Covered IP definition

Covered IP means any Intellectual Property Rights that are related to and reasonably necessary for the Use of the Compounds or the Development, manufacture or Commercialization of any Product to the extent such activities are undertaken in connection with activities under this Agreement commencing with the manufacturing of such Compounds and ending with the packaging of cryopreserved Product (including all activities that would be undertaken between such commencing and ending activities). For the avoidance of doubt, Covered IP does not include Intellectual Property Rights solely for Use in conditioning regimens or transfusion protocols.

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Covered IP means any and all Intellectual Property that (i) currently or at any time in the future, is owned or controlled by Participant or its Affiliates, (ii) in the absence of a licence, would be infringed by the work-in-progress of a Work Group, by the content of a Standard or Collateral Materials, or by the implementation of a required portion of a Standard, and (iii) has not been timely excluded by Participant pursuant to an IP Declaration as provided in section 5.B (IP Declaration) or is not the subject of

Covered IP has the meaning in Section 15.1(b).

Examples of Covered IP in a sentence

• Consequently, as of the Transition Date, the Employee will only be obligated to disclose and assign to the Company Covered IP.

• Plan Submitted By Approved By* Settlement Agreement Year Time Period Covered IP May 25, 2021 Sept.

• If ArQule fails to enter into such a license agreement within *** months, then Basilea may negotiate a license to such Covered IP with such Third Party ***, in which case Basilea may then deduct from its Royalty or Milestone payments due to ArQule *** the reasonable costs actually paid by Basilea to such Third Party in connection with negotiating, finalising and executing such license, including any ***.

• The Company covenants and agrees that for so long as there shall be a right of election under this clause (i) the Company shall not sell, assign, license, sublicense or otherwise transfer any of the Covered IP to any Person other than PNU or its designated Affiliate.

More Definitions of Covered IP

Covered IP means all intellectual property rights, including all patent, trademark, copyright and trade secret rights (as defined in the Uniform Trade Secrets Act) in all subject matters created, conceived of or reduced to practice or writing or first fixed in a tangible medium of expression in the course of or as a direct result of research hereunder, including but not limited to such rights in inventions or innovations (whether or not patentable), in all copyright and copyrightable material (unless published in academic or scholarly media or otherwise in the public domain), and all such intellectual property rights inhering in tangible research property such as cell lines, vectors, other biological and agricultural materials, therapeutic agents or pharmaceuticals, medical devices, biological and agricultural materials, therapeutic agents or integrated circuit chips, computer databases and prototype devices, improvements, modifications thereon domestic and foreign, including all continuations, provisionals and divisionals thereof and all applications, registrations and renewals of the foregoing. For the avoidance of doubt, and without limitation, “Covered IP” excludes (a) pre-existing intellectual property; and (b) tangible property of a party to the extent that such tangible property involves only the realization of pre- existing intellectual property and involves de minimus inventive or original effort.

Covered IP means all intellectual property rights, including all patent, trademark, copyright and trade secret rights (as defined in the Uniform Trade Secrets Act) in all subject matters created,