Common use of Ownership of Background Intellectual Property Clause in Contracts

Ownership of Background Intellectual Property. As between the Parties, each Party will solely own (or retain ownership of) all rights, title, and interests in and to all intellectual property to which such Party has rights and that was owned by such Party prior to the Effective Date or that arose outside of activities conducted under this Agreement.

Appears in 2 contracts

Samples: License Agreement (Arcutis Biotherapeutics, Inc.), License Agreement (Arcutis Biotherapeutics, Inc.)

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Ownership of Background Intellectual Property. As between the PartiesEach Party (and its respective Affiliates) shall own all right, each Party will solely own (or retain ownership of) all rights, title, title and interests interest in and to all intellectual property to which such its (and their) respective Background Intellectual Property. Each Party has acknowledges and agrees that, except for the licenses expressly granted in Article 9 below, neither Party (nor their respective Affiliates) shall have any rights and that was owned by such Party prior to to, or licenses under, the Effective Date or that arose outside of activities conducted under this Agreementother Party’s Background Intellectual Property.

Appears in 2 contracts

Samples: Master Collaboration Agreement (Blueprint Medicines Corp), Master Collaboration Agreement (Blueprint Medicines Corp)

Ownership of Background Intellectual Property. As between the Parties, and subject to the licenses granted under this Agreement, each Party will solely own (or retain ownership of) retains all rights, title, and interests in and to all intellectual property to which Patent Rights and Know-How that such Party has rights and that was owned by such Party prior to owns or Controls as of the Effective Date or that arose it develops or otherwise acquires after the Effective Date outside the performance of the activities conducted under this Agreement.

Appears in 1 contract

Samples: License Agreement (Ionis Pharmaceuticals Inc)

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Ownership of Background Intellectual Property. As between the Parties, and subject to the licenses granted under this Agreement, each Party will solely own (or retain ownership of) retains all rights, title, and interests in and to all intellectual property to which Patent Rights and Know-How that such Party has rights and that was owned by such Party prior to owns or Controls as of the Original Effective Date or that arose it develops or otherwise acquires after the Original Effective Date outside the performance of the activities conducted under the Original Agreement during the Original Agreement Term or under this Agreement.

Appears in 1 contract

Samples: License Agreement (Ionis Pharmaceuticals Inc)

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