Common use of Research Tools Clause in Contracts

Research Tools. Guidance Note for section 5 of Schedule 3: This section is not intended to be exhaustive, but allows the parties to specify their Materials/ Research Tools for clarity. No rights are granted to the parties in relation to the Research Tools (as Research Tools are excluded from the definition of Pre-existing IPR). Contributing Party Description Use in the Project Guidance Note for section 5.2 of Schedule 3: Each party provides a licence to the other parties to Use its Pre-existing IPR (see clause 9.2). If a party wants to impose restrictions on the other parties' Use of its Pre-existing IPR, the restrictions should be set out in this section. If the Pre-existing IPR is likely to be incorporated into the Project IP or be used by a party as part of its role in the Project, any restrictions should be carefully considered to avoid restricting a party in using the Project IP or undertaking the Project.

Appears in 1 contract

Samples: Party Collaboration Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!