Common use of Exploitation of Foreground Clause in Contracts

Exploitation of Foreground. Subject to Sections 8.5 and 8.6, each Participant shall have the right to exploit such Foreground solely owned by it. Further subject to Sections 8.5 and 8.6, each Participant that owns joint Foreground shall be entitled to use the jointly owned Foreground, unless otherwise agreed in a joint ownership agreement to be concluded between the joint owners before any exploitation of Foreground takes place, for the following purposes: for non-commercial purposes such as academic research and third party research, as well as training and teaching activities, on a royalty-free basis, and without requiring the prior consent of the other joint owner(s); and to grant nonexclusive licences to third parties (without any right to sublicense) for commercial purposes, if the other joint owners are given (i) at least 45 (forty-five) calendar days advance notice and (ii) fair and reasonable compensation taking into account each joint owner’s relative intellectual contribution to the joint Foreground.

Appears in 17 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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Exploitation of Foreground. Subject to Sections 8.5 and 8.6, each Participant shall have the right to exploit such Foreground solely owned by it. Further subject to Sections 8.5 and 8.6, each Participant that owns joint Foreground shall be entitled to use the jointly owned Foreground, unless otherwise agreed in a joint ownership agreement to be concluded between the joint owners before any exploitation of Foreground takes place, for the following purposes: for non-commercial purposes such as academic research and third party research, as well as training and teaching activities, on a royalty-free basis, and without requiring the prior consent of the other joint owner(s); and to grant nonexclusive licences licenses to third parties (without any right to sublicense) for commercial purposes, if the other joint owners are given (i) at least 45 (forty-five) calendar days advance notice and (ii) fair and reasonable compensation taking into account each joint owner’s relative intellectual contribution to the joint Foreground.

Appears in 5 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

Exploitation of Foreground. Subject to Sections 8.5 5.5 and 8.65.6, each Participant Partner shall have the right to exploit such Foreground solely owned by it. Further subject to Sections 8.5 5.5 and 8.65.6, each Participant Partner that owns joint Foreground shall be entitled to use the jointly owned Foreground, unless otherwise agreed in a joint ownership agreement to be concluded between the joint owners before any exploitation of Foreground takes place, for the following purposes: for non-commercial purposes such as academic research and third party research, as well as training and teaching activities, on a royalty-free basis, and without requiring the prior consent of the other joint owner(s); and to grant nonexclusive licences to third parties (without any right to sublicense) for commercial purposes, if the other joint owners are given (i) at least 45 (forty-five) calendar days advance notice and (ii) fair and reasonable compensation taking into account each joint owner’s relative intellectual contribution to the joint Foreground.

Appears in 3 contracts

Samples: Consortium Project Agreement, Consortium Project Agreement, Consortium Project Agreement

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Exploitation of Foreground. Subject to Sections 8.5 and 8.6, each Participant shall have the right to exploit such Foreground solely owned by it. Further subject to Sections 8.5 and 8.6, each Participant that owns joint Foreground shall be entitled to use the jointly owned Foreground, unless otherwise agreed in a joint ownership agreement to be concluded between the joint owners before any exploitation of Foreground takes place, for the following purposes: for non-commercial purposes such as academic research and third party research, as well as training and teaching activities, on a royalty-free basis, and without requiring the prior consent of the other joint owner(s); and to grant nonexclusive non-exclusive licences to third parties (without any right to sublicense) for commercial purposes, if the other joint owners are given (i) at least 45 (forty-five) calendar days advance notice and (ii) fair and reasonable market conform compensation taking into account each joint owner’s relative intellectual contribution to the joint Foreground.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

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