Common use of Background IP Clause in Contracts

Background IP. Subject always to the rights and licenses expressly granted under this Agreement, each Party would, at all times and as between the Parties, continue to own all rights, title and interest in and to any and all Know-How and Intellectual Property that it owned or Controlled prior to the Effective Date, or which it generates, or to which it obtains rights, outside of this Agreement or outside of the Licenses (“Background IP”) on or after the Effective Date.

Appears in 3 contracts

Samples: Platform Technology Transfer and License Agreement, Platform Technology Transfer and License Agreement (Zymeworks Inc.), Platform Technology Transfer and License Agreement (Zymeworks Inc.)

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Background IP. Subject always to the rights and licenses expressly granted under this Agreementherein, each Party would, at shall retain all times and as between the Parties, continue to own all rightsright, title and interest in and to any all inventions, discoveries and all Know-How and Intellectual Property that it other intellectual property rights owned or Controlled controlled by a Party, or which such Party otherwise has a right to use, prior to the Effective Date, or which it generates, or to which it obtains rights, outside of this Agreement or outside of the Licenses (“Background IP”) on or after the Effective Date.

Appears in 3 contracts

Samples: License Agreement (Ariad Pharmaceuticals Inc), License Agreement (Ariad Pharmaceuticals Inc), License Agreement (Ariad Pharmaceuticals Inc)

Background IP. Subject always to the rights and licenses expressly granted under this Agreement, each Party would, at all times and as between the Parties, continue to own all rights, title and interest in and to any and all Know-How and Intellectual Property intellectual property rights that it owned or Controlled prior to the Effective Date, or which it generates, or to which it obtains rights, outside of this Agreement or outside of the Licenses (“Background IP”) on or after the Effective Date.

Appears in 2 contracts

Samples: License Agreement (Oncorus, Inc.), License Agreement (Oncorus, Inc.)

Background IP. Subject always to the rights and licenses expressly granted under this Agreement, each Party would, at all times and as between the Parties, continue to own shall retain all rights, title title, and interest in interests in, to and to under any and all Know-How Patents and Intellectual Property Information that it owned or are Controlled by such Party prior to the Effective Date, Date or which it generates, or to which it obtains rights, outside independent of this Agreement or outside of the Licenses (“Background IP”) on or after the Effective DateAgreement.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Zai Lab LTD), Collaboration and License Agreement (Argenx Se)

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Background IP. Subject always to the rights and licenses expressly granted under this Agreement, each Party would, at all times and as between the Parties, continue to own shall retain all rights, title title, and interest in interests in, to and to under any and all Know-How and Intellectual Property intellectual property that it owned or Controlled is controlled by such Party prior to the Effective Date, Date or which it generates, or to which it obtains rights, outside independent of this Agreement or outside of the Licenses (“Background IP”) on or after the Effective DateAgreement.

Appears in 1 contract

Samples: Clinical Collaboration and Supply Agreement (Immix Biopharma, Inc.)

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