Funded Invention definition

Funded Invention means any Invention conceived or reduced to practice, constructively or actually, by any Investigator in the course of performance of research or development within the scope of the research contemplated by the Application.
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Funded Invention means any Invention made in the course of research funded in whole or in part by this Society grant.
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Funded Invention means any Invention conceived, made and/or obtained, in whole or in part, by Grantee in the course of, and/or resulting from, research or development funded in whole or in part by this LLS Grant.
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Examples of Funded Invention in a sentence

  • Grantee will license a Funded Invention in accordance with Grantee Policy and established practices.

  • In the event that a CIRM- Funded Invention or CIRM-Funded Technology generates revenue or other consideration (whether from a License Agreement or otherwise), an Awardee must report such revenue or consideration received during the preceding 12-month period or since the last Utilization Report, whichever is longer.

  • Sponsoring Institution agrees that until such time a Funded Invention is exclusively licensed, the Funded Invention shall be made available to other researchers and LLS as non-exclusive royalty-free technology transfer should a request be made to use the Funded Invention for research purposes only.

  • Sponsoring Institution also agrees to provide to LLS a copy of any agreement to which is a party related to the license, lease, sale, assignment or other disposition of a Funded Invention no later than thirty (30) days following the execution of such license agreement.

  • The Society waives the receipt of income until the Net Income from the Funded Invention exceeds $500,000.ii.

  • In the event that Grantee fails to license a Funded Invention within five (5) years from the issuance of a patent for the Funded Invention and the Grantee has determined no viable means of commercialization for Funded Invention, Grantee shall license the Funded Invention, with the right to sublicense, to the Society (under standard Grantee license terms on a royalty free basis).

  • However, should the Society receive any revenue from sublicensing the Funded Invention, it will share that revenue with Grantee on a mutually acceptable basis.

  • Grantee shall notify the Society within thirty (30) days of grant of a license, lease, or other revenue generating agreement involving a Funded Invention.

  • If this report includes only Funded Invention updates from this grant, it must be submitted at the end of each year during the Term, except for the final year of the Term, when it is due within sixty (60) days of when the Grant ends (or, such other date as mutually agreed upon by Sponsoring Institution and the Grantors if, for example, the Grant is extended or terminated early).

  • Once the Net Income from a Funded Invention exceeds $500,000, Grantee shall pay the Society annually a percentage of the Net Income from the Funded Invention that is proportionate to the Society's proportion of the financial support for the research that resulted in the Invention.


More Definitions of Funded Invention

Funded Invention means an invention funded in whole or in part by third-party grants or sponsorships awarded to the College or administered by the College on behalf of the grantee.
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Funded Invention means any Invention conceived, and/or reduced to practice, constructively or actually, by any Investigator in the course of performance of research or development within the scope of the research contemplated by the Application.
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Funded Invention means an invention owned by LSU (or subject to an obligation of assignment to LSU) that is first actually reduced to practice in the scope of the Project, during the Project Period, at a time when Sponsor's financial obligations to LSU are current. If LSU is a co- owner of an invention that otherwise satisfies this definition, then LSU's part-interest in the invention shall be considered a "Funded Invention."
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Funded Invention means any Invention conceived and reduced to practice in the performance of research funded in whole or in part by this Conference grant.
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Funded Invention means any Invention conceived, made, validated, developed and/or reduced to practice, in whole or in part, by Grantee, resulting directly or indirectly from, research or development funded in whole or in part by this LLS grantthat may result in a patent or patent application, additional claims for an existing patent or patent application, or patent rights.
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Funded Invention means any new and useful process, use, article of manufacture, or composition of matter conceived or reduced to practice in the course of FUNDED RESEARCH and which is owned by BTI or an AFFILIATE of BTI or which is licensed to BTI or an AFFILIATE of BTI.
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Related to Funded Invention

  • Subject Invention means any invention of the Contractor conceived or first actually reduced to practice in the performance of work under this Contract, provided that in the case of a variety of plant, the date of determination (as defined in section 41(d) of the Plant Variety Protection Act, 7 U.S.C. 2401(d)) must also occur during the period of Contract performance.

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

  • Background Invention means an Invention conceived and first actually reduced to practice before the Effective Date.

  • Invention means any apparatus, biological processes, cell line, chemical compound, creation, data, development, design, discovery, formula, idea, improvement, innovation, know-how, laboratory notebook, manuscript, process or technique, whether or not patentable or protectable by copyright, or other intellectual property in any form.

  • Controlled technical information means technical information with military or space application that is subject to controls on the access, use, reproduction, modification, performance, display, release, disclosure, or dissemination. Controlled technical information would meet the criteria, if disseminated, for distribution statements B through F using the criteria set forth in DoD Instruction 5230.24, Distribution Statements on Technical Documents. The term does not include information that is lawfully publicly available without restrictions.

  • Inventions means any and all discoveries, developments, enhancements, improvements, concepts, formulas, processes, ideas, writings, whether or not reduced to practice, industrial and other designs, patents, patent applications, provisional patent applications, continuations, continuations-in-part, substitutions, divisionals, reissues, renewals, re-examinations, extensions, supplementary protection certificates or the like, trade secrets or utility models, copyrights and other forms of intellectual property including all applications, registrations and related foreign applications filed and registrations granted thereon.

  • Licensed Nurse means an Oregon licensed practical or registered nurse.

  • Contractor attributional/proprietary information means information that identifies the contractor(s), whether directly or indirectly, by the grouping of information that can be traced back to the contractor(s) (e.g., program description, facility locations), personally identifiable information, as well as trade secrets, commercial or financial information, or other commercially sensitive information that is not customarily shared outside of the company.

  • Collaboration Know-How means all Know-How conceived, discovered, developed or otherwise made by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing (solely or jointly by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing) in the course of [***].

  • Business IP means (a) Owned IP, and (b) Intellectual Property Rights used in or necessary for the operation of the business of the Company or any of its Subsidiaries.

  • Research Results means any technical result acquired based on the Collaborative Research, including, but not limited to, any invention, idea, design, copyrightable work and know-how which relates to the purpose of the Collaborative Research.