity, and (ii) pursue the assertion for the benefit of the Defending Member with respect to the Defending Member’s Offensive Patent Assertion.