Asthmatx Future IP definition

Asthmatx Future IP means, collectively, and is limited to, the following: (a) Patents (including but not limited to Improvement Patents as defined in Section 4 below) that (i) have an actual filing date that occurs within and during the Sharing Period and (ii) are owned by Asthmatx or assigned to Asthmatx (collectively, “Future Asthmatx Patents”); provided however, that notwithstanding the foregoing, unless otherwise expressly agreed by Asthmatx in writing, the term “Future Asthmatx Patents” shall not include any Patents that Asthmatx may acquire from a third party after the Effective Date pursuant to: (i) a purchase of such Patents by Asthmatx or an Affiliate of Asthmatx (where, for purposes of this clause (i), the assignment of a Patent to Asthmatx by an employee or consultant of Asthmatx in connection with services performed by such employee or consultant for Asthmatx will not be deemed to be a “purchase” of such Patent by Asthmatx); or (ii) a merger or consolidation of Asthmatx or an Affiliate of Asthmatx with such third party or an Affiliate of such third party; and
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Examples of Asthmatx Future IP in a sentence

  • Subject to the confidentiality provisions of Section 11 of this Agreement, Asthmatx will disclose in confidence to Broncus any Asthmatx Future IP that is described in Section 1.7(b)(ii) that may be developed by Asthmatx.

  • During the Sharing Period, a party to this Agreement (“Requesting Party”) shall have the right to request to have filed, have prosecuted, and/or maintained, at the Requesting Party’s sole expense, additional continuing Patents (each, an “Improvement Patent”) based upon (a) Broncus Existing IP and/or Broncus Future IP (if the Requesting Party is Asthmatx) or (b) Asthmatx Existing IP and/or Asthmatx Future IP (if the Requesting Party is Broncus).

  • This Agreement does not impose any obligation on Asthmatx to enforce any Asthmatx Existing IP or any Asthmatx Future IP against any third party or parties at the request of Broncus or otherwise, or to be joined as a party to any action by Broncus to enforce any Asthmatx Existing IP or any Asthmatx Future IP against a third party.

  • Ownership of an Improvement Patent that is based on or derived from Asthmatx Existing IP or Asthmatx Future IP shall reside with Asthmatx.

  • Such disclosure will be made within a reasonable time after such Asthmatx Future IP has been developed and reduced to practice.

Related to Asthmatx Future IP

  • Developed IP means any Intellectual Property Rights that are conceived or reduced to practice, or otherwise created or developed, by or on behalf of a Party, its Affiliates or sublicensees, alone or together with one or more Third Parties, during the Term in connection with the Development, Manufacture, or use of the Compound or any Product.

  • Joint Technology means the Joint Know-How and the Joint Patent Rights.

  • Transferred Technology has the meaning set forth in Section 2.3(a).

  • Licensor Technology means the Licensor Patents, the Licensor Know-How, Licensor Materials, and Non-Patent Rights Controlled by Licensor or its Affiliates embodied in Licensor Know-How or Licensor Materials.

  • Collaboration IP means Collaboration Know-How and Collaboration Patents.

  • Licensee Technology means the Licensee Know-How and Licensee Patents.

  • Developed Technology means any Technology including, without limitation, any enhancements, substitutions or improvements to the Core Technology that is (a) discovered, developed or otherwise acquired by DURA pursuant to the terms of the Development Agreement or (b) otherwise acquired by or on behalf of Xxxxxx Corp. II during the term of the Development Agreement.

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • Joint IP means Joint Know-How and Joint Patent Rights.

  • distributed ledger technology or ‘DLT’ means a technology that enables the operation and use of distributed ledgers;

  • Licensed IP means the Licensed Patents and the Licensed Know-How.

  • Product Technology means the Product Know-How and Product Patents.

  • Collaboration Patent Rights means Patent Rights claiming Collaboration Know-How.

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Parent IP means all Intellectual Property Rights that are owned or purported to be owned by Parent or its Subsidiaries.

  • Excluded Technology means the Technology listed on Exhibit C.

  • Third Party Technology means all Intellectual Property and products owned by third parties and licensed pursuant to Third Party Licenses.

  • Background Technology means all Software, data, know-how, ideas, methodologies, specifications, and other technology in which Contractor owns such Intellectual Property Rights as are necessary for Contractor to grant the rights and licenses set forth in Section 14.1, and for the State (including its licensees, successors and assigns) to exercise such rights and licenses, without violating any right of any Third Party or any Law or incurring any payment obligation to any Third Party. Background Technology must: (a) be identified as Background Technology in the Statement of Work; and (b) have been developed or otherwise acquired by Contractor prior to the date of the Statement of Work, or have been developed by Contractor outside of its performance under the Statement of Work. Background Technology will also include any general consulting tool or methodology created by Contractor, which will not be required to be identified in the Statement of Work.

  • Program Technology means Program Know-How and Program Patents.

  • Foreground IPR means any and all Intellectual Property Rights generated individually by either of the Parties or by jointly both of the Parties in the execution of the Contract.

  • Qualified high-technology business means a business that is either of the following:

  • Business IP means Intellectual Property Rights that are used in and material to the Acquired Business as currently conducted and as currently proposed to be conducted.

  • Assigned Patent Rights means all of the following, whether now owned or hereafter acquired or arising:

  • Joint Inventions has the meaning set forth in Section 9.1.

  • Foreground IP means IP and IP Rights conceived, developed or created by, for or with Seller either alone or with third parties, in the performance of this Contract, including modifications to any Buyer Specification suggested by Seller.

  • After-Acquired Intellectual Property has the meaning assigned to such term in Section 4.02(d).