Ownership of Licensed Intellectual Property. The Company acknowledges that Licensor and its licensors own and shall own all right, title and interest, throughout the world, in and to the Licensed Intellectual Property. The Company shall not take any action that is inconsistent with Licensor's and its licensors’ ownership of the Licensed Intellectual Property. The Company agrees that nothing in this Agreement and no use of the Licensed Intellectual Property by the Company pursuant to this Agreement, shall vest in the Company or be construed to vest in the Company, any right, title or interest in or to the Licensed Intellectual Property other than the express right to Use the Licensed Intellectual Property solely in accordance with the terms and conditions of this Agreement.
Ownership of Licensed Intellectual Property. Subject to the licenses granted by Inhibrx to Licensee under this Agreement, as between the Parties, (a) Inhibrx shall solely own all right, title and interest in and to the Licensed Intellectual Property; (b) each Party shall own all right, title and interest in and to any inventions, works-of-authorship, and developments invented, created or developed solely by such Party in the course of performance of this Agreement; and (c) the Parties shall jointly own all right, title and interest in and to any inventions, works-of-authorship, and developments invented, created or developed jointly by the Parties in the course of performance of this Agreement (the “Joint IP”).
Ownership of Licensed Intellectual Property. This Agreement does not provide ABC with title or ownership to the Licensed Intellectual Property or the Project ECHO Activities, but only the limited rights of use as provided in this Agreement. ABC shall reproduce and include in all copies of the Licensed Intellectual Property the copyright notices and proprietary legends of UNMHSC and/or UNM as they appear in the Licensed Intellectual Property and on media containing the Licensed Intellectual Property.
Ownership of Licensed Intellectual Property. Subject to the licenses granted in Article 2 of this Agreement, each Party will retain all right, title and interest in and to, and ownership of, all Patents and other intellectual property conceived, discovered, developed, reduced to practice, or otherwise made solely by or on behalf of such Party (or its Affiliates. or its or their Sublicensees). Subject to the licenses and other rights granted herein, as between the Parties, each Party will own an equal, undivided interest in any and all Joint Know-how and Joint Patents. Inventorship and ownership rights in Inventions and other Know-how created, developed, conceived and/or reduced to practice after the Effective Date under this Agreement will be determined under the intellectual property laws of the United States, irrespective of where such creation, development, conception, discovery, development or making occurs.
Ownership of Licensed Intellectual Property. The parties hereby ------------------------------------------- confirm that Parent and the members of the Parent Group own all right, title and interest in and to the Covered Intellectual Property, and that other than the Licenses granted to Sub hereunder, Parent and the members of the Parent Group retain all right, title and interest in the Covered Intellectual Property. At all times during the Term, Sub shall, and shall cause the other members of the Sub Group to, at Parent's request, assist Parent in the procurement and maintenance of Parent's rights in the Covered Intellectual Property, including, without limitation, the execution and delivery of all documents and instruments that Parent deems reasonably necessary to protect its rights in the Covered Intellectual Property, and any legends or notices on Sub materials and products as may be required by applicable law or reasonably requested by Parent. In addition, Sub shall not, and shall cause the other members of the Sub Group not to, grant any Person a security interest in the Covered Intellectual Property, or record any such security interest in the United States Patent and Trademark Office or elsewhere.
Ownership of Licensed Intellectual Property. Subject to the licenses granted in Article 2 of this Agreement, each Party will retain all right, title and interest in and to, and ownership of, all inventions, Know-How, Patents and other intellectual property conceived, discovered, developed, reduced to practice, or otherwise made solely by or on behalf of such Party (or its Affiliates or its or their Sublicensees). Subject to the licenses and other rights granted herein, as between the Parties, each Party will own an equal, undivided interest in any and all Joint Know-How and Joint Patents. Except to the extent either Party is restricted by the licenses granted to the other Party under this Agreement, each Party will be entitled to practice, license and assign its interest in the Joint Technology without the duty of accounting or seeking consent from the other Party, and where consent is required, such consent is hereby given. Inventorship and ownership rights in Inventions and other Know-How created, developed, conceived and/or reduced to practice after the Effective Date under this Agreement will be determined under the intellectual property laws of the United States of America, irrespective of where such creation, development, conception, discovery, development or making occurs.
Ownership of Licensed Intellectual Property. Licensee acknowledges that, as between the Parties, Licensor is the sole owner of all right, title and interest in the Licensed Intellectual Property, and that Licensee has and will hereby acquire no rights in the Licensed Intellectual Property other than the specific and limited license rights granted herein.
Ownership of Licensed Intellectual Property. Related Entity Sublicensee acknowledges that the Alliance owns all right, title, and interest in and to the Licensed Intellectual Property and ChildFund Alliance Name and Xxxx, including any registrationsor applications relating thereto. All prior, current, and future use of the Licensed Intellectual Property or the ChildFund Alliance Name and Xxxx by Related Entity Sublicensee, and all goodwill resulting therefrom, shall inure to the benefit of the Alliance. Related Entity Sublicensee shall take no action inconsistent with the Alliance’s ownership of the Licensed Intellectual Property or the ChildFund Alliance Name and Xxxx. Related Entity Sublicensee will cooperate and shall take all steps required by ChildFund Alliance or Member Sublicensor to perfect ownership, including but not limited to assignment or filing non-objections, to the ChildFund Alliance in the Territory.
Ownership of Licensed Intellectual Property. Licensee acknowledges that Licensor is the owner of the Licensed Intellectual Property (including any improvements made thereto by Licensee), and of the goodwill pertaining thereto and that any goodwill arising from Licensee's use of the Licensed Intellectual Property shall inure to the benefit of and shall be the sole and exclusive property of the Licensor and nothing herein shall constitute a transfer of any goodwill now existing or hereafter created related to the Licensed Intellectual Property. Licensee agrees, subject to the rights and privileges granted hereunder, that the same shall remain the sole and exclusive property of Licensor, and upon termination of all or any part of the rights and privileges granted hereunder because of default by Licensee, or otherwise, Licensee will immediately cease and desist from the use of the Licensed Intellectual Property (including any improvements made thereto by Licensee). Upon such termination, Licensee agrees that it will execute all documents and instruments, and make all filings, necessary to assign and transfer to Licensor any and all of its rights in the Licensed Intellectual Property (including any additional rights therein secured by reason of Licensee's use thereof); and upon failure of Licensee to so act, Licensor shall have the right to execute such documents and instruments, and make such filings, on behalf of Licensee, and Licensee hereby appoints Licensor its attorney-in-fact to execute all such documents and instruments, and to make all such filings, and to take all other steps necessary to effect such assignments and transfers in the name, place and stead of Licensee.
Ownership of Licensed Intellectual Property. Licensee acknowledges that Licensor is the owner of the Licensed Intellectual Property, and that the use of the Licensed Marks, as well as any good will established by that use, will inure to the exclusive benefit of Licensor.
