Licensor IP. (i) As among the Parties, each Licensor will have the initial right to file, prosecute and maintain such Licensor’s Licensed Patent Rights. Such activities will be at such Licensor’s expense.
(ii) Subject to any Third Party Rights, in the event that a Licensor declines to file, prosecute or maintain such Licensor’s Licensed Patent Rights, elects to allow any such Patent Rights to lapse, or elects to abandon any such Patent Rights before all appeals within the respective patent office have been exhausted, then:
(A) Such Licensor will provide Regulus with reasonable notice of its decision to decline to file, prosecute or maintain any such Patent Rights or its election to allow any such Patent Rights to lapse, or its election to abandon any such Patent Rights, so as to permit Regulus to decide whether to file, prosecute or maintain the same, and to take any necessary action.
(B) Regulus may assume control of the filing, prosecution and/or maintenance of such Patent Rights in the name of such Licensor, at Regulus’ expense.
(C) Such Licensor will, at Regulus’ expense and reasonable request, assist and cooperate in the filing, prosecution and maintenance of such Patent Rights.
(D) Regulus will provide such Licensor, sufficiently in advance for such Licensor to comment, with copies of all patent applications and other material submissions and correspondence with any patent counsel or patent authorities pertaining to such Patent Rights.
(E) Regulus will give due consideration to the comments of such Licensor, but will have the final say in determining whether or not to incorporate such comments.
(F) Regulus and such Licensor will promptly provide the other with copies of all material correspondence received from any patent counsel or patent authorities pertaining to such Patent Rights.
Licensor IP. All IP Rights, in and to, any information and/or invention which is created, developed or improved by XTL with the use of the License and/or the Licensed Technology, shall become Licensed Technology, be owned solely and exclusively by Licensor, and shall be subject to the License granted to XTL pursuant to the terms of this Agreement.("Licensor IP") . Licensor shall not accept any funding from any third party for research relating or connected to the Licensed Technology without the prior written consent of XTL.
Licensor IP. Licensee acknowledges that, as between Licensee and Licensor, Licensor owns all right, title, and interest, including all intellectual property rights, in and to the Licensor IP.
Licensor IP. For clarity, Licensor shall retain ownership in all right, title and interest in and to all Licensor IP, including Licensed Marks.
Licensor IP. Licensor shall own all right, title, and interest in and to the Licensor IP.
Licensor IP. The Licensee shall not except to the extent expressly permitted under this Agreement:
2.5.1 attempt to modify, duplicate, create derivative works from, or distribute all or any portion of the Licensor Platform (as applicable);
2.5.2 attempt to reverse compile, disassemble, reverse engineer or otherwise reduce to human-perceivable form all or any part of the Licensor Platform;
2.5.3 access all or any part of the Licensor Platform in order to build a product or service which competes with the Licensor Platform;
2.5.4 use the Licensor Platform to provide services to third parties; or
2.5.5 license, sell, rent, lease, transfer, assign, distribute, display, disclose, or otherwise commercially exploit, or otherwise make the Licensor Platform available to any third party.
