Funded IP definition

Funded IP means any Inventions or other intellectual property rights (including, without limitation, copyrights) that both (i) are generated or made (whether conceived or reduced to practice, actually or constructively) during the IP and Revenue Sharing Agreement Term (defined in Section 10 below) and (ii) arise (in whole or in part) in the course of performing the Funded Research by or under the direction of any Investigator, or otherwise from the use of funding provided directly or indirectly by LLS. For clarity, Funded IP includes Modified Background IP, but does not include Background IP that is not otherwise Modified Background IP.
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Funded IP means any Inventions or other intellectual property rights in Inventions, Related Patent Rights, and copyrights that are (i) generated during the IP and Revenue Sharing Agreement Term (defined in Section 10 below) and arising (in whole or in part) from the use of funding provided directly or indirectly by LLS, or(ii) created, conceived or first reduced to practice, constructively or actually, by any Investigator (1) in the course of performing the Sponsored Research during the Term or (2) within twelve (12) months thereafter relating to the Sponsored Research.
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Funded IP means Intellectual Property Rights whose purchase, development or use is funded wholly or partly by the Facility;]
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Examples of Funded IP in a sentence

  • The Institution has appointed the Technology Transfer Office to assist it in the commercial exploitation of Diabetes Funded IP, and as such the Technology Transfer Office has agreed to enter into this Agreement together with the Institution, DUKSL and Diabetes UK.

  • Diabetes UK has requested DUKSL to assist it in exploiting Diabetes UK Funded IP, and as such DUKSL has agreed to enter into this Agreement together with the Institution, the TTO and Diabetes UK.

  • This Agreement shall take effect from whichever is the earlier of the date of last signature of this Agreement or the date that upon which a patent application is filed, and shall terminate on whichever is the later of the expiry of any patent issued in respect of the Diabetes UK Funded IP or when all revenues due in respect of exploitation of the Diabetes UK Funded IP have been distributed to the parties in accordance with the provisions herein.

  • Any sharing of equity between the Host Institution or the Xxxxx Xxxxxx or The British Orthopaedic Association or others (which includes shares, loan stock, debenture stock and options and other interests in a company) which arises from exploitation of The British Orthopaedic Association Funded IP must be agreed with The British Orthopaedic Association.

  • The organisation exploiting the Paget's Association Funded IP will be entitled to receive a percentage of Net Income received as follows (“Technology Transfer Fee”): Cumulative Net Income Technology Transfer Fee £0 to £100,000 30% £100,001 to £500,000 25% Greater than £500,000 20% “Direct Costs” are all costs reasonably incurred by such organisation exclusively attributable to the exploitation of the Paget's Association Funded IP, including patent fees and professional costs.

  • Any sharing of equity between the Host Institution or the Xxxxx Xxxxxx or the Paget's Association or others (which includes shares, loan stock, debenture stock and options and other interests in a company) which arises from exploitation of Paget's Association Funded IP must be agreed with the Paget's Association.

  • The Borrower will comply with all applicable laws, statutes and regulations relating to bribery and corruption, including (but not limited to) the Xxxxxxx Xxx 0000; that if the Facility is used directly or indirectly to purchase or develop any intellectual property rights (the Funded IP), then the Borrower will take all necessary steps to protect such rights and agrees that it will not exploit such rights without obtaining the Lender’s prior written consent.

  • Exploitation includes use for any commercial purpose or any licence, sale, disposal, assignment, materials transfer or other transfer rights of the whole or any part of the Funded IP; to ensure that all Funded Assets and Funded IP are maintained safely and in good repair and will make sure there is adequate insurance cover for all of them, at all times.


More Definitions of Funded IP

Funded IP means Intellectual Property Rights whose purchase, development or use is funded wholly or partly by the Grant;]
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Funded IP means inventions, discoveries, know-how, trade secrets, confidential information, biomaterials, patents, plant variety protection act rights, breeders' rights, or other intellectual or industrial property on a worldwide basis arising our of or developed in the course of the Research Program or any Project.
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Funded IP means any Inventions or other intellectual property rights (including, without limitation, copyrights) that both (i) are generated or made (whether conceived or reduced to practice, actually or constructively) during the CDP IP Agreement Term (defined in Section 9 below) and (ii) arise (in whole or in part) in the course of performing the Funded Research by or under the direction of any Investigator, or otherwise from the use of funding provided directly or indirectly by LLS.
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Related to Funded IP

  • Developed IP means any Intellectual Property Rights that are both: (a) related to a Compound or Product and (b) generated, conceived, discovered or otherwise created by Iterum, its Affiliates or sublicensees alone or together with one or more Third Parties following the Effective Date.

  • Licensed IP means the Intellectual Property owned by any person other than the Corporation and to which the Corporation has a license which has not expired or been terminated;

  • Excluded Intellectual Property means any Intellectual Property (including Software, but excluding Trademarks), owned by Seller and its Affiliates as of the date hereof that is not Acquired IP.

  • Best available control technology or “BACT” means an emissions limitation, including a visible emissions standard, based on the maximum degree of reduction for each regulated NSR pollutant which would be emitted from any proposed major stationary source or major modification which the reviewing authority, on a case-by-case basis, taking into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combination techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 567—subrules 23.1(2) through 23.1(5) (standards for new stationary sources, federal standards for hazardous air pollutants, and federal emissions guidelines), or federal regulations as set forth in 40 CFR Parts 60, 61 and 63 but not yet adopted by the state. If the department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard or combination thereof may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation and shall provide for compliance by means which achieve equivalent results.

  • Excluded License means an open source or other software license that requires, as a condition of license, use, modification, distribution or conveyance, that (a) the code be disclosed or distributed in source code form; (b) others have the right to modify or create derivative works of it; and/or (c) the code becomes redistributable at no charge.

  • Transferred Intellectual Property means (i) all Intellectual Property Rights owned by the Acquired Companies, (ii) the Transferred Trademarks, (iii) the Transferred Patents, (iv) the Transferred Domains, and (v) all other Intellectual Property Rights owned by Sellers or their respective Affiliates as of the Closing Date that are exclusively used in or are exclusively related to the development, manufacture, marketing, use or sale of the Business Products.

  • Internally Generated Cash means, with respect to any period, any cash of Borrower and its Subsidiaries generated during such period, excluding Net Asset Sale Proceeds, Net Insurance/Condemnation Proceeds and any cash that is received from an incurrence of Indebtedness, an issuance of Equity Interests or a capital contribution.

  • Best available technology means those practices which most appropriately remove, treat, or isolate contaminants from groundwater, soil or associated environment, as determined through professional judgment considering actual equipment or techniques currently in use, published technical articles, site hydrogeology and research results, engineering and groundwater professional reference materials, consultation with experts in the field, capital and operating costs, and guidelines or rules of other regulatory agencies.