Jointly Owned Intellectual Property definition

Jointly Owned Intellectual Property is defined in Section 14.6.

Jointly Owned Intellectual Property means Intellectual Property conceived and first reduced to practice jointly by one or more employees of the University and by one or more employees of the Sponsor.

Jointly Owned Intellectual Property means Newly Created Intellectual Property that is owned by both parties in accordance with the terms of this Agreement.

Examples of Jointly Owned Intellectual Property in a sentence

• For the avoidance of doubt, the right, title and interest of a Party in, or control of, the Jointly Owned Intellectual Property shall survive the termination and expiration of this Agreement.

• The non-enforcing Joint Owner may, at the enforcing Joint Owner’s expense and subject to the enforcing Joint Owner’s consent, not to be unreasonably withheld, retain counsel to represent it in any proceedings against a third party for infringement of any Jointly Owned Intellectual Property.

• Each Party shall promptly notify the other Party if it becomes aware of a possible infringement by a Third Party of any Jointly Owned Intellectual Property Rights.

• In the event that either or both Parties are pursuing enforcement pursuant to SECTION 5.2 (Enforcement of Jointly Owned Intellectual Property Rights), any licensing of the respective Jointly Owned Intellectual Property Right to the alleged Third Party infringer shall be pursued (with the intent that the actual or alleged infringement is regularized by appropriate license terms) by the Party or Parties pursuing the action until the conclusion of the respective action.

• Any Party may transfer the Jointly Owned Intellectual Property, as well as the Field-Exclusive Jointly Owned Intellectual property License, in connection with the sale of all or substantially all of its assets.

More Definitions of Jointly Owned Intellectual Property

Jointly Owned Intellectual Property means Intellectual Property owned jointly by the Center and the Grant Recipient pursuant to Clause 13.;

Jointly Owned Intellectual Property means the Intellectual Property jointly owned by MLP Sub and OPCO pursuant to the Contribution Agreement, each of MLP Sub and OPCO holding a joint and undivided interest in such Intellectual Property.

Jointly Owned Intellectual Property means all Intellectual Property in and to which the Company shares, with at least one person, all right, title and interest and all Intellectual Property in and to which the Company shares, with at least one person, a right to receive all right, title and interest.

Jointly Owned Intellectual Property means all Intellectual Property that is jointly owned or purported to be jointly owned by and between the Company and a third party.

Jointly Owned Intellectual Property has the meaning given in clause 7.2.2.

Jointly Owned Intellectual Property has the meaning set forth in Section 2.1(c) of this Intellectual Property Agreement.

Jointly Owned Intellectual Property has the meaning set forth in the Collaboration Agreement.