Common use of JOINTLY OWNED RESULTS Clause in Contracts

JOINTLY OWNED RESULTS. 8.3.1. Should a Result be jointly owned, and should the co-owners not have executed an agreement pertain- ing to the ownership, or in writing have agreed otherwise, each of the co-owners shall, without any prior consent from and without compensation to the other co-own- er(s), have a right to use and to exploit the jointly owned Result. Such use and/or exploitations may not com- mence until the Result has been treated by the Project Board and, if relevant, a Declaration of Result Ownership has been completed pursuant to Sections 8.2.2 and 8.2.3.

Appears in 1 contract

Samples: Consortium Agreement

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JOINTLY OWNED RESULTS. 8.3.1. Should a Result be jointly owned, and should the co-owners not have executed an agreement pertain- ing to the ownership, or in writing have agreed otherwise, each of the co-owners shall, without any prior consent from and without compensation to the other co-own- er(s), have a right to use and to exploit the jointly owned Result. Such use and/or exploitations may not com- mence until the Result has been treated by the Project Board Steering Committee and, if relevant, a Declaration of Result Ownership Own- ership has been completed pursuant to Sections 8.2.2 and 8.2.3.

Appears in 1 contract

Samples: Consortium Agreement

JOINTLY OWNED RESULTS. 8.3.1. Should a Result be jointly owned, and should the co-owners not have executed an agreement pertain- ing to the ownership, or in writing have agreed otherwise, each of the co-owners shall, without any prior consent from and without compensation to the other co-own- er(s), have a right to use and to exploit the jointly owned Result. Such use and/or exploitations may not com- mence until the Result has been treated by the Project Board and, if relevant, a Declaration of Result Ownership process has been completed pursuant to Sections 8.2.2 and 8.2.3.

Appears in 1 contract

Samples: Consortium Agreement

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JOINTLY OWNED RESULTS. 8.3.1. Should a Result be jointly owned, and should the co-owners not have executed an agreement pertain- ing per- taining to the ownership, or in writing have agreed otherwiseoth- erwise, each of the co-owners shall, without any prior consent from and without compensation to the other co-own- er(sowner(s), have a right to use and to exploit the jointly joint- ly owned Result. Such use and/or exploitations may not com- mence commence until the Result has been treated by the Project Board and, if relevant, a Declaration of Result Ownership process has been completed pursuant to Sections 8.2.2 and 8.2.3.

Appears in 1 contract

Samples: Consortium Agreement

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