Joint Ownership. - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.
Joint Ownership means each party has the right to independently exercise any and all rights of ownership now known or here after created or recognized, including without limitation the rights to use, reproduce, modify and distribute the developments for any purpose, without the need for further authorization to exercise any such rights or any obligation of accounting or payment of royalties;
Joint Ownership. (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment. “Joint Venture” means two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profit and losses. “Licences” means conditional use of another party’s intellectual property rights. “Management” “in relation to an enterprise or business, means an activity inclusive of control, and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person may be designated, and whether or not that person is a director. “Non-firm Price(s)” means all price(s) other than “firm” price(s). “Organ of State” means a constitutional institution defined in the Public Finance Management Act, Act 1 of 1999. “Person(s)” refers to a natural and/or juristic person(s). “Prime Bidder” means any person (natural or juristic) who forwards an acceptable proposal in response to this Request for Bid (RFB) with the intention of being the main contractor should the proposal be awarded to him/her. “Rand Value” means the total estimated value of a contract in Rand denomination, which is calculated at the time of proposal invitations and includes all applicable taxes and excise duties. “SMME” bears the same meaning assigned to this expression in the National Small Business Act, 1996 (Act No. 102 of 1996). “Sub-contracting” means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in executing part of a project in terms of a contract. “Successful Bidder” means the organization or person with whom the order is placed or who is contracted to execute the work as detailed in the bid. “Trust” means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person. “Trustee” means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.
Examples of Joint Ownership in a sentence
Notwithstanding anything to the contrary contained in Section 10.1 (Joint Ownership), the Parties agree that all rights to Collaborator Inventions shall be the exclusive property of Collaborator and all rights to MSD Inventions shall be the exclusive property of MSDIG.
More Definitions of Joint Ownership
Joint Ownership on pages 6 and 7. CONTRACT VALUE The sum of the Variable Account Contract Value and the Fixed Account Contract Value. CONTRACT YEAR Each year starting with either the Date of Issue or a Contract Anniversary.
Joint Ownership on pages 6 and 7. NON-QUALIFIED CONTRACT A Contract issued to fund a Non-Qualified Plan.
Joint Ownership or “Jointly Owned” or “Jointly Own”. Joint Ownership or Jointly Owned or Jointly Owns means that each Party shall own a fifty percent (50%) undivided interest in the relevant Invention, Know-How or Patent Right.
Joint Ownership means an undivided ownership shared by two or more persons other than a partnership. See RID Resolution 2-2020.
Joint Ownership means each party has the right to independently exercise any and all rights of ownership now known or later created or recognized, including without limitation the rights to use, reproduce, modify and distribute the Developments for any purpose, without the need for further authorization to exercise any such rights or any obligation of accounting or payment of royalties. Each party shall be the sole owner of any modifications that it makes based upon Developments. Customer may exercise its rights in Developments solely for its internal business operations and may not resell or distribute them. Notwithstanding the prior paragraph, if the laws of Austria, France, Germany, Hungary, Poland, Switzerland, or Ukraine apply to Services per the terms of this agreement or the determination of a court, all rights in Developments are owned by Microsoft, subject to the terms of this paragraph. Upon payment in full, Microsoft grants to Customer a non-exclusive license to Developments, except as may be explicitly agreed otherwise in a Statement of Services. Customer and Microsoft may use, reproduce, and modify the Developments in all ways of use (and all future ways of use) without any accounting or payment of royalties. Each party shall be the sole owner of any modifications that it makes based upon Developments. Customer may exercise its rights in Developments solely for its internal business operations and may not resell or distribute them.
Joint Ownership means the City and the Contractor will both have full ownership of the orthogonal photos in untouched, uncompressed Tiff and RAW format and Joint Ownership of all photo sets derived from the orthogonal photos such as mosaics and image tiles in any format. Thus the City and the Contractor can sell or give away the orthogonal photos in the original format or any derivatives to any person, company, organization or government body that they will, without consultation of the other owner. Associated data, including metadata and camera calibration information shall not be sold or given away by the City.
Joint Ownership only if results are jointly generated results and it is impossible to determine the respective share of the work or to separate them for protection joint owners must reach an agreement • Rights of employees & third parties • Article 26 MGA