Examples of Project Invention in a sentence
When it is deemed likely that a Project Invention may be created, the Recipient shall be required to conclude an Intellectual Property Rights Agreement with the Centre in relation to the Intellectual Property right considerations that might flow from the creation of such Project Inventions, the timing for which shall be set out in Part 3 – Schedule of Project Milestones.
The first of such patent application(s) shall be filed within 180 days of the Recipient notifying the Centre of the Project Invention.
Within 90 days of notifying the Centre of a Project Invention, the Recipient shall inform the Centre of its decision of whether to file application(s) for a patent in Canada, the United States and/or any other country and/or take any other action to obtain other intellectual property protection for the Project Intellectual Property Rights.
Any election by a Party not to share equally in the expenses associated with seeking patent protection for any Project Invention shall not be construed as a termination event under Section XI.
The decision on filing of patents for Project Inventions shall be made by the Party having an ownership interest in such Project Invention.