Independent Technology definition

Independent Technology means Technology and associated Intellectual Property Rights owned solely by a Party, which is conceived prior to the Effective Date and/or at any time outside of the course of a Development Program, provided, where such conception occurred after the Effective Date, the owning Party made no use of or reliance upon the other Party’s Technology for such conception or any subsequent reduction to practice.
Independent Technology means Existing Technology and Post-Signature Technology.
Independent Technology means either Party’s technical information, including, but not limited to, all drawings, schematics, layouts, plans, architectures, tools, mathematical models, data, formulae, algorithms, methods, guidelines, practices, prototypes, tests, cell libraries, semiconductor topographies, and reports, as well as all computer software, firmware and hardware, and all Intellectual Property Rights relating thereto, developed, owned, or lawfully possessed by a Party prior to or outside of the scope of, this Agreement. * [***]: Certain information in this document has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. Sonics License

Examples of Independent Technology in a sentence

  • Each Party acknowledges that it acquires no rights under this Agreement to the other Party’s Independent Technology or associated Intellectual Property Rights other than the limited licenses expressly granted in this Agreement.

  • Each Party acknowledges and agrees that, as between the Parties, each Party is and shall remain for all purposes hereunder the sole and exclusive owner of all right, title and interest in and to its Independent Technology and all associated Intellectual Property Rights.

  • As of the date of receipt of that notice, each Party may decide to discontinue disclosing Confidential Information relating to its Independent Technology to the other Party for the pending Development Programs; however, except in the case of a termination the Development Program in question or the entire Agreement, the Parties agree to work together diligently to bring each pending Development Program to a logical and orderly close.


More Definitions of Independent Technology

Independent Technology means the Alector Independent Technology or the GSK Independent Technology.
Independent Technology means Technology solely owned by ---------------------- either Party which is not publicly available and which is in existence and has been incorporated into a PreExisting Product or a Free Product or any other product solely owned by either Party as of the date it is contributed to a Product Appendix pursuant to Paragraph 12.2 ("Technology Exchange").
Independent Technology means technology not based upon or originating from the Technology;
Independent Technology means the Pharmacyclics Independent Technology or the JBI Independent Technology.
Independent Technology means the Agensys Independent Technology and the SGI Independent Technology.
Independent Technology means either Party's technical information, including, but not limited to, all schematics, layouts, plans, architectures, mathematical models, data, formulae, algorithms, methods, guidelines, practices, prototypes, tests, cell libraries, semiconductor topographies, reports as well as all tools, software, firmware and hardware, and all Intellectual Property Rights relating thereto, developed, owned, or possessed either (1) by a Party prior to this Agreement; or (2) at any time by a Party outside of a Project hereunder without the use of the other Party's Confidential Information.
Independent Technology means, with respect to a party, all Technology or Improvements that are owned by such party as of the Effective Date, or acquired or developed by such party independent of the Agreement.