Resulting Intellectual Property definition
Examples of Resulting Intellectual Property in a sentence
The Parties shall promptly disclose significant developments with respect to the Resulting Intellectual Property to one another, and in any event upon demand therefor by the other, and disclose to the extent necessary or as reasonably desired by the other Party to allow that other Party to fully appreciate any advantage or significance of such significant developments.
In such event, inventing Party shall permit non-inventing Party, at its sole discretion and expense, to file or to continue prosecution or maintenance of patents covering such Resulting Intellectual Property in the Territory.
In particular, but without limitation: The University makes no representation and gives no warranty to the Placement Organisation that (i) any advice or information given by it, the Students, the University Supervisor, or any other of its employees, students, or representatives; or (ii) the content or use of its Background Intellectual Property or Resulting Intellectual Property; will not constitute or result in any infringement of any rights of any third party.
Acclarent shall have the first option to evaluate all Resulting Intellectual Property that is jointly owned under Section 8.1(c) above and, in its sole discretion, elect whether or not to pursue patent protection, copyright registration or other forms of legal protections, where the initial and subsequent filings, if any, are to occur, and determine whether the patent protection will continue to be sought or maintained.
If Acclarent elects not to pursue patent protection, copyright registration or other modes of legal protection in a country for any jointly owned Resulting Intellectual Property, Advanced may elect to pursue, at its own expense, such protection.