OWNERSHIP OF NEW INTELLECTUAL PROPERTY Sample Clauses
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. All rights and title to all inventions, derivative works, improvements and/or discoveries, including software, know-how, copyright, patent, technology, data, trade secrets, and other intellectual property arising directly or indirectly from the Solutions ("New Intellectual Property Rights") during the Term of this Agreement shall belong to SPS-EFT. To the extent that such New Intellectual Property Rights do not automatically vest in SPS-EFT, MERCHANT hereby assigns and transfers over such rights to SPS-EFT, grants SPS-EFT power of attorney to accomplish all such assignments and transfers and agrees to take any and all actions that SPS-EFT or its counsel deem necessary to transfer and vest good title in such rights in SPS-EFT.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Ownership and treatment of Intellectual Property resulting from the Parties’ activities under the Transaction Agreements shall be as set forth in the License Agreement.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. (1) New Intellectual Property shall promptly be disclosed by Praxis to XXXXXXXXX and thereafter shall be included as part of the Licensed Technology and licensed to XXXXXXXXX pursuant to Section 11.
(2) All expenses connected with preparing, filing, prosecuting, obtaining, maintaining and enforcing intellectual property rights related to the New Intellectual Property shall be borne by XXXXXXXXX.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. All rights and title to all inventions, derivative works, improvements and/or discoveries, including software, know-how, copyright, patent, technology, data, trade secrets, and other intellectual property arising directly or indirectly from the Solutions ("New Intellectual Property Rights") during the Term of this Agreement shall belong to GETI. To the extent that such New Intellectual Property Rights do not automatically vest in GETI, MERCHANT hereby assigns and transfers over such rights to GETI, grants GETI power of attorney to accomplish all such assignments and transfers and agrees to take any and all actions that GETI or its counsel deem necessary to transfer and vest good title in such rights in GETI.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. All rights and title to all inventions, derivative works, improvements and/or discoveries, including software, know-how, copyright, patent, technology, data, trade secrets, and other intellectual property arising from, or related to, directly or indirectly, the Paya EFT services or software ("New Intellectual Property Rights").
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. New Intellectual Property shall be owned by the party inventing such New Intellectual Property as determined under applicable laws. The parties shall jointly own all right, title and interest in and to any and all Joint Inventions.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. (a) Title to all New Intellectual Property that relates to the core intellectual property, know-how and proprietary technology in the field of prostacyclin drugs (“Prostacyclin Field”) owned by Lung Rx, whether patentable or unpatentable, made directly or indirectly by either Party as a result of the collaboration under this Agreement or further collaboration between the Parties on the subject matter of this Agreement, shall be owned solely and exclusively by Lung Rx.
(b) Title to all New Intellectual Property that relates to the core intellectual property, know how, and proprietary technology in the field of pulmonary delivery technologies (“Pulmonary Delivery Field”) owned by Aradigm, whether patentable or unpatentable, made directly or indirectly by either Party as a result of the collaboration under this Agreement or further collaboration between the Parties on the subject matter of this Agreement, shall be owned solely and exclusively by Aradigm.
(c) Title to all New Intellectual Property shall be held by the Party(ies) employing the respective author(s) and/or inventor(s) or to which said author(s) and/or inventor(s) has/have an obligation to assign the subject intellectual property in accordance with U.S. copyright, patent and any other laws addressing intellectual property. Any such New Intellectual Property, to the extent owned by Aradigm, shall be licensed exclusively to Lung Rx within the Prostacyclin Field, and to the extent owned by Lung Rx, shall be licensed exclusively to Aradigm within the Pulmonary Delivery Field, in both cases any such license shall be royalty free and shall subsist for so long as any such right subsists.
(d) Each Party agrees (i) to disclose promptly to the other any and all Patent applications prepared or filed by that Party which applications are directed to either of the stated core technologies and are made directly or indirectly as a result of the collaboration under this Agreement or further collaboration between the Parties on the subject matter of this Agreement, and (ii) promptly upon request by the other Party to execute assignments of intellectual property rights in accordance with this Section.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Additionally, a Type 2A and Type 2B Material Transfer Agreement will deal with the question of ownership of new intellectual property created by the Recipient with the use of the Material. The template Material Transfer Agreement – Commercial identifies three separate clauses to deal with the ownership of new intellectual property created by the Recipient with the use of the Material:
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. The Parties agree that any new Intellectual Property whether or not in the Field, made by either party, in the course of the conduct, or resulting from the performance of, or arising out of the Research Program shall be owned exclusively by CombinatoRx. If either party believes that any new Intellectual Property has been made in the course of the conduct, or resulting from or arising out of the performance of, the Research Program, such party will, within a reasonable period of time thereafter, give notice (the “Invention Notice”) of such new Intellectual Property to the other party; and thereafter CombinatoRx shall determine if the new Intellectual Property is patentable. If CombinatoRx determines that the same is patentable, then CombinatoRx shall prepare, file, prosecute and maintain now and in the future in its sole discretion, the appropriate patent filings in the United States and in such other jurisdictions as CombinatoRx determines after consultation with CFFT.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. (a) Without limiting or qualifying Section 4.02 of this Agreement, the Parties’ respective rights, title and interest with respect to any New Intellectual Property (as defined below) and any modifications or derivative works of and improvements to such New Intellectual Property resulting from the performance of this Agreement by or on behalf of either Party (or its respective Affiliates), including the creation, provision or delivery of any Contributed Property, shall be owned by the Parties in accordance with Section 4.02(b) hereof
(b) For purposes of this Agreement, “New Intellectual Property” means a Party’s or its Affiliates’ Intellectual Property Rights arising after the Effective Date.