Jointly Owned Intellectual Property. If any patent applications are filed seeking to protect any Joint Improvements (“Jointly Owned IP”), each Party shall be named as joint inventors.
Jointly Owned Intellectual Property. Except for the Data described in Section 5.1, all deliverables, whether software or otherwise, to the extent originated and prepared by the ITO exclusively in connection with the performance of its obligations under this Agreement shall be, upon payment of all amounts that may be due from LG&E/KU to the ITO, jointly owned by LG&E/KU and ITO (“Jointly-Owned Intellectual Property”). Each Party shall have the right to use the Jointly-Owned Intellectual Property without any right or duty or accounting to the other Party, except as provided in this Section 6.2. Upon the ITO using, transferring or licensing Jointly-Owned Intellectual Property for or to a third party, the ITO shall reimburse LG&E/KU in an equitable manner as determined by the Parties in good faith for the actual amounts paid by LG&E/KU to the ITO that relate to such Jointly-Owned Intellectual Property. Except as stated in the foregoing sentence, the ITO shall have no other obligation to account to LG&E/KU for any such use, transfer, license, disclosure, copying, modifying or enhancing of the Jointly- Owned Intellectual Property. Notwithstanding anything herein to the contrary, LG&E/KU may use the Jointly-Owned Intellectual Property for its internal business purposes, including licensing or transferring its interests therein to a third party for purposes of operating or performing functions in connection with LG&E/KU’s transmission business.
Jointly Owned Intellectual Property. Notwithstanding the foregoing, member and event attendee lists and other data generated from the Program during the Term will be jointly owned by the County and ANSI (“Jointly Owned IP”). At the end of the Term, each Party shall be entitled to possess any Jointly Owned IP.
Jointly Owned Intellectual Property. The Intellectual Property identified on Attachment V hereto (the “Jointly Owned Intellectual Property”) shall be deemed jointly owned by the Parties, with each Party owning an equal and undivided interest in such Jointly Owned Intellectual Property. Each Party shall be entitled to freely use the Jointly Owned Intellectual Property outside of the scope of this Agreement without accounting between them. Any improvements, updates and modifications made to such Jointly Owned Intellectual Property after the Distribution Effective Time shall be owned by the Party making such improvements, updates and modifications, subject to the provisions of Section 2.04(b).
Jointly Owned Intellectual Property. 13.1. Subject to Clause 11.0, in the event that any of the Center’s personnel contributes jointly with the Grant Recipient to the conception or reduction to practice of an Invention during the performance of the Project, then any and all Intellectual Property Rights in the resulting Invention shall be the joint property of the Parties (“Jointly Owned Intellectual Property”) and shall be held by each Party in proportion to its contribution. The Parties agree to promptly execute such documents and do all things as may be necessary to give effect to this Sub Clause and to protect their rights in any Jointly Owned Intellectual Property.
13.2. The Grant Recipient further agrees to provide user support to the Center in respect of such computer software and programmes which may become Jointly Owned Intellectual Property during the Project and to negotiate in good faith the continued provision of such support after the issue of the Completion Certificate or earlier termination of the Grant if so required by the Center.
Jointly Owned Intellectual Property. Subject to the licenses granted to each Party and the rights retained by each Party under Section 2.1, (a) Joint Collaboration Technology shall be owned jointly by Verve and Beam and (b) each Party shall have the non-exclusive right to use Joint Collaboration Know-How, practice the inventions claimed by the Joint Collaboration Patent Rights, and grant licenses under its interest in Joint Collaboration Technology, as it deems appropriate without the consent of or any obligation to the other Party, including any duty to account.
Jointly Owned Intellectual Property. From and after the date of this Agreement, for all material patents and patent applications included in the Acquired Assets in which Seller has a partial or joint-ownership interest (the “Co-Owned Patents”), (i) each Owner shall transfer or caused to be transferred to the Seller, prior to the Closing, such Owner’s or any of its Covered Affiliates’ ownership interest in such Co-Owned Patents, if any, (ii) the Seller and each Owner shall use its commercially reasonable efforts to obtain the Consent of any and all co-owners whose Consents are necessary to transfer and assign Seller’s right, title and interest in the Co-Owned Patents to the Buyer, if any, and (iii) use its commercially reasonable efforts to obtain from all co-owners of the Co-Owned Patents an agreement not to exercise any preemptive right or right-of-first refusal that such co-owner may have to acquire or have acquired the right, title and interest in the Co-Owned Patents not owned by such co-owner if and to the extent that any such rights exist, in the case of clauses (i), (ii) and (iii) solely at the expense of the Seller.
Jointly Owned Intellectual Property. Any proposal for the joint development by the Parties of any new Intellectual Property for the Program shall be approved of in advance by the Management Committee. Unless otherwise agreed in writing by the Parties, the Management Committee shall also determine in advance the respective rights of the Parties with respect to such new Intellectual Property, and may determine that any such new Intellectual Property jointly developed by Bank and Pier 1 in connection with the Program shall be owned jointly and equally thereby (“Jointly Developed Intellectual Property”). Any filings or other actions necessary to protect such Jointly Developed Intellectual Property shall be filed jointly by Bank and Pier 1 and shall identify both such Parties as the owners. Bank and Pier 1 shall cooperate fully, and cause their employees to cooperate fully, with each other in the filing of any such filings or actions and, except as may be otherwise agreed by the Parties in writing, shall share equally all costs and expenses relating to any such filings or actions approved by the Parties. In the event that either Bank or Pier 1 declines to fund its portion of the costs incurred in connection with any such filings or other actions, the other Party may proceed on its own with such filings or other actions, and will own the resulting Intellectual Property.
Jointly Owned Intellectual Property. It is agreed that upon termination of this Agreement any jointly owned product names or other jointly owned-intellectual property (excluding any listing of agents, brokers, subscribers or policyholders associated with the Integrated Product) may not be used by either party until the parties mutually agree otherwise or one party purchases all rights to such intellectual property from the other in accordance with the following procedure. Either party may offer the other party the right to both purchase or sell the intellectual property at a specified price. The party receiving the offer shall have ten (10) business days to elect to purchase or sell such property at such price. Thereafter the parties shall execute a mutually acceptable agreement transferring all rights in the intellectual property accordingly.
Jointly Owned Intellectual Property. Intellectual Property Rights in Newly Developed Technology that are jointly-owned by the Parties pursuant to the terms of this Section 6.3 will be subject to the following terms:
