Developed Intellectual Property definition
Examples of Developed Intellectual Property in a sentence
The Developed Intellectual Property shall not include any of the Supplier Background Intellectual Property.
As between Anteris and Switchback, the Product Manufacturing IP shall be owned by Anteris and the Product Manufacturing IP shall be deemed Developed Intellectual Property as defined in Section 6.3. Anteris grants Switchback a limited, exclusive, revocable, non-sublicensable, fully paid-up, royalty-free license to use the Product Manufacturing IP only to Manufacture the Development Products, Clinical Use Products, and Commercial Use Products during the Term.
Switchback hereby irrevocably assigns to Anteris, in each case without additional consideration, all right, title and interest throughout the world in and to the Developed Intellectual Property.
Upon ▇▇▇▇▇▇▇’s request and at Anteris’s expense, Switchback shall promptly take such further actions, including execution and delivery of all appropriate instruments of conveyance, as may be necessary to assist Anteris to prosecute, register, perfect or record its rights in or to the Developed Intellectual Property.