THE UNDERSTANDING ON INTELLECTUAL PROPERTY Sample Clauses

THE UNDERSTANDING ON INTELLECTUAL PROPERTY. 5.1 It is not expected that Intellectual Property shall be generated in the Project. 5.2 In the event Arising IP is conceived or first actually reduced to practice by a UK Partner at the LIGO Laboratory facilities, that Party shall inform the director of the LIGO Laboratory. In such an event a legally binding agreement separate from this MOU may be required. It is, however, expected that this separate agreement shall permit each of the other Parties the right to use such Arising IP for non- commercial research purposes on a royalty free basis. 5.3 All Background IP used or supplied to another Party in connection with the Project shall remain the property of the Party introducing the same and may only be used by the recipient Party / Parties for the purposes of the Project.
Sample 1
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THE UNDERSTANDING ON INTELLECTUAL PROPERTY. It is not expected that Intellectual Property shall be generated in the Project. In the event Arising IP is conceived or first actually reduced to practice by a UK Partner at the LIGO Laboratory facilities, that Party shall inform the director of the LIGO Laboratory. In such an event a legally binding agreement separate from this MOU may be required. It is, however, expected that this separate agreement shall permit each of the other Parties the right to use such Arising IP for non-commercial research purposes on a royalty free basis.
Sample 1

Related to THE UNDERSTANDING ON INTELLECTUAL PROPERTY

  • Documents & Data; Licensing of Intellectual Property This Agreement creates a non-exclusive and perpetual license for City to copy, use, modify, reuse, or sublicense any and all copyrights, designs, and other intellectual property embodied in plans, specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings or data magnetically, electronically or otherwise recorded or stored, which are prepared or caused to be prepared by Consultant under this Agreement (“Documents & Data”). All Documents & Data shall be and remain the property of City, and shall not be used in whole or in substantial part by Consultant on other projects without the City's express written permission. Within thirty (30) days following the completion, suspension, abandonment or termination of this Agreement, Consultant shall provide to City reproducible copies of all Documents & Data, in a form and amount required by City. City reserves the right to select the method of document reproduction and to establish where the reproduction will be accomplished. The reproduction expense shall be borne by City at the actual cost of duplication. In the event of a dispute regarding the amount of compensation to which the Consultant is entitled under the termination provisions of this Agreement, Consultant shall provide all Documents & Data to City upon payment of the undisputed amount. Consultant shall have no right to retain or fail to provide to City any such documents pending resolution of the dispute. In addition, Consultant shall retain copies of all Documents & Data on file for a minimum of five (5) years following completion of the Project, and shall make copies available to City upon the payment of actual reasonable duplication costs. In addition, before destroying the Documents & Data following this retention period, Consultant shall make a reasonable effort to notify City and provide City with the opportunity to obtain the documents.

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