Intellectual Assets definition
Examples of Intellectual Assets in a sentence
Notwithstanding anything to the contrary in this Agreement, all Contractor Existing Intellectual Assets, including Intellectual Property embedded therein, remains vested in Contractor.
In accordance with CGIAR IA Principles, the Parties agree that no such IP Applications will be made unless they are necessary for the further improvement of such Intellectual Assets or for the public good.
The items described in Schedule 5.12 and the other Intellectual Assets are adequate to conduct the businesses of each of Quantime and Subsidiary as presently conducted.
Subject to the foregoing, Quantime owns good title to all of the Intellectual Assets.
Each of Quantime and Subsidiary has the sole and exclusive right to use, has the right and power to sell, and has taken reasonable measures to maintain and protect the Intellectual Assets; no claims have been asserted by any individual or entity with respect thereto or challenging or questioning the validity or effectiveness of any license or agreement with respect thereto, and, to the best of the Quantime Insiders' knowledge, there is no valid basis for any such claim.
The Lead Center shall manage intellectual assets in connection with this CRP (which, for purposes of this PIA, shall include associated intellectual property rights) in accordance with the CGIAR Principles on the Management of Intellectual Assets approved as part of the Common Operational Framework and any other Intellectual Property Principles adopted by the Consortium under the Constitution.
Vento has taken reasonable measures to maintain and protect the Intellectual Assets.
The books and records of Vento have been maintained in accordance with commercially reasonable business and bookkeeping practices and accurately reflect in all material respects the business, assets, properties, rights, obligations, liabilities and operations of Vento, other than valuations of any Intellectual Property or Intellectual Assets.
As of the effective date of this Agreement, the parties shall hold all rights, title and interest in and to the Intellectual Assets as equal joint owners, without a duty to account for profits or otherwise compensate the other joint owner.
No Party shall be entitled to rely on any oral or written representations, understandings or agreements among the Parties which are not fully expressed in this Agreement, the Exploitation Agreement and the Background Intellectual Assets Licence, and each Party expressly excludes any liability therefor, except for any such misrepresentations which are made fraudulently.