Common use of Pre-existing Rights Clause in Contracts

Pre-existing Rights. Each Party acknowledges that any and all Intellectual Property of the other Party existing as of the Effective Date is and shall continue to be owned by such other Party subject only to the licenses granted herein. Notwithstanding any other provision of this Agreement to the contrary, nothing shall be construed herein as transferring any Party’s ownership interest in such intellectual property to the other Party.

Appears in 2 contracts

Samples: License Agreement (Biophan Technologies Inc), License Agreement (Biophan Technologies Inc)

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Pre-existing Rights. Each Party acknowledges that any and all Intellectual Property of the other Party existing as of the Effective Date is and shall continue to be owned by such other Party Party, subject only to the licenses granted herein. Notwithstanding any other provision of under this Agreement to Agreement, the contraryDevelopment Agreement, nothing shall be construed herein as transferring any Party’s ownership interest in such intellectual property to and the other PartyContract Manufacturing Agreement.

Appears in 1 contract

Samples: License Agreement (Osiris Therapeutics, Inc.)

Pre-existing Rights. Each Party acknowledges that any and all Intellectual Property of the other Party existing as of the Effective Date is and shall continue to be owned by such other Party Party, subject only to the licenses granted herein. Notwithstanding any other provision of this Agreement to the contrary, nothing shall be construed herein as transferring any Party’s ownership interest in such intellectual property to the other Partygranted.

Appears in 1 contract

Samples: Development Agreement (Corautus Genetics Inc)

Pre-existing Rights. Each Party acknowledges that any and all Intellectual Property of the other Party existing as of the Effective Date is and shall continue to be owned by such other Party Party, subject only to the licenses granted herein. Notwithstanding any other provision of under this Agreement, the License Agreement to and the contrary, nothing shall be construed herein as transferring any Party’s ownership interest in such intellectual property to the other PartyDevelopment Agreement.

Appears in 1 contract

Samples: Contract Manufacturing Agreement (Osiris Therapeutics, Inc.)

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Pre-existing Rights. Each Party acknowledges that any and all Intellectual Property of the other Party existing as of the Effective Date is and shall continue to be owned by such other Party Party, subject only to the licenses granted herein. Notwithstanding any other provision of under this Agreement, the License Agreement to and the contrary, nothing shall be construed herein as transferring any Party’s ownership interest in such intellectual property to the other PartyContract Manufacturing Agreement.

Appears in 1 contract

Samples: Development Agreement (Osiris Therapeutics, Inc.)

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