Common use of Joint ownership of the foreground Clause in Contracts

Joint ownership of the foreground. 1. Where several beneficiaries have jointly carried out the work generating foreground and where their respective share of the work cannot be ascertained and no individual beneficiary can be identified as the owner of the foreground, such beneficiaries shall have joint ownership of the foreground, unless the beneficiaries agree otherwise. 2. The beneficiaries shall establish an agreement regarding the allocation and terms of exercising the joint ownership and in accordance with the terms of this grant agreement. 3. Where no joint ownership agreement has yet been concluded, the joint owners shall not be entitled to use such foreground for nuclear applications. 4. Where no joint ownership agreement has yet been concluded, and only for non nuclear applications, each of the joint owners shall be entitled to use and to grant non-exclusive licenses to third parties, without any right to sublicense, provided that prior notice has been given to the other joint owners and that a fair and reasonable compensation is provided to them.

Appears in 6 contracts

Samples: Grant Agreement, Framework Partnership Agreement, Framework Partnership Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!