Ownership and Licence. (a) Nothing in this agreement affects the ownership of Background Intellectual Property. (b) Funded Intellectual Property vests in the Host Organisation upon its creation. (c) The Host Organisation grants Snow Medical a permanent, irrevocable, free, world-wide, non-exclusive licence (including a right of sub-licence) to use, reproduce, communicate, modify and adapt material in the Fellowship Application, Extension and the Reports for its purposes (excluding Commercialisation). (d) If the Fellowship Application, Extension or a Report contains material belonging to a third party, the Host Organisation must ensure that it has in place all necessary consents sufficient to allow Snow Medical to deal with the third party material in accordance with this agreement.
Appears in 4 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement