Product Trademark definition
Examples of Product Trademark in a sentence
Celgene shall assume full responsibility, at its sole cost and expense, for any infringement of a Product Trademark for a Licensed Product by a Third Party (and shall retain in full any recoveries for such infringement) and shall defend and indemnify Acceleron for and against any claims of infringement of the rights of a Third Party by Acceleron’s use of a Product Trademark in connection with a Licensed Product in accordance with the terms of this Agreement.
If PPD has registered any Product Trademarks for any Licensed Product(s) related solely to such Licensed Product(s), upon written request from Xxxxxxx, PPD will cooperate with and execute any reasonable, necessary assignment and transfer documents prepared by Xxxxxxx to effectuate an assignment of the Product Trademark to Xxxxxxx, at Xxxxxxx’x cost for the assignment and transfer documents and any governmental fees for effecting such assignment.
If Xxxxxxx has registered any Product Trademarks for the Licensed Product related solely to such Licensed Product, upon written request from PPD, Xxxxxxx will cooperate with and execute any reasonable and necessary assignment and transfer documents prepared by PPD to effectuate an assignment of the Product Trademark to PPD, at PPD’s cost for the assignment and transfer documents and any governmental fees for effecting such assignment.
Alexion may settle, compromise or otherwise dispose of any such proceeding that concerns the validity of any Product Trademark at its discretion, all costs of which will be considered Commercialization Expenses and all awards in connection therewith will be included in Gross Sales upon receipt.
All goodwill accruing to the Product Trademark as a result of the use of the Product Trademark shall belong solely to Quoin.