Ovid Intellectual Property definition

Ovid Intellectual Property means, collectively, Ovid Know-How, Ovid Patents, Ovid House Marks and Ovid’s interest in any Product Trademarks.
Ovid Intellectual Property has the meaning set forth in Section 1.71 of the Takeda Agreement. “Ovid Patents” has the meaning set forth in Section 1.73 of the Takeda Agreement. “Party” or “Parties” has the meaning set forth in the preamble. “Patent Office” means the applicable patent office, including the United States Patent and Trademark Office and any comparable foreign patent office. “Payment Date” has the meaning set forth in Section 5.5(e). “Person” means any natural person, firm, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, Governmental Authority or any other legal entity, including public bodies, whether acting in an individual, fiduciary or other capacity.

Examples of Ovid Intellectual Property in a sentence

  • For the duration of the Term, neither Party shall, and neither Party shall permit its Affiliates to, grant to any Third Party rights in the Field in the Territory that encumber, diminish or conflict with the rights granted to the other Party hereunder with respect to the Takeda Intellectual Property or Ovid Intellectual Property, as the case may be, or any Regulatory Materials.

  • Ovid reserves the right, under the Ovid Intellectual Property, to Exploit one or more Products during the Term in the Field in the Territory; subject to and in accordance with the terms hereof.

  • Subject to the licenses set forth in Article 3 and the rights set forth in this Article 9, Ovid shall retain ownership of the Ovid Intellectual Property and Takeda shall retain ownership of the Takeda Intellectual Property.

  • Ovid shall own and retain all right, title and interest in the Ovid Intellectual Property subject to the licenses and other rights granted hereunder.

  • Ovid’s interest in any Inventions shall be automatically included in the Ovid Intellectual Property (to the extent applicable).

  • Each subsequent inspection report shall also be provided to the Department Representative.

  • For purposes of this Section 8.2, a “Divestment Transaction” means any transaction or series of related transactions pursuant to which Takeda and/or any of its Affiliates sells, assigns or transfers, all or substantially all of the Takeda Intellectual Property, or exclusively licenses or exclusively sublicenses to any Third Party any Takeda Intellectual Property or Ovid Intellectual Property in the Field to Exploit any Product in the United States.

  • Subject to the licenses set forth in Article 4, Ovid shall retain ownership of the Ovid Intellectual Property.

  • To the extent that Ovid has at any time during the Term any Ovid Intellectual Property, Ovid shall own and retain all right, title and interest in such Ovid Intellectual Property subject to the licenses and other rights granted to Takeda hereunder.

Related to Ovid Intellectual Property

  • 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.

  • 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;

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

  • 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.

  • Scheduled Intellectual Property has the meaning set forth in Section 4.15(a).

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

  • Company Licensed Intellectual Property means Intellectual Property Rights owned by any Person (other than a Group Company) that is licensed to any Group Company.

  • Intellectual Property License means any license, permit, authorization, approval, contract or consent granted, issued by or with any Person relating to the use of 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.

  • Licensed Intellectual Property Rights means any Intellectual Property Rights owned by a third party that a Person has a right to use, exploit or practice by virtue of a license grant, immunity from Legal Action or otherwise.

  • Intellectual Property Licenses means (i) any grant by the Company to another Person of any right, permission, consent or non-assertion relating to or under any of the Purchased Intellectual Property and (ii) any grant by another Person to the Company of any right, permission, consent or non-assertion relating to or under any third Person’s Intellectual Property.

  • Background Intellectual Property Rights means all Intellectual Property Rights owned, controlled, obtained, or licensed by a Party at any time prior to or after the term of this Agreement, or arising from development of Technology created independently of 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;

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

  • Joint Intellectual Property Rights means any work under the Subcontract, which:

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

  • 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.

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

  • Intellectual Property Contracts means all agreements concerning Intellectual Property, including without limitation license agreements, technology consulting agreements, confidentiality agreements, co-existence agreements, consent agreements and non-assertion agreements.

  • Intellectual Property Agreement means the agreement in substantially the form set forth as Exhibit B.

  • 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”).

  • Intellectual Property License Agreement means the intellectual property license agreement substantially in the form attached as Exhibit B to the Contribution and Distribution Agreement.

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

  • Intellectual Property Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to sue, waivers, releases, permissions and other Contracts, whether written or oral, relating to any Intellectual Property that is used or held for use in the conduct of the Business as currently conducted to which Seller is a party, beneficiary or otherwise bound.

  • Parent Intellectual Property means the Intellectual Property used in the operation of the business of each of Parent and its Subsidiaries as presently conducted.

  • Business Intellectual Property Rights means (a) the Intellectual Property Rights owned or licensed by the Group Companies and (b) any other Intellectual Property Rights owned or licensed by Seller or any of its other Subsidiaries and used solely in the conduct of the Business.