Option Intellectual Property definition

Option Intellectual Property means (a) the Option Know-How and (b) the Option Patents (i) which are owned by AstraZeneca or any of its Affiliates as of the Effective Date as well as any Information which is owned or Controlled by AstraZeneca or any of its Affiliates under the Transferring Contracts and Additional Studies following the Effective Date and prior to the effective date of the assignment of the relevant Transferring Contract or Additional Study and, in each case, that (ii) relate [***] to the Compounds or Products.
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Option Intellectual Property or “Option IP” shall mean any intellectual property (IP), including, patent rights and copyrights, in any inventions or discoveries, where: (a) Xxxxxxxx Xxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity), (b) Xxxxx Xxxxxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity), and/or (c) Xxxxxxx Xxxxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity), and/or (d) an individual in a lab supervised by Xxxxxxxx Xxx, Xxxxx Xxxxxx and/or Xxxxxxx Xxxxx and under the control of DUKE is the sole or a joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity); and/or (e) is co-invented or authored with Licensee; and/or (f) is solely owned by Duke and that is conceived, reduced to practice, authored, and first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period (unless extended by the terms of this Option Agreement) and that relates to the field of quantum information processing devices; and/or (g) Duke’s interest in any such IP that is jointly owned by Duke and one or more a third parties (that is capable of being licensed to Licensee either exclusively or nonexclusively) that is conceived, reduced to practice, authored, and first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period (unless extended by the terms of this Option Agreement) and that relates to the field of quantum information processing devices. Any Option IP that is developed under a sponsored research agreement with a Federal Agency or a Federal Agency and one or more contracting parties shall be governed by the terms of any provided Inte...
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Option Intellectual Property or “Option IP” shall mean any intellectual property (IP), including, without limitation, patent rights and copyrights, in any inventions or discoveries, whether or not patentable, or copyrighted works, where: (a) Xxxxxxxx Xxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author, or (b) an individual in a lab supervised by Xxxxxxxx Xxx and under the control of DUKE is the sole or a joint inventor or author; and that is conceived, reduced to practice, authored, or first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period unless extended by the terms of this Option Agreement and that relates to the field of ion trap quantum information processing devices.
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Examples of Option Intellectual Property in a sentence

  • Upon termination of this Agreement by Sponsor under Paragraph 17.1 or by UGARF under Paragraph 17.2, then as of the Effective Date of Termination: (i) Sponsor’s option rights to all Option Intellectual Property are terminated; (ii) Sponsor’s right and license to Work Product is terminated; and (iii) UGARF’s obligations to conduct the Project, deliver Work Product, and disclose Project Intellectual Property are terminated.

  • Final decisions regarding any particular application or course of action during application, prosecution, maintenance or defense shall be reserved to DUKE; provided, however, that DUKE shall file any patent application that would qualify as Option Intellectual Property where all inventors are DUKE employees (or DUKE has all rights to such invention or rights to prosecute such patent application from a co-owner) in any country as requested by Licensee.

  • In the event that BSC elects to proceed with the Third Option, the Third Option Development and License Agreement shall contain a license by CryoCor granting BSS an exclusive, worldwide license under the CryoCor Third Option Intellectual Property (as described therein) and any CryoCor Program Intellectual Property solely for using, manufacturing, having manufactured, marketing, offering to sell, selling, importing and exporting Cryo Catheter Shafts incorporated into BSC Cryo Balloons.

  • Within (i) twenty-one (21) days after BSC’s Acceptance of Milestone One, BSC shall deliver a written notice to CryoCor of BSC’s election to proceed or not proceed with the First Option and/or the Second Option and (ii) five (5) days after BSC’s Acceptance of Milestone One, CryoCor shall deliver to BSC a list of any Intellectual Property Rights owned or licensed by CryoCor which shall be included in the CryoCor Third Option Intellectual Property.

  • Sponsor shall reimburse UGARF for any and all expenses incurred by UGARF related to the protection of Option Intellectual Property during the associated Option Period.

  • Final decisions regarding any particular application or course of action during application, prosecution, maintenance or defense shall be reserved to UMD; provided, however, that UMD shall file any patent application that would qualify as Option Intellectual Property where all inventors are UMD employees (or UMD has all rights to such invention or rights to prosecute such patent application from a co-owner) in any country as requested by Licensee.

  • Licensee shall not assign its rights in this Option Agreement without the prior written consent of DUKE, except to the successor all of Licensee’s business or of that part of Licensee’s business to which the Option Intellectual Property pertain and, except as herein provided, any such purported assignment will be void.

  • MINOR: Merit belongs to the higher human faculties, for a moral act is an act of the will with knowledge of an intellectual end.

  • Upon UGARF’s timely receipt of any such written notice from Sponsor exercising the option, the Parties shall enter a ninety (90) day period (“Negotiation Period”) during which they shall in good faith negotiate a commercially reasonable license to the Option Intellectual Property identified in the notice.

  • Sponsor’s option rights to particular Option Intellectual Property shall begin upon UGARF’s disclosure of such to Sponsor and shall expire ninety (90) days after UGARF’s disclosure of such Option Intellectual Property to Sponsor (“Option Period”).


More Definitions of Option Intellectual Property

Option Intellectual Property or “Option IP” shall mean any intellectual property (IP), including without limitation patent rights and copyrights, in any inventions or discoveries, whether or not patentable, or copyrighted works, where: (a) Xxxxxxxxxxx Xxxxxx, acting in his capacity as an employee of UMD, is the sole or a joint inventor or author, or (b) another individual in a lab supervised by Xxxxxxxxxxx Xxxxxx and under the control of UMD is the sole or a joint inventor or author; and that is conceived, reduced to practice, authored, or first formally disclosed to UMD, after the Effective Date of the Exclusive License Agreement and that relates to the field of ion trap quantum information processing devices.
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Related to Option Intellectual Property

  • New Intellectual Property means any Intellectual Property that arises out of, or is created in the course of, the performance of the Contract.

  • Intellectual Property the collective reference to all rights, priorities and privileges relating to intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including copyrights, copyright licenses, patents, patent licenses, trademarks, trademark licenses, technology, know-how and processes, and all rights to xxx at law or in equity for any infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom.

  • Other Intellectual Property means all trade secrets, ideas, concepts, methods, techniques, processes, proprietary information, technology, know-how, formulae, rights of publicity and privacy and other general intangibles of like nature, now or hereafter acquired, owned, developed or used by any Grantor.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Seller Intellectual Property means (a) all Intellectual Property Rights owned or licensed to Seller or its Affiliates prior to the Effective Date; (b) all Intellectual Property Rights in the Seller Parts, the Specifications, and the Base Vehicle; and (c) all other Intellectual Property Rights designed, developed, or otherwise created by Seller or its Affiliates after the Effective Date without reference to Buyer Intellectual Property excluding, in each case, any of the foregoing which are Buyer Intellectual Property.

  • Transferred Intellectual Property means (a) all Owned Intellectual Property, (b) all Intellectual Property Licenses, and (c) all Technology owned by or licensed to Sellers that is exclusively used in connection with the conduct of the Business as currently conducted (the foregoing constituting the “Transferred Technology”).

  • Foreground Intellectual Property means all Intellectual Property developed by either Party pursuant to this Agreement;

  • Licensed Intellectual Property means all Intellectual Property in which the Company holds any rights or interests granted by other Persons, including Seller or any of its Affiliates.

  • Third Party Intellectual Property means the Intellectual Property Rights of a third party which Supplier uses or incorporates into the Work.

  • Background Intellectual Property means all Intellectual Property introduced and required by either Party to give effect to their obligations under this Agreement owned in whole or in part by or licensed to either Party or their affiliates prior to the Commencement Date or developed after the Commencement Date otherwise pursuant to this Agreement;

  • Intellectual Property (IP) means all copyright, rights in relation to inventions (including patent rights and unpatented technologies), plant varieties, registered and unregistered trademarks (including service marks), registered designs, confidential information (including trade secrets and know-how), mask-works and integrated circuit layouts, and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields;

  • Project Intellectual Property means any Intellectual Property created under, or otherwise in connection with the Project.

  • Transferred Intellectual Property Rights means (a) the Transferred Patents, (b) the Transferred Copyrights, (c) the Transferred Internet Properties, (d) the Transferred Industrial Designs, (e) The Transferred Database Rights,(f) the Transferred Mask Work Rights, (g) the Transferred Trade Secrets, and (h) the Transferred Trademarks.

  • Joint Intellectual Property means, collectively, Joint Know-How and Joint Patents.

  • Excluded Intellectual Property shall have the meaning set forth in Section 1.2(i).

  • Registered Intellectual Property means all Intellectual Property that is the subject of an application, certificate, filing, registration or other document issued, filed with, or recorded by any private, state, government or other legal authority.

  • Contractor Intellectual Property means any intellectual property owned by Contractor and developed independently from the Services.

  • Intellectual Property Right means any patent, trade mark, service mark, copyright, moral right, right in a design, know-how and any other intellectual or industrial property rights, anywhere in the world whether or not registered.

  • Intellectual Property Rights or IPR means copyright, rights related to or affording protection similar to copyright, rights in databases, patents and rights in inventions, semi-conductor topography rights, trade marks, rights in internet domain names and website addresses and other rights in trade or business names, designs, Know-How, trade secrets and other rights in Confidential Information; applications for registration, and the right to apply for registration, for any of the rights listed at (a) that are capable of being registered in any country or jurisdiction; and all other rights having equivalent or similar effect in any country or jurisdiction;

  • Company Intellectual Property means all Intellectual Property that is owned or held for use by the Company.

  • Owned Intellectual Property means all Intellectual Property owned or purported to be owned by the Company or any of its Subsidiaries.

  • Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

  • Intellectual Property Assets means all Intellectual Property that is owned by Seller and used in or necessary for the conduct of the Business as currently conducted.

  • Third Party Intellectual Property Rights means any Intellectual Property owned by a third party.

  • Obligor Intellectual Property means Intellectual Property owned by or licensed to any of the Obligors.

  • Registered Intellectual Property Rights means all Intellectual Property Rights that are the subject of an application, certificate, filing, registration, or other document issued by, filed with, or recorded by, any Governmental Authority in any jurisdiction.