definiens: means all patents and patent applications in the Territory which cover Captisol, or its composition, manufacture, import, sal e or use, or the composition, manufacture, import, sale or use of Licensed Product, and which now or at any time during the Term are owned by [COMPANY] or any Affiliate of [COMPANY] or licensed to [COMPANY] or any [COMPANY] Affiliate with the right to sublicense, includin g any and all extensions, renewals, continuations, substitutions, continuations -in - part, divisions, patents -of - addition, reissues, reexaminations and/or supplementary protection certificates to any such patent applications and patents . Set forth in Exhibit A attached hereto is a list of the Licensed Patents as of the Effective Date . Such Exhibit A may be updated or corrected by [COMPANY] from time to time during the Term as necessary to make the list complete, provided a failure to so update or correct the list shall not have any effect on the scope of the definition