New Invention definition

New Invention means any invention or technology which has not been anticipated by publication in any document or used in the country or elsewhere in the world before the date of filing of patent application with complete specification, i.e., the subject matter has not fallen in public domain or that it does not form part of the state of the art;

New Invention means any possibly patentable discovery or invention ------------- conceived and/or reduced to practice by RIBOZYME AND/or ATUGEN in the Field, or by ATUGEN in the RIBOZYME Field.

New Invention means any Invention that is first conceived, first reduced to practice or otherwise first discovered by or on behalf of either or both Parties in the course of conducting the Target Validation Activities, Research Activities or Development Activities.

Examples of New Invention in a sentence

• For New Inventions or Discoveries developed solely by University, the University or its designee, consistent with the University’s technology transfer policies, will offer Sponsor the first option to enter into a royalty-bearing license agreement to obtain an exclusive, royalty-bearing license to all rights in such New Invention or Discovery, which must be exercised within sixty (60) days of Sponsor’s receipt of notice of such invention.

• A hospitalization and surgical plan and a $15,000.00 life insurance plan shall be provided for all employees and their dependents.

• The University shall promptly notify Sponsor, in writing, of any New Invention or Discovery.

• A failure by the Sponsor to timely notify University shall be deemed a waiver of the Sponsor's option but only with respect to the identified New Invention or Discovery and not to other New Inventions or Discoveries subject to this Agreement.

• University shall at all times retain a royalty-free, irrevocable right to use such New Invention or Discovery for non-commercial purposes.

More Definitions of New Invention

New Invention means any potentially patentable invention arising from the Research Program (as defined in the Research Agreement) which is (i) conceived during the term of the Research Agreement by employees or agents of Gladstone or by employees or agents of both Gladstone and Optionee/CNSI jointly and (ii) constructively or actually reduced to practice during the term of the Research Agreement.

New Invention means any invention, discovery, concept, idea, information or improvement, whether or not patentable, that is (i) made, developed or conceived in whole or in part while Demopulos is an employee, agent, officer, director, or shareholder of Omeros, and (ii) is derived from the Technology.

New Invention means any discovery, invention (whether patentable or not), Know-How or improvement concerning any CAR or CARs (including methods for manufacture of any CAR or CARs) which is not an Improvement and which has been discovered, generated, identified or invented by MP and/or by any member(s) of the MP Laboratory, and which is Controlled by UCLB either at the time of creation, development or generation or upon UCL or UCLB acquiring or being granted a licence to the same from the inventors or individuals responsible for the creation, development or generation of the same; “[***] Contract” means the [***] contract entered into between (i) [***] and (ii) [***] on [***], together with the associated letter agreement between (i) [***] and (ii) [***] dated [***]; EXHIBIT 10.1 ***Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. §§ 200.80(B)(4) and 230.406

New Invention means any invention, discovery, concept, idea, information or improvement, whether or not patentable, that is (i) made, developed or conceived in whole or in part while Pxxxxx is an employee, agent, officer or shareholder of Omeros, and (ii) is derived from the Technology.

New Invention has the meaning set forth in Article 11.

New Invention is defined as any new procedure, process, method, device or application developed by the Consultant under this Agreement and for which either: (i) an application for an United States Patent describing such process, method, device, or application has been filed and has not been abandoned, (ii) the FDA provides a new and/or different label for use by the Company, or (iii) an off-label use has been commercialized by the Company. Such New Invention would include, but would not be limited to, any new FDA label for work currently under way in angiogenesis. The Royalty will be paid by the Company to the Consultant annually with payments made within three months following the end of the financial year end.

New Invention means any Intellectual Property developed by either Party or jointly by the Parties in connection with this Agreement;