Institution Invention definition

Institution Invention means any discovery, improvement, concept or idea which arises out of work performed pursuant to the Study, including processes, methods, formulae, and techniques. Institution Inventions shall be the sole and exclusive property of Institution. Institution will disclose promptly to Sponsor any and all Institution Inventions, patentable or not, arising out of the work pursuant to the Study and give Sponsor the first option to acquire an exclusive, worldwide, royalty-bearing license to the rights of Institution Invention. This option will expire six (6) months after the Institution’s disclosure of the Institution Invention to the Sponsor.
Institution Invention means any Invention conceived, created, made, and reduced to practice by the Principal Investigator alone or with other Institution participants during the Research Program or withing six months of the termination thereof, but shall not include any Invention relating to Immunicon Technology.
Institution Invention. Section 7.1 "Collaborator Invention" Section 7.1 "

Examples of Institution Invention in a sentence

  • If Sponsor does not exercise the option, or if Sponsor and Institution fail to execute an exclusive license agreement within three (3) months following the expiration of the Negotiation Period, Institution shall be free to license the Institution Invention or Institution’s rights in Joint Inventions to any party upon such terms as Institution deems appropriate.

  • If Sponsor determines that the publication or intended presentation contains patentable subject matter related to an Institution Invention or to a Joint Invention, Institution agrees to postpone publication or presentation for an additional sixty (60) days to permit the filing of a patent application or the deletion of such Confidential Information.

  • Institution shall file, prosecute and maintain, at its own expense and discretion, all U.S. and foreign patent applications and patents issuing thereon claiming any Institution Invention.

  • Upon exercising the option, Sponsor shall be responsible for patent expenses that it has requested Institution to file on the Institution Invention or Joint Invention during the Option Period, Negotiation Period, and the 3 months following the expiration of the Negotiation Period when both parties are in the process of executing the exclusive license agreement.

  • Sponsor shall advise Institution in writing, no later than sixty (60) days following notification of an invention disclosure by Institution’s XXX, whether it requests Institution to file and prosecute patent applications on such Institution Invention or Joint Invention at Sponsor’s expense.

  • Institution’s Office of Technology Transfer and Business Development (XXX) shall promptly notify Sponsor upon receipt of an invention disclosure on an Institution Invention or a Joint Invention.

  • Institution shall control the preparation and prosecution of all patent applications and the maintenance of all patents related to such Institution Invention or Joint Invention.

  • Sponsor shall notify Institution in writing within two (2) months of its receipt of full written disclosure of an Institution Invention if Sponsor wishes to have a patent application filed by Institution with respect to the subject matter of such disclosure.

  • If Collaborator and Institution fail to execute a license agreement within six (6) months after disclosure of the Institution Invention or Joint Invention to Collaborator or if Collaborator fails to make payment for intellectual property expenses as provided for in Section 7.2, Institution shall be free to license the Institution Invention or Institution’s interest in the Joint Invention to any party without any further obligation to Collaborator.

  • Pfizer will accept notification of an Institution Invention in confidence and, for a period of one year or until Institution files a patent application directed to the Institution Invention, whichever occurs first, Pfizer will not disclose it to any third party without written consent from Institution unless required by law (including FDA regulations).


More Definitions of Institution Invention

Institution Invention any Invention that is not a Study Drug Invention.

Related to Institution 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.

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

  • Company Inventions means any Inventions which (a) relate directly to the business of the Company; (b) relate to the Company’s actual or anticipated research or development; (c) result from any work performed by Employee for the Company, for which equipment, supplies, facility or Company Confidential Information is used; or (d) is developed on any Company time.

  • 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.

  • Inventor , in relation to an invention, means the actual deviser of the invention and “joint inventor” shall be construed accordingly;

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

  • 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.

  • Sole Inventions has the meaning set forth in Section 9.1.

  • Collaboration IP means Collaboration Know-How and Collaboration Patents.

  • Developed Technology means any Technology including, without limitation, any enhancements, substitutions or improvements to the Core Technology that is (a) discovered, developed or otherwise acquired by DURA pursuant to the terms of the Development Agreement or (b) otherwise acquired by or on behalf of Xxxxxx Corp. II during the term of the Development Agreement.

  • Patent Application means an application for patent protection for a CRADA Subject Invention with the United States Patent and Trademark Office (“U.S.P.T.O.”) or the corresponding patent-issuing authority of another nation.

  • Therapeutic school means a residential group living facility:

  • Patent Applications means all published and unpublished nonprovisional and provisional patent applications, reexamination proceedings, invention disclosures and records of invention, applications for certificates of invention and priority rights, in any country and regardless of formal name, including without limitation, substitutions, continuations, continuations-in-part, divisions, renewals, revivals, reissues, re-examinations and extensions thereof.

  • Third Party Intellectual Property means the Intellectual Property Rights of a third party which Supplier uses or incorporates into the Work.

  • Intellectual property record means a record, other than a financial or administrative record, that is produced or collected by or for faculty or staff of a state institution of higher learning in the conduct of or as a result of study or research on an educational, commercial, scientific, artistic, technical, or scholarly issue, regardless of whether the study or research was sponsored by the institution alone or in conjunction with a governmental body or private concern, and that has not been publicly released, published, or patented.

  • Developed IP means any Intellectual Property Rights that are conceived or reduced to practice, or otherwise created or developed, by or on behalf of a Party, its Affiliates or sublicensees, alone or together with one or more Third Parties, during the Term in connection with the Development, Manufacture, or use of the Compound or any Product.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Third Party Information means confidential or proprietary information subject to a duty on the Company’s and its affiliates’ part to maintain the confidentiality of such information and to use it only for certain limited purposes.

  • Patent Rights means the rights and interests in and to issued patents and pending patent applications (which, for purposes of this Agreement, include certificates of invention, applications for certificates of invention and priority rights) in any country or region, including all provisional applications, substitutions, continuations, continuations-in-part, divisions, renewals, all letters patent granted thereon, and all reissues, re-examinations and extensions thereof, and all foreign counterparts of any of the foregoing.

  • 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.

  • Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Credit Party in any Intellectual Property.

  • Joint Intellectual Property means, collectively, Joint Know-How and Joint Patents.

  • Proprietary Items as defined in Section 7.2(a)(iv).

  • Proprietary school means a school that uses a certain plan or method to teach a trade, occupation, or vocation for a consideration, reward, or promise of any kind. Proprietary school includes, but is not limited to, a private business, trade, or home study school. Proprietary school does not include any of the following:

  • Product Technology means the Product Know-How and Product Patents.