Examples of Joint Intellectual Property Rights in a sentence
Subject to the licenses and rights of reference granted under Sections 4.1 and 4.2, and each Party’s exclusivity obligations in Section 4.5, each Party shall have the right to Exploit the Joint Intellectual Property Rights without a duty of seeking consent or accounting to the other Party.
The resulting costs shall be shared by the Contractual Partners in proportion to their respective shares in the Joint Intellectual Property Rights; in cases of doubt each Contractual Partner shall bear half the costs.
The University shall, with regard to the University’s Intellectual Property Rights and the Joint Intellectual Property Rights, and the Collaborator shall, with regard to the Collaborator’s Intellectual Property Rights and the Joint Intellectual Property Rights, in accordance with their respective rules, acquire or have assigned to it, the Intellectual Property Rights relating to the relevant Inventions from the researchers, etc.
The Parties may assign their respective ownership in the Joint Intellectual Property Rights only to such respective assignee(s) as are agreed between them after discussion.
The Parties shall, when the Parties agree to file an application for the Joint Invention, separately execute a joint application agreement in writing which sets forth the share of ownership of the Joint Intellectual Property Rights for the Joint Invention between the University and the Partner prior to filing an Application for such Joint Invention, and shall file an Application jointly for such Joint Invention at the Partner’s expense in accordance with the joint application agreement.