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 the LSU Agricultural Center (or subject to an obligation of assignment to the LSU Agricultural Center) 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 the LSU Agricultural Center are current. If the LSU Agricultural Center is a co-owner of an invention that otherwise satisfies this definition, then the LSU Agricultural Center’s part-interest in the invention shall be considered a “Funded Invention.”
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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 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 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

  • Employee Invention means any idea, invention, technique, modification, process, or improvement (whether patentable or not), any industrial design (whether registerable or not), any mask work, however fixed or encoded, that is suitable to be fixed, embedded or programmed in a semiconductor product (whether recordable or not), and any work of authorship (whether or not copyright protection may be obtained for it) created, conceived, or developed by the Executive, either solely or in conjunction with others, during the Employment Period, or a period that includes a portion of the Employment Period, that relates in any reasonable way to, or is useful in any manner in, the business then being conducted or proposed to be conducted by the Employer, and any such item created by the Executive, either solely or in conjunction with others, following termination of the Executive’s employment with the Employer, that is based upon or uses Confidential Information.

  • 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.

  • Excluded Information With respect to any Excluded Controlling Class Mortgage Loan, any information and reports solely relating to such Excluded Controlling Class Mortgage Loan and/or the related Mortgaged Property or portfolio of Mortgaged Properties, including, without limitation, any Asset Status Reports, Final Asset Status Reports (or summaries thereof), any Appraisals, inspection reports (related to Specially Serviced Loans conducted by the Special Servicer or the Excluded Special Servicer, as applicable), any Officer’s Certificates delivered by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.20(c) or Section 4.06(b) supporting a non-recoverability determination, the Operating Advisor Annual Reports, any determination of the Special Servicer’s net present value calculation, any Appraisal Reduction Amount calculations, environmental assessments, seismic reports and property condition reports and such other information and reports designated as Excluded Information (other than such information with respect to such Excluded Controlling Class Mortgage Loan that is aggregated with information of other Mortgage Loans at a pool level) by the Master Servicer, the Special Servicer or the Operating Advisor, as the case may be. For the avoidance of doubt, any file or report contained in the CREFC® Investor Reporting Package (CREFC® IRP) (other than the CREFC® Special Servicer Loan File and CREFC® Special Servicer Property File relating to any Excluded Controlling Class Mortgage Loan) and any Schedule AL Additional File shall not be considered “Excluded Information.” Each of the Master Servicer, the Special Servicer or the Operating Advisor shall deliver any Excluded Information for posting to the Certificate Administrator’s Website to the Certificate Administrator in accordance with Section 3.32 hereof. For the avoidance of doubt, the Certificate Administrator’s obligation to segregate any information delivered to it under the “Excluded Information” tab on the Certificate Administrator’s Website shall be triggered solely by such information being delivered in the manner provided in Section 3.32 hereof.

  • Licensed Information means any information concerning the Licensed Program, which is owned by the Licensor and is licensed to the Licensee together with the Licensed Program. Licensed Information includes such information as input form, user manual, interface format and input/output format and is delivered to and used by the Licensee as confidential information or proprietary property of the Licensor.