Examples of Other Collaboration IP in a sentence
The Parties will jointly own all Other Collaboration IP, whether invented solely by Xxxxxxxxxxx, solely by Galapagos, or jointly by the Parties, subject to Article 4 (License Grants).
Each Party will promptly disclose to the other Party in writing, and will cause its Affiliates to so disclose, the discovery, development, invention or creation of any new Fortis Background IP or Collaboration IP, or FibroGen Other Collaboration IP necessary to Exploit any Product or any Modified Product, under this Agreement.
Each Party hereby assigns, and will assign, to the other Party an undivided, equal joint right, title, and interest in, to, and under all of such Party’s rights, title and interests in, to and under the Other Collaboration IP.
During the Term, each Party will promptly disclose to the other Party any potentially patentable Other Collaboration IP as set forth in Article 11 (Intellectual Property) that is conceived, developed, invented, reduced to practice or otherwise generated by or for the disclosing Party as a result of the performance of such Party’s Collaboration Activities.
Each Party shall be entitled to use and grant licenses to Third Parties under such Other Collaboration IP without any duty of accounting, recourse, or payment to the other Party, subject to Article 4 (License Grants).
To the extent Applicable Law requires either Party to consent to the other Party’s use or licensing of the Other Collaboration IP, such Party will, and hereby does, grant such consent.