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Common use of BMS Clause in Contracts

BMS. BMS shall be the sole owner of any inventions and information resulting from BMS’ use of the Accepted Cell Lines, including any Products, but excluding all Improvements. BMS shall have the sole responsibility, at its discretion, for patent prosecution and choice of patent counsel in relation to such BMS-owned inventions and the Products and shall pay all expenses associated therewith.

Appears in 4 contracts

Samples: Cell Line Collaboration and License Agreement (Athersys, Inc / New), Extended Collaboration and License Agreement (BTHC VI Inc), Extended Collaboration and License Agreement (Athersys, Inc / New)

BMS. BMS shall be the sole owner of any inventions and information resulting from BMS’ use of the Accepted Cell Lines, including any ProductsProducts and General Improvements, but excluding any and all Specific Improvements. BMS shall have the sole responsibility, at its discretion, for patent prosecution and choice of patent counsel in relation to such BMS-owned inventions and the Products and shall pay all expenses associated therewith.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (BTHC VI Inc)