Common use of Reservation of University Rights Clause in Contracts

Reservation of University Rights. University reserves the rights to practice under the Patent Rights or Copyrights for its own internal research, public service, teaching and educational purposes, without payment of royalties, provided that the exercise of such reserved rights by University shall not (a) be subject to any intellectual property rights granted to any commercial third party nor (b) include any human use or clinical administration without prior written approval from Licensee, such approval not to be unreasonably withheld. University shall also retain the rights: (i) to make, use and provide Licensed Products to other academic and nonprofit research institutions for their own internal research, public service, teaching and educational purposes and (ii) to allow other academic and nonprofit research institutions to use Patent Rights or Copyrights for educational and research purposes, provided that University shall require of such third parties that the use of such Licensed Products or practice of the Patent Rights or Copyrights shall not (1) be subject to any intellectual property rights granted to any commercial third party nor (2) include any human use or clinical administration without prior written approval from Licensee, such approval not to be unreasonably withheld.

Appears in 2 contracts

Samples: Carolina Express Exclusive License Agreement, Carolina Express Exclusive License Agreement

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Reservation of University Rights. University reserves the rights to practice under the Patent Rights or Copyrights for its own internal research, public service, teaching and educational purposes, without payment of royalties, provided that the exercise of such reserved rights by University shall not (a) be subject to any intellectual property rights granted to any commercial third party nor (b) include any human use or clinical administration without prior written approval from Licensee, such approval not to be unreasonably withheld. University shall also retain the rights: (i) to make, use and provide Licensed Products to other academic and nonprofit research institutions for their own internal research, public service, teaching and educational purposes and (ii) to allow other academic and nonprofit research institutions to use Patent Rights or Copyrights for educational and research purposes, provided that University shall require of such third parties that the use of such Licensed Products or practice of the Patent Rights or Copyrights shall not (1) be subject to any intellectual property rights granted to any commercial third party nor (2) include any human use or clinical administration without prior written approval from Licensee, such approval not to be unreasonably withheld. University shall be free to publish the results of its research and educational activities as it sees fit.

Appears in 2 contracts

Samples: Carolina Express Exclusive License Agreement, Carolina Express Exclusive License Agreement

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