Applicable provisions on Intellectual Property pursuant to Clause 16 Sample Clauses

Applicable provisions on Intellectual Property pursuant to Clause 16. 8 In consideration of the Funding provided herein, each of the Institutions hereby grant to ETPL or its nominee, an option (“Option”) to (i) take an exclusive, irrevocable, perpetual, fully paid-up (subject only to revenue sharing provisions stipulated below) license to the Research IP; or (ii) obtain an assignment of all rights, title and interest in and to the Research IP to ETPL or its nominee, where it is determined that such assignment is required for the effective commercialization of the Research IP. The Host Institution shall promptly inform ETPL in writing of all Research IP that may (i) require patent or other forms of intellectual property protection; and/or (ii) have commercial potential. Each Institution and Investigator shall use best efforts to identify and disclose to the Host Institution details of all such Research IP. The Host Institution shall provide ETPL with copies of all relevant invention, technology and Research IP disclosures that it receives from the other Institutions and/ or Investigators together with all other information relating to the Research IP for ETPL's consideration ("the Notification"). ETPL or its nominee may, but shall not be obliged to, exercise the Option. To exercise the Option, ETPL or its nominee shall, within six (6) months of its receipt of the Notification: identify the Research IP to be licensed or assigned; and communicate the exercise of the Option in writing to the Host Institution. In the event that ETPL or its nominee exercises the Option, ETPL or its nominee will determine the appropriate IP Applications to be filed and be responsible for the cost associated therewith. In the case where ETPL exercises its option under paragraph 1(i) above, all IP Applications will be made in the names of the Institutions designated as proprietors of the relevant Research IP as notified to ETPL or its nominee by the Host Institution. The Institutions hereby authorise ETPL or its nominee to file and manage the IP Applications and agree to give ETPL or its nominee reasonable assistance in prosecuting the IP Applications and will execute or cause to be executed all assignments and other instruments and documents as may be necessary or appropriate. Where ETPL or its nominee exercises the Option, ETPL or its nominee agrees that it shall share with the Host Institution fifty percent (50%) of the Net Revenue. The Host Institution shall be responsible for any further sharing and/or distribution of its share of the Net Revenu...
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Applicable provisions on Intellectual Property pursuant to Clause 16. 9 The Institutions may, but shall not be obliged to, appoint A*STAR (acting through its commercialization arm ETPL) to commercialise any Research IP on their behalf. In such event, the following provisions of this Annex 2 shall apply: A*STAR or its nominee may require the Institutions to grant to A*STAR or its nominees (i) an exclusive, irrevocable, perpetual, fully paid-up (subject only to the revenue sharing provisions specified below) licence to such Research IP; or (ii) an assignment of all rights, title and interests in and to such Research IP to A*STAR or its nominee where it is determined by A*STAR or its nominee that this assignment is required for the effective commercialisation of such Research IP. The Host Institution shall promptly inform A*STAR or its nominee in writing of all such Research IP that may (i) require patent or other forms of intellectual property protection; and/or (ii) have commercial potential. Each of the Principal Investigator and Co-Investigators shall use best efforts to identify and disclose to the Host Institution details of all such Research IP. The Host Institution shall provide A*STAR or its nominee with copies of all relevant invention, technology and Intellectual Property disclosures that it may receive from the other Institutions and/ or the Investigators together with all other information relating to the Research IP. All applications for protection of such Research IP will be made in the names of the parties designated by the Host Institution as proprietors of such Research IP. A*STAR or its nominee may, at its option, require the Institutions to authorise A*STAR or its nominee to file and manage the patent and other applications. In such event, the Institutions and Investigators agree to give A*STAR or its nominee reasonable assistance in obtaining protection for such Research IP and in the filing, preparation and prosecution of any patent or other applications filed and shall execute or cause to be executed all assignments and other instruments and documents as may be necessary or appropriate. A*STAR or its nominee agrees to share with the Host Institution fifty percent (50%) of the Net Revenue derived from the commercialisation of all such Research IP. The Host Institution shall be responsible for any further sharing and/or distribution of its share of the Net Revenue with the other Institutions in accordance with any agreement amongst themselves inter se. Each Institution shall be responsible for distributing ...

Related to Applicable provisions on Intellectual Property pursuant to Clause 16

  • Limitations on Subsequent Registration Rights From and after the date of this Agreement, the Company shall not, without the prior written consent of Holders holding a majority of the Registrable Securities enter into any agreement with any holder or prospective holder of any securities of the Company giving such holder or prospective holder any registration rights the terms of which are pari passu with or senior to the registration rights granted to the Holders hereunder.

  • Limitations on Assignment Except as specifically provided in Section 22.02 hereof, this Agreement may not be assigned or otherwise transferred by any of the Parties without the express prior written consent of the ISO Board which consent shall not be unreasonably withheld or delayed. Any person to which an assignment or transfer is made shall be required to demonstrate, to the reasonable satisfaction of the ISO Board, that it is capable of fulfilling the requirements of this Agreement, and such assignee shall pay all costs and expenses, including reasonable attorney fees, in connection with such assignment. Unless otherwise expressly provided in a written instrument approved by the ISO Board in connection with the consummation of such assignment or transfer, any such assignment or other transfer by a Party of any of its rights and obligations under this Agreement shall not release, or in any way modify, the assigning or transferring party’s liability for the performance of its obligations hereunder.

  • Specific Provisions for Access Rights to Software For the avoidance of doubt, the general provisions for Access Rights provided for in this Section 9 are applicable also to Software. Parties’ Access Rights to Software do not include any right to receive source code or object code ported to a certain hardware platform or any right to receive respective Software documentation in any particular form or detail, but only as available from the Party granting the Access Rights.

  • Limitations on License (a) This license is not assignable or transferable by operation of law or otherwise, except as provided in Paragraph "1(b)" hereof, and is limited to the LICENSEE and to the premises.

  • Agreement with Respect to Certain Existing Agreements (a) Subject to the provisions of Section 4.8(b), with respect to agreements existing as of Bank Closing which provide for the rendering of services by or to the Failed Bank, within thirty (30) days after Bank Closing, the Assuming Bank shall give the Receiver written notice specifying whether it elects to assume or not to assume each such agreement. Except as may be otherwise provided in this Article IV, the Assuming Bank agrees to comply with the terms of each such agreement for a period commencing on the day after Bank Closing and ending on: (i) in the case of an agreement that provides for the rendering of services by the Failed Bank, the date which is ninety (90) days after Bank Closing, and (ii) in the case of an agreement that provides for the rendering of services to the Failed Bank, the date which is thirty (30) days after the Assuming Bank has given notice to the Receiver of its election not to assume such agreement; provided, that the Receiver can reasonably make such service agreements available to the Assuming Bank. The Assuming Bank shall be deemed by the Receiver to have assumed agreements for which no notification is timely given. The Receiver agrees to assign, transfer, convey, and deliver to the Assuming Bank all right, title and interest of the Receiver, if any, in and to agreements the Assuming Bank assumes hereunder. In the event the Assuming Bank elects not to accept an assignment of any lease (or sublease) or negotiate a new lease for leased Bank Premises under Section 4.6 and does not otherwise occupy such premises, the provisions of this Section 4.8(a) shall not apply to service agreements related to such premises. The Assuming Bank agrees, during the period it has the use or benefit of any such agreement, promptly to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of such agreement.

  • Restrictions on Assignment Unless otherwise provided in the articles or bylaws, a would-be contributor’s rights under a contribution agreement shall not be assigned, in whole or in part, to a person who was not a member at the time of the assignment, unless all the members approve the assignment by unanimous written consent. 2005 Acts, ch 135, §75; 2012 Acts, ch 1023, §157 Referred to in §501A.1001

  • Limitation of Vendor Indemnification and Similar Clauses This is a requirement of the TIPS Contract and is non-negotiable TIPS, a department of Region 8 Education Service Center, a political subdivision, and local government entity of the State of Texas, is prohibited from indemnifying third-parties (pursuant to the Article 3, Section 52 of the Texas Constitution) except as otherwise specifically provided for by law or as ordered by a court of competent jurisdiction. Article 3, Section 52 of the Texas Constitution states that "no debt shall be created by or on behalf of the State … " and the Texas Attorney General has opined that a contractually imposed obligation of indemnity creates a "debt" in the constitutional sense. Tex. Att'y Gen. Op. No. MW-475 (1982). Thus, contract clauses which require TIPS to indemnify Vendor, pay liquidated damages, pay attorney's fees, waive Vendor's liability, or waive any applicable statute of limitations must be deleted or qualified with ''to the extent permitted by the Constitution and Laws of the State of Texas." Does Vendor agree? Yes, I Agree Alternative Dispute Resolution Limitations This is a requirement of the TIPS Contract and is non-negotiable. TIPS, a department of Region 8 Education Service Center, a political subdivision, and local government entity of the State of Texas, does not agree to binding arbitration as a remedy to dispute and no such provision shall be permitted in this Agreement with TIPS. Vendor agrees that any claim arising out of or related to this Agreement, except those specifically and expressly waived or negotiated within this Agreement, may be subject to non-binding mediation at the request of either party to be conducted by a mutually agreed upon mediator as prerequisite to the filing of any lawsuit arising out of or related to this Agreement. Mediation shall be held in either Camp or Titus County, Texas. Agreements reached in mediation will be subject to the approval by the Region 8 ESC's Board of Directors, authorized signature of the Parties if approved by the Board of Directors, and, once approved by the Board of Directors and properly signed, shall thereafter be enforceable as provided by the laws of the State of Texas. Does Vendor agree? Yes, Vendor agrees Does Vendor agree? Yes, Vendor agrees No Waiver of TIPS Immunity This is a requirement of the TIPS Contract and is non-negotiable. Vendor agrees that nothing in this Agreement shall be construed as a waiver of sovereign or government immunity; nor constitute or be construed as a waiver of any of the privileges, rights, defenses, remedies, or immunities available to Region 8 Education Service Center or its TIPS Department. The failure to enforce, or any delay in the enforcement, of any privileges, rights, defenses, remedies, or immunities available to Region 8 Education Service Center or its TIPS Department under this Agreement or under applicable law shall not constitute a waiver of such privileges, rights, defenses, remedies, or immunities or be considered as a basis for estoppel. 5 Does Vendor agree? Yes, Vendor agrees Payment Terms and Funding Out Clause This is a requirement of the TIPS Contract and is non-negotiable. Vendor agrees that TIPS and TIPS Members shall not be liable for interest or late-payment fees on past-due balances at a rate higher than permitted by the laws or regulations of the jurisdiction of the TIPS Member. Funding-Out Clause: Vendor agrees to abide by the applicable laws and regulations, including but not limited to Texas Local Government Code § 271.903, or any other statutory or regulatory limitation of the jurisdiction of any TIPS Member, which requires that contracts approved by TIPS or a TIPS Member are subject to the budgeting and appropriation of currently available funds by the entity or its governing body. 2

  • Terms and Conditions on Any Consent Any consent or approval that the LHIN may grant under this Agreement is subject to such terms and conditions as the LHIN may reasonably require.

  • Conditions on Permitted Transfers In the event a Holder proposes to sell or transfer a Note, the Company may, but shall not be required to, impose reasonable conditions on such sale or transfer including, but not limited, to: (i) Notes may be transferred only in whole units, i.e., fractions of Notes may not be transferred; (ii) the transferee shall agree in writing to be bound by this Revenue Sharing Agreement; (iii) the transferor shall provide the Company with an opinion of counsel, satisfactory in form and substance to the Company’s counsel, stating that the transfer is exempt from registration under the Securities Act of 1933 and other applicable securities laws; and (iv) the transferor and transferee shall together pay in advance for any reasonable expenses the Company expects to incur in connection with the transfer, including attorneys’ fees.

  • Certification of Funds; Budget and Fiscal Provisions; Termination in the Event of Non-Appropriation This Agreement is subject to the budget and fiscal provisions of the City’s Charter. Charges will accrue only after prior written authorization certified by the Controller, and the amount of City’s obligation hereunder shall not at any time exceed the amount certified for the purpose and period stated in such advance authorization. This Agreement will terminate without penalty, liability or expense of any kind to City at the end of any fiscal year if funds are not appropriated for the next succeeding fiscal year. If funds are appropriated for a portion of the fiscal year, this Agreement will terminate, without penalty, liability or expense of any kind at the end of the term for which funds are appropriated. City has no obligation to make appropriations for this Agreement in lieu of appropriations for new or other agreements. City budget decisions are subject to the discretion of the Mayor and the Board of Supervisors. Contractor’s assumption of risk of possible non-appropriation is part of the consideration for this Agreement. THIS SECTION CONTROLS AGAINST ANY AND ALL OTHER PROVISIONS OF THIS AGREEMENT.

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