Common use of Background Intellectual Property Clause in Contracts

Background Intellectual Property. As between the Parties, and subject to the licenses granted under this Agreement, each Party retains all right, title and interest in and to all intellectual property rights that such Party owns or Controls as of the Effective Date or that it develops or otherwise acquires after the Effective Date and outside the course of the Collaboration.

Background Intellectual Property. As between the Parties, and subject to the licenses granted under this Agreement, each Party retains all rightrights, title title, and interest interests in and to all intellectual property rights Intellectual Property Rights that such Party owns or Controls as of the Effective Date or that it develops or otherwise acquires after the Effective Date and outside the course performance of the Collaborationactivities under this Agreement.

Background Intellectual Property. As between the Parties, and subject to the licenses granted under this Agreement, each Each Party retains all right, title title, ownership and interest in and to all any of its intellectual property rights rights, including all Know-How and Patent Rights, that such Party owns or Controls as of exists prior to the Effective Date or that it develops or otherwise acquires after the Effective Date and outside the course and/or is developed by such Party independent of any use of the CollaborationOcuphire Intellectual Property.

Background Intellectual Property. As between the Parties, and subject to the licenses granted under this Agreement, each Party retains all right, title and interest in and to all intellectual property rights that such Party owns or Controls as of the Effective Date or that it develops or otherwise acquires after the Effective Date and outside the course of the Collaborationactivities conducted pursuant to this Agreement.

Background Intellectual Property. As between the Parties, Except as expressly set forth in this Agreement and subject to the licenses granted under this Agreement, as between the Parties each Party retains shall retain all right, title and interest in and to all the Patent Rights, Know-How and other intellectual property rights that owned by, or licensed by a Third Party to, such Party owns or Controls its Affiliates as of the Effective Date or that it develops or otherwise acquires after thereafter during the Effective Date and outside Term, other than the course of the CollaborationCollaboration Intellectual Property.

Background Intellectual Property. As between the Parties, Each party shall own and subject to the licenses granted under this Agreement, each Party retains all right, title and interest in and to retain all intellectual property rights that (a) owned or controlled by such Party owns or Controls as of party prior to the Effective Date Date, or that it develops (b) developed or otherwise acquires after the Effective Date and acquired by or on behalf of such party outside the course of the Collaborationthis Agreement (“Background IP”).

Background Intellectual Property. As between the Parties, and subject to the licenses granted Other than as specifically provided under this Agreement, each Party retains shall retain all right, title title, and interest in and to all intellectual property rights any Intellectual Property that is owned, licensed or sub-licensed by such Party owns prior to or Controls as independent of the Effective Date or that it develops or otherwise acquires after the Effective Date and outside the course of the Collaborationthis Agreement.