Examples of Joint IPR in a sentence
Any provision related to Joint IPR herein shall not imply any license under any Intellectual Property Rights which a Member or its Affiliates may own independent of these Rules, except if expressly agreed in these Rules.
The costs of filing and maintaining agreed applications for protection and granted rights in respect of any Joint IPR shall be shared equally between the Participating Parties agreeing to those filings.
The Participating Party which becomes first aware of the relevant Joint IPR shall inform the other Participating Parties on a confidential basis about this fact and each Participating Party shall ensure that all rights necessary to fulfil these Rules are forthwith complied with.
The Participating Parties shall for each Joint IPR, agree on the details of the first filing, further filing, prosecution, maintenance and defense, relating to applications for protection of the Joint IPR in the joint names of all agreeing Participating Parties.
In case no such agreement is reached in a reasonable time, each Participating Party shall be entitled to file, prosecute, maintain and defend, at its own expense, Joint IPR in its own name, provided it gives to the other Participating Parties at least thirty (30) days notice of its intention to do so.