Common use of Background Intellectual Property Clause in Contracts

Background Intellectual Property. It is possible that one or both Parties may possess rights in background intellectual property, that is, intellectual property not otherwise subject to this Agreement, which would be useful or essential to the practice or commercialization of the results of this Agreement. For example, the RI might own a patent which would be infringed by the SBC when it attempted to commercialize the results of this Agreement unless a license was obtained from the RI. Where the Parties determine that background technology may exist, consideration should be given to negotiating license rights which will allow the practice and commercialization of the results of this Agreement.

Background Intellectual Property. It is possible that one or both Parties may possess rights in background intellectual property, that is, intellectual property not otherwise subject to this Agreement, which would be useful or essential to the practice or commercialization of the results of this Agreement. For example, the RI UNIVERSITY might own a patent patent, which would be infringed by the SBC when it attempted to commercialize the results of this Agreement unless a license was obtained from the RIUNIVERSITY. Where the Parties determine that background technology may exist, consideration should be given to negotiating license rights which will allow the practice and commercialization of the results of this Agreement.

Background Intellectual Property. It is possible that one or both Parties may possess rights in background intellectual property, that is, intellectual property not otherwise subject to this Agreement, which would be useful or essential to the practice or commercialization of the results of this Agreement. For example, the RI RU might own a patent which would be infringed by the SBC when it attempted to commercialize the results of this Agreement unless a license was obtained from the RIRU. Where the Parties determine that background technology may exist, consideration should be given to negotiating license rights which will allow the practice and commercialization of the results of this Agreement.

Background Intellectual Property. It is possible that one or both Parties may possess rights in background intellectual property, that is, intellectual property not otherwise subject to this Agreement, which Agreement (“Background Intellectual Property”) that would be useful or essential to the practice or commercialization of the results of this Agreement. For example, the RI might own a patent which that would be infringed by the SBC when it attempted to commercialize the results of this Agreement unless a license was obtained from the RI. Where the Parties determine that background technology may existexists, consideration should shall be given to negotiating license rights which will that would allow the practice and commercialization of the results of this Agreement.

Background Intellectual Property. It is possible that one or both Parties may possess rights in background intellectual property, that is, intellectual property not otherwise subject to this Agreement, which would be useful or essential to the practice or commercialization of the results of this Agreement. For example, the RI UF might own a patent patent, which would be infringed by the SBC COMPANY NAME when it attempted to commercialize the results of this Agreement unless a license was obtained from the RIUF. Where the Parties determine that background technology may exist, consideration should will be given to negotiating license rights rights, which will allow the practice and commercialization of the results of this Agreement.

Background Intellectual Property. It is possible that one or both Parties may possess rights in background intellectual property, that is, intellectual property not otherwise subject to this Agreement, which would be useful or essential to the practice or commercialization of the results of this Agreement. For example, the RI UNIVERSITY might own a patent patent, which would be infringed by the SBC COMPANY when it attempted to commercialize the results of this Agreement unless a license was obtained from the RIUNIVERSITY. Where the Parties determine that background technology may exist, consideration should be given to negotiating license rights which will allow the practice and commercialization of the results of this Agreement.