Essential IP definition

Essential IP means the Intellectual Property Rights of any third parties in industry recognized standards, protected in any jurisdiction, which would be inherently infringed by the manufacture, design, use, or sale of a device made in compliance with such industry recognized standards.
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Essential IP means IPR (as defined in the ETSI Guide on IPRs 1.9.2004 namely Intellectual Property including copyrights, patents, utility models, registered designs and applications for any of these but excluding trade marks, trade secrets, confidential information and rights relating to get-up (packaging)), without which it would not be possible on technical (but not commercial) grounds, taking into account normal technical practice and the state of the art generally available at the time of standardisation, to make, sell, lease, otherwise dispose of, repair, use or operate equipment or methods which comply with a standard (namely any standard adopted by ETSI or by 3GPP (the Third Generation Partnership Project) or any other organisational partner of 3GPP) without infringing that IPR;
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Examples of Essential IP in a sentence

  • Customer shall be responsible for obtaining any necessary license or other rights and for paying any royalties or license fees in connection with any third party technology and any Intellectual Property Rights therein (including any Essential IP) incorporated in the Deliverables or Product, and for providing adequate assurances to Flex, upon Flex’s request that Customer has secured such rights or paid such royalties or fees.

Related to Essential IP

  • Proprietary Software means computer software developed for and owned by the Failed Bank for its own purpose and use.

  • Background IP means all IP and IP Rights owned or controlled by Seller prior to the effective date or outside the scope of this Contract.

  • Proprietary Information shall have the same meaning as Confidential Information.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Essential Services means the following services: HVAC service, water, sewer and electricity, but in each case only to the extent that Landlord has an obligation to provide same to Tenant under this Lease. The provisions of this paragraph shall only apply as long as the original Tenant is the tenant occupying the Premises under this Lease and shall not apply to any assignee or sublessee.