Background IP means all IP and IP Rights owned or controlled by Seller prior to the effective date or outside the scope of this Contract.
Background IPR means any Intellectual Property Rights (other than Project IPR) belonging to either party before the Commencement Date or not created in the course of or in connection with the Project;
Licensed Technology means the Licensed Know-How and Licensed Patents.
Foreground IP means all intellectual property and Intellectual Property Rights generated under these Terms; and
Background Invention means an Invention conceived and first actually reduced to practice before the Effective Date.
Company Technology means all Technology owned or purported to be owned by the Company.
Patent Rights means the rights and interests in and to issued patents and pending patent applications (which, for purposes of this Agreement, include certificates of invention, applications for certificates of invention and priority rights) in any country or region, including all provisional applications, substitutions, continuations, continuations-in-part, divisions, renewals, all letters patent granted thereon, and all reissues, re-examinations and extensions thereof, and all foreign counterparts of any of the foregoing.