Examples of BI Intellectual Property in a sentence
The Parties agree that with respect to the Vitae Intellectual Property Vitae shall be deemed the Disclosing Party, and with respect to BI Intellectual Property BI shall be deemed the Disclosing Party.
The JSC shall discuss whether a planned submission might contain information which compromises the patentability or confidentiality of Vitae Intellectual Property, BI Intellectual Property, BI Product Development Intellectual Property, or Joint Intellectual Property.
All BI Intellectual Property and BI Product Development Intellectual Property shall be and shall remain the exclusive property of BI and its Affiliates.
The JSC shall discuss whether a planned submission might contain information which compromises the patentability or confidentiality of Vitae Intellectual CONFIDENTIAL TREATMENT REQUESTED EXECUTION COPY Property, BI Intellectual Property, BI Life-Cycle Intellectual Property, or Joint Intellectual Property.
All BI Intellectual Property and BI Materials shall be sole and exclusive property of BI and may be used by BI in any manner BI, in its sole discretion, deems appropriate to exercise its rights under this Agreement.
Subject to the terms and conditions of this Agreement, during the Research Term, BI grants to MacroGenics, and MacroGenics accepts, a worldwide, royalty-free non-exclusive license, with the right to grant sublicenses in accordance with Section 5.4, under the BI Intellectual Property solely to the extent necessary to conduct activities assigned to it under each Research Plan.
Without limiting the generality of the foregoing, any of MacroGenics’ rights to MacroGenics Intellectual Property not specifically licensed to BI shall be retained by MacroGenics, and any of BI’s rights to BI Intellectual Property not specifically licensed to MacroGenics shall be retained by BI.
Except as set forth on Schedule 3.12, BI (a) has, or has the legal enforceable right to use, all of the BI Intellectual Property Rights, if the failure to do so would have a Material Adverse Effect, and (b) has not received any written notice asserting that it is infringing any proprietary rights of any third party.
Subject to the terms of this Agreement, during the Research Collaboration Term, BI hereby grants to Zealand Pharma and its Affiliates, a co-exclusive right and license (without any right to sublicense, except as set forth below) under the BI Intellectual Property, the BI Product Development Intellectual [***] Certain information in this document has been omitted and submitted separately to the Securities and Exchange Commission.
BI shall have the right, but not the obligation, to institute, prosecute, and control with its own counsel at its own expense any action or proceeding with respect to infringement of the claims of the BI Intellectual Property.