Common use of Joint Ownership Clause in Contracts

Joint Ownership. If this Account is owned by more than one person, it is agreed it shall be deemed to be held jointly as tenants in common, unless we specify otherwise in the opening or registration. If this is a joint Account, Xxxxxx Xxxxx is authorized to follow the instructions of any owner of this Account. Each owner has authority to instruct Xxxxxx Xxxxx, without notice to the other Account owner(s), to: (i) buy and sell securities, and otherwise deal in securities or other financial instruments, subject to any restrictions on an Account owner’s ability to effect transactions in the Account as otherwise described in our Services Agreement; (ii) receive on behalf of the Account any confirmations, statements and communications, as applicable; (iii) receive and to dispose of money, securities and other property on behalf of the Account, including withdrawing all or any part of the Account funds; (iv) make, terminate or modify agreements relating to these matters or waive any of the provisions relating to these matters or such agreements; and (v) generally deal with Xxxxxx Xxxxx as if each owner alone were the Account owner. Each Account owner agrees to be jointly and severally liable for obligations of the Account. Xxxxxx Xxxxx shall be under no obligation to inquire into the purpose of any Account owner’s direction or demand for delivery of securities or payment of monies. If this Account is held jointly as tenants with rights of survivorship (“Joint Tenancy WROS”), unless otherwise required by law, upon the death of one Account owner, all assets in the Account on the date of the owner’s death vest in and belong to the surviving owner as his or her separate property and estate. To the extent our state(s) of domicile require(s) additional documentation for the Account ownership designation we have selected, we acknowledge the responsibility for obtaining adequate documentation rests with us. We have not relied upon any advice from Xxxxxx Xxxxx or its agents in selecting the joint ownership Account designation and hereby hold Xxxxxx Xxxxx and its agents harmless from any liability relating to or resulting from our selection of the form of joint ownership, or provision of documentation required for such designation and/or Xxxxxx Xxxxx’ distribution of assets in accordance with that designation.

Joint Ownership. If this Account is owned by more than one person, it is agreed it shall be deemed to be held jointly as tenants in common, unless we specify otherwise in the opening or registration. If this is a joint Account, Xxxxxx Xxxxx is authorized to follow the instructions of any owner of this Account. Each owner has authority to instruct Xxxxxx Xxxxx, without notice to the other Account owner(s), to: (i) buy and sell securities, and otherwise deal in securities or other financial instruments, subject to any restrictions on an Account owner’s ability to effect transactions in the Account as otherwise described in our Services Agreement; (ii) receive on behalf of the Account any confirmations, statements and communications, as applicable; (iii) receive and to dispose of money, securities and other property on behalf of the Account, including withdrawing all or any part of the Account funds; (iv) make, terminate or modify agreements relating to these matters or waive any of the provisions relating to these matters or such agreements; and (v) generally deal with Xxxxxx Xxxxx as if each owner alone were the Account owner. Each Account owner agrees to be jointly and severally liable for obligations of the Account. Xxxxxx Xxxxx shall be under no obligation to inquire into the purpose of any Account owner’s direction or demand for delivery of securities or payment of monies. If this Account is held jointly as tenants with rights of survivorship (“Joint Tenancy WROS”), unless otherwise required by law, upon the death of one Account owner, all assets in the Account on the date of the owner’s death vest in and belong to the surviving owner as his or her separate property and estate. To the extent our state(s) of domicile require(s) additional documentation for the Account ownership designation we have selected, we acknowledge the responsibility for obtaining adequate documentation rests with us. We have not relied upon any advice from Xxxxxx Xxxxx or its agents in selecting the joint ownership Account designation and hereby hold Xxxxxx Xxxxx and its agents harmless from any liability relating to or resulting from our selection of the form of joint ownership, or provision of documentation required for such designation and/or Xxxxxx Xxxxx’ distribution of assets in accordance with that designation.

Joint Ownership. If this Account is owned by more than one person, it is agreed it shall be deemed to be held jointly as tenants in common, unless we specify otherwise in the opening or registration. If this is a joint Account, Xxxxxx Xxxxx is authorized to follow the instructions of any owner of this Account. Each owner has authority to instruct Xxxxxx Xxxxx, without notice to the other Account owner(s), to: (i) buy and sell securities, and otherwise deal in securities or other financial instruments, subject to any restrictions on an Account owner’s ability to effect transactions in the Account as otherwise described in our Services Agreement; (ii) receive on behalf of the Account any confirmations, statements and communications, as applicable; (iii) receive and to dispose of money, securities and other property on behalf of the Account, including withdrawing all or any part of the Account funds; (iv) make, terminate or modify agreements relating to these matters or waive any of the provisions relating to these matters or such agreements; and (v) generally deal with Xxxxxx Xxxxx as if each owner alone were the Account owner. Each Account owner agrees to be jointly and severally liable for obligations of the Account. Xxxxxx Xxxxx shall be under no obligation to inquire into the purpose of any Account owner’s direction or demand for delivery of securities or payment of monies. If this Account is held jointly as tenants with rights of survivorship (“Joint Tenancy WROS”“), unless otherwise required by law, upon the death of one Account owner, all assets in the Account on the date of the owner’s death vest in and belong to the surviving owner as his or her separate property and estate. To the extent our state(s) of domicile require(s) additional documentation for the Account ownership designation we have selected, we acknowledge the responsibility for obtaining adequate documentation rests with us. We have not relied upon any advice from Xxxxxx Xxxxx or its agents in selecting the joint ownership Account designation and hereby hold Xxxxxx Xxxxx and its agents harmless from any liability relating to or resulting from our selection of the form of joint ownership, or provision of documentation required for such designation and/or Xxxxxx Xxxxx’ distribution of assets in accordance with that designation.

Joint Ownership. If this Account is owned by more than one person, it is agreed it shall be deemed to be held jointly as tenants in common, unless we specify otherwise in the opening or registration. If this is a joint Account, Xxxxxx Xxxxx is authorized to follow the instructions of any owner of this Account. Each owner has authority to instruct Xxxxxx Xxxxx, without notice to the other Account owner(s), to: (i) buy and sell securities, and otherwise deal in securities or other financial instruments, subject to any restrictions on an Account owner’s ability to effect transactions in the Account as otherwise described in our Services Agreement; (ii) receive on behalf of the Account any confirmations, statements and communications, as applicable; (iii) receive and to dispose of money, securities and other property on behalf of the Account, including withdrawing all or any part of the Account funds; (iv) make, terminate or modify agreements relating to these matters or waive any of the provisions relating to these matters or such agreements; and (v) generally deal with Xxxxxx Xxxxx as if each owner alone were the Account owner. Each Account owner agrees to be jointly and severally liable for obligations of the Account. Xxxxxx Xxxxx shall be under no obligation to inquire into the purpose of any Account owner’s direction or demand for delivery of securities or payment of monies. If this Account is held jointly as tenants with rights of survivorship (“Joint Tenancy WROS”“), unless otherwise required by law, upon the death of one Account owner, all assets in the Account on the date of the owner’s death vest in and belong to the surviving owner as his or her separate property and estate. To the extent our state(s) of domicile require(s) additional documentation for the Account ownership designation we have selected, we acknowledge the responsibility for obtaining adequate documentation rests with us. We have not relied upon any advice from Xxxxxx Xxxxx or its agents in selecting the joint ownership Account designation and hereby hold Xxxxxx Xxxxx and its agents harmless from any liability relating to or resulting from our selection of the form of joint ownership, or provision of documentation required for such designation and/or Xxxxxx Xxxxx’ distribution of assets in accordance with that designation.

Joint Ownership. If this Account is owned by more than one person, it is agreed it shall be deemed to be held ‌ 8.1.1 Where several Parties have jointly as tenants in common, unless we specify otherwise in the opening or registration. If this is a joint Account, Xxxxxx Xxxxx is authorized to follow the instructions of any owner of this Account. Each owner has authority to instruct Xxxxxx Xxxxx, without notice carried out work generating Results and only where their respective share to the other Account owner(s), to: (i) buy and sell securities, and otherwise deal in securities or other financial instruments, subject to any restrictions on an Account owner’s ability to effect transactions in the Account as otherwise described in our Services Agreement; (ii) receive on behalf of the Account any confirmations, statements and communications, as applicable; (iii) receive and to dispose of money, securities and other property on behalf of the Account, including withdrawing all or any part of the Account funds; (iv) make, terminate or modify agreements relating to these matters or waive any of the provisions relating to these matters or such agreements; and (v) generally deal with Xxxxxx Xxxxx as if each owner alone were the Account owner. Each Account owner agrees to Results cannot be jointly and severally liable ascertained for obligations of the Account. Xxxxxx Xxxxx shall be under no obligation to inquire into the purpose of applying for, obtaining and/or maintaining the relevant patent protection or any Account owner’s direction or demand for delivery other intellectual property right, they shall have joint ownership of securities or payment of monies. If this Account is held such jointly as tenants with rights of survivorship owned Results (hereinafter “Joint Tenancy WROSResults”). The joint owners shall, unless otherwise required by law, upon the death of one Account owner, all assets in the Account on within a six (6) month period as from the date of the owner’s death vest generation of such Result, establish a written separate joint ownership agreement regarding the allocation of ownership and terms of exercising, protecting, the division of related costs and exploiting such jointly owned Results on a case by case basis. Until the time a joint ownership agreement has been concluded such Results shall be owned by the joint owners concerned (“Joint Owners”) in and belong equal parts unless a Joint Owner can provide reasonable justification that the ownership shall instead reasonably be divided in another way (x.x.xxx rata to the surviving owner contribution of a Joint Owner to an inventive step, the intellectual contribution of a Joint Owner, the person months, costs spent on the respective work, other financial contribution to the respective work etc.). In accordance with the rules of participation to the H2020 program, a Joint Owner can also assign its share of the Joint Results, once the Joint Result has been generated, to one or some of the Joint Owners as his or her separate property long as the assignment does not prejudice the rights granted under this Consortium Agreement. 8.1.2 The Joint Owners of Joint Results shall use good faith and estate. To the extent our state(s) of domicile require(s) additional documentation reasonable endeavours to agree between them a Joint Ownership agreement for the Account ownership designation we have selectedExploitation of such Joint Results. However, we acknowledge (and subject strictly to the responsibility for obtaining adequate documentation rests with us. We have obligations within this clause) in the event a Joint Ownership agreement (i) has not relied upon any advice from Xxxxxx Xxxxx yet been agreed, or its agents in selecting (ii) the joint ownership Account designation and hereby hold Xxxxxx Xxxxx and its agents harmless from any liability relating Joint Owners are unable to or resulting from our selection reach full agreement within six (6) months of initiating negotiations, each of the form Joint Owners and their Affiliated Entities shall be entitled to exploit their Joint Results for non-commercial research and teaching purposes on a royalty free basis and without requiring the prior consent of joint ownershipthe Joint Owners. Each of the Joint Owners and their Affiliated Entities shall be entitled to Exploit their Joint Results for commercial purposes including to grant non-exclusive licenses to third parties but without the right to sub-license strictly subject to the following conditions: - at least forty five (45) calendar days prior notice must be given to the other Joint Owners before the granting of non-exclusive licenses and - a Fair and Reasonable compensation must be agreed with the other Joint Owner(s). Notwithstanding the above, where such Joint Results incorporates registerable Intellectual Property Rights (such as, but not limited to, a patentable technology) or a Party’s trade secrets or Confidential Information the Joint Owners must establish a Joint Ownership agreement before any commercial Exploitation (including research for the benefit of third parties) is made of the Joint Results. 8.1.3 Unless already agreed in a Joint Ownership agreement according to Section 8.1.2 and subject to Section 8.1.4 below, protection measures, all costs related to applications for patents and other IPR protection, maintenance, costs for bringing actions for infringements and division of related costs of Joint Results shall be agreed between the Joint Owners in advance and all such costs shall be shared between the Joint Owners pro rata to their share in the Joint Results. For the avoidance of doubt, a Joint Owner is entitled to decide not to contribute to such costs for patent and/or other IPR protection. Any of the Joint Owners may raise a request to the other Joint Owner(s). If such request is made, the Joint Owners shall meet to discuss the drafting of the application and in which territories the rights shall be sought. (a) If and when a Joint Owner decides not to contribute, or provision not to continue its contribution, as the case may be, to the costs of documentation required application for or maintenance of patent or other IPR protection for the Joint Results, for one or more countries or territories, it shall be entitled not to contribute, or to discontinue its contribution, provided however that: i) it shall promptly notify the other Joint Owner(s) in writing of its decision; ii) it shall forthwith, without any compensation other than what is regulated in (iii) below, relinquish all its title to and interest in such designation and/or Xxxxxx Xxxxx’ distribution of assets jointly owned patents, patent applications or other registered IPRs protecting such Joint Results for the countries or territories concerned to the other owner(s) who contribute or continue their contribution, as the case may be, to such costs in accordance with that designationSection 8.1.3 above; and iii) it shall lose its rights with respect to such jointly owned patents, patent applications or other registered IPRs, related to the Joint Results, for the countries or territories concerned (within the meaning of Section 8.1.4 (a)) as of the moment of notification, but subject, however, to the retention of a non-transferable, non-exclusive, royalty free licence for implementation of the Project and for Exploitation for the lifetime of the Intellectual Property Right in or for the countries or territories concerned in favour of, and for the use by, such Party as well as such Party’s Affiliated Entities (b) Each Joint Owner of patents or patent applications or other IPRs protecting Joint Results shall at their own expense, have the right to seek or maintain IPR protection for any such jointly owned IPRs if an agreement in accordance with Section 8.1.3 above has not been reached within ninety (90) calendar days of a Joint Owner having notified the other Joint Owner(s) of the fact of a joint invention, or, if an agreement in accordance with Section 8.1.3 above has been reached, beyond the protection which is covered by such agreement, and will in such case have full control over its preparation, prosecution and maintenance, even though title to any issuing patent or other IPR will be joint. Each Joint Owner of patents or patent applications or other IPRs protecting Joint Results shall, at their own risk and expense, have the right to bring an action for infringement of any such jointly owned IPRs.

Joint Ownership. If this Account is owned by more than one person, it is agreed it shall be deemed to be held jointly as tenants in common, unless we specify otherwise in the account opening or registrationregistration documentation. If this is a joint Account, Xxxxxx Xxxxx is authorized to follow the instructions of any owner of this Account. Each owner has authority to instruct Xxxxxx Xxxxx, without notice to the other Account owner(s), to: : (i) buy and sell securities, and otherwise deal in securities or other financial instruments, subject to any restrictions on an Account owner’s ability to effect transactions in the Account as otherwise described in our Services Agreement; (ii) receive on behalf of the Account any confirmations, statements and communications, as applicable; (iii) receive and to dispose of money, securities and other property on behalf of the Account, including withdrawing all or any part of the Account funds; (iv) make, terminate terminate, or modify agreements relating to these matters or waive any of the provisions relating to these matters or such agreements; and (v) generally deal with Xxxxxx Xxxxx as if each owner alone were the Account owner. Each Account owner agrees to be jointly and severally liable for obligations of the Account. Xxxxxx Xxxxx shall be under no obligation to inquire into the purpose of any Account owner’s direction or demand for delivery of securities or payment of monies. If this Account is held jointly as tenants with rights of survivorship (“Joint Tenancy WROS”), unless otherwise required by law, upon the death of one Account owner, all assets in the Account on the date of the owner’s death vest in and belong to the surviving owner as his or her separate property and estate. To the extent our state(s) of domicile require(s) additional documentation for the Account ownership designation we have selected, we acknowledge the responsibility for obtaining adequate documentation rests with us. We have not relied upon any advice from Xxxxxx Xxxxx or its agents in selecting the joint ownership Account designation and hereby hold Xxxxxx Xxxxx and its agents harmless from any liability relating to or resulting from our selection of the form of joint ownership, or provision of documentation required for such designation and/or Xxxxxx Xxxxx’ distribution of assets in accordance with that designation.