Common use of Ownership of Property and Intellectual Property Clause in Contracts

Ownership of Property and Intellectual Property. 3.1 It is hereby acknowledged and agreed that as between the parties any and all property and Intellectual Property Rights in the System and System Know-How is vested in Lonza. Similarly it is hereby acknowledged that as between the parties any and all Intellectual Property Rights in the Product and any gene proprietary to Licensee, or any of its licensors or sublicensees, inserted into the System for the purpose of producing Product, is vested in Licensee, or its applicable licensors and sublicensees.

Ownership of Property and Intellectual Property. 3.1 It is hereby acknowledged and agreed that as between the parties Parties any and all property and Intellectual Property Rights in the System and System Know-How is vested in Lonza. Similarly it is hereby acknowledged that as between the parties Parties any and all Intellectual Property Rights in the Product and any gene sequence proprietary to Licensee, or any of its licensors or sublicensees, inserted into the System for the purpose of producing Product, is vested in Licensee, or its applicable licensors and sublicensees.

Ownership of Property and Intellectual Property. 3.1 It is hereby acknowledged and agreed that as between the parties Parties any and all property and Intellectual Property Rights in the System {***}, the {***}, the Process and System Process Know-How is vested in Lonza. Similarly it is hereby acknowledged that as between the parties Parties any and all Intellectual Property Rights in the Product Product, and any gene proprietary to the Licensee, ’s manufacturing process utilizing the {***} or any the {***} as part of its licensors or sublicensees, inserted into the System process for manufacturing the purpose of producing Product, is vested in Licensee, or its applicable licensors and sublicensees.

Ownership of Property and Intellectual Property. 3.1 It is hereby acknowledged and agreed that as between the parties Parties any and all property and Intellectual Property Rights in the System and System Know-How is vested in Lonza. Similarly it is hereby acknowledged that as between the parties Parties any and all Intellectual Property Rights in the Product and any gene proprietary to Licensee, or any of its licensors or sublicensees, inserted into the System for the purpose of producing Product, is vested in Licensee, or its applicable licensors and sublicensees.

Ownership of Property and Intellectual Property. 3.1 It is hereby acknowledged and agreed that as between the parties Parties any and all property and Intellectual Property Rights in the System and System Know-How is Is vested in Lonza. Similarly it is hereby acknowledged that as between the parties Parties any and all Intellectual Property Rights in the Product and any gene proprietary to Licensee, or any of its licensors or sublicensees, inserted into the System for the purpose of producing Product, is vested in Licensee, or its applicable licensors and sublicensees.