Inventing Party definition

Inventing Party means the Party employing or sponsoring the inventor(s) of a Subject Invention.

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Inventing Party is defined as the organization whose Participating Researcher is an inventor or creator of Intellectual Property.

Inventing Party means the party that conceives or first actually reduces to practice an Invention while performing work under, and during the term of, this Agreement.

Examples of Inventing Party in a sentence

In any country where the Inventing Party decides not to obtain such rights, the other Parties have the right to do so upon the condition mutually agreed among the Parties regarding the share of interests in the Invention.
Ownership will follow the applicable policies of the Inventing Party.
To that end, the Inventing Party will execute, verify, and deliver such documents and perform such other acts (including appearances as a witness) as the Owning Party may reasonably request for use in applying for, obtaining, perfecting, evidencing, sustaining, and enforcing such Intellectual Property rights in the Invention and the assignment thereof.
Nothing contained herein shall require the Inventing Party to license to the other Party any technology other than the Derivative Invention itself.
The commercially reasonable terms" shall also give full recognition, in favor of the Inventing Party, to the value of the inventive application of such Technology.
In addition, at the Owning Party’s request and expense (to the extent of any out of-pocket expenses), the Inventing Party agrees to cooperate with the Owning Party or its designee(s), both during and after the term of this Agreement, in the procurement and maintenance of the Owning Party’s rights in such Invention and to assist the Owning Party in every proper way to obtain, and from time to time enforce, Intellectual Property rights relating to such Invention in any and all countries.
As soon as an Inventing Party determines that an Invention may have been made, it shall promptly inform the other Party in writing and then provide a summary of the possible Invention as soon as possible and in no event no later than the date of filing a priority patent application for the Invention.
Each Party (“Inventing Party”) shall promptly disclose to the other Party, in writing, and shall cause its Affiliates, agents, and independent contractors to disclose to the Inventing Party, all inventions related the Licensed Products conceived, made or generated by the Inventing Party which are, in the Inventing Party’s reasonable judgment, potentially patentable.
The Parties agree that the Party initially indicated as having an ownership interest in any Subject Inventions (Inventing Party) shall have the first opportunity to file U.S. and foreign patent applications.
If there is more than one Inventing Party, the Inventing Parties shall agree among themselves as to who will file patent applications on any joint Subject Invention.

More Definitions of Inventing Party

Inventing Party means the Party whose employees or agents conceived and reduced to practice the invention claimed in a given Patent Right). *** Assay Patent Rights shall be owned by GCOR regardless of inventorship.

Inventing Party has the meaning set out in clause 6.1(a).

Inventing Party shall be any sole or joint inventors of an Invention, such inventorship to be determined under the standards prescribed by the U.S. patent laws.

Inventing Party means a Party whose Personnel generated (whether alone or jointly with the Personnel of any other Party) a Result;

Inventing Party means a party to this Agreement which employs one or more inventors as that term is used before the U.S. Patent and Trademark Office, which inventor or inventors contribute or contributes to the invention of a certain Joint Invention."