Selecting Party definition

Selecting Party means a party who selects a Project Invention by the process described in Section 12.3.
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Selecting Party as to an invention, means the Party who selects to own that invention in the selection process described in Section 7.12.
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Examples of Selecting Party in a sentence

  • The Non-Selecting Party, on behalf of itself, its Affiliates and its Personnel, hereby assigns and agrees to assign to the Selecting Party all its and their right, title, and interest in the Project Patent Rights in the Project Invention selected by the Selecting Party under Section 5.2.3, without any duty of accounting, and without any duty to obtain the Non-Selecting Party’s consent or to pay any royalties to the Non-Selecting Party to exploit, license, or enforce such rights.

  • All costs, fees and other amounts, including attorney fees, incurred in connection with Patent Prosecution of an invention that a Party has selected in accordance with the Draft shall be borne solely by the Selecting Party.

  • A Party may not conduct any Patent Prosecution with respect to any [***] developed by Intermolecular solely, or by the Parties jointly, unless and until such Party becomes a Selecting Party following the Draft of a Filing Request for such [***].

  • The Selecting Party will exclusively own all Project Patent Rights in the Project Invention selected under Section 12.3.

  • If a party fails to select an arbitrator as required herein within thirty (30) days from the written request by the other party ("Selecting Party"), the Selecting Party shall then be entitled to select the second arbitrator, with the two selected arbitrators selecting the final arbitrator by mutual agreement.

  • In the event that any action required to be taken by the Selecting Party or the Other Party pursuant to this Schedule A shall not have been taken within the period of time provided for in this Schedule A, the Board of Directors may (but shall be under no obligation to) by resolution determine such matter or take such action on behalf of the Selecting Party or the Other Party.

  • In the event that a Party (the "Selecting Party") fails to make such selection within such [*]-day or [*]-business day period, as applicable, and again fails to make such selection within [*] ([*]) business days of a further written request to do so, the other Party shall have the right to make such selection on behalf of the Selecting Party by so notifying the Selecting Party of such selection, and such selection shall be deemed the selection of the Selecting Party for purposes of this Section 2.7.

  • The Selecting Party shall have the right to be the LCP in whichever Commercialization Territories are not selected by the non-Selecting Party (and which are in Profit Share Regions).

  • By way of example, assuming the ROW Region is a Profit Share Region, if Xxxxxx is the Selecting Party under Section 7.3(c)(i) and elects to be the LCP in the U.S., then Reata shall have the right to be the LCP in Europe pursuant to Section 7.3(c)(ii), and shall further have the first right to elect to be the LCP pursuant to this Section 7.3(c)(v) in two out of the following: Japan, Asia Territory, Latin America, and the ROW Territory.

  • Each of the parties shall use its best efforts to ensure that, within 30 Business Days following their appointment, the First Valuator and the Second Valuator shall provide the Selecting Party and the Other Party with their determinations of Market Value of the relevant Common Shares.

Related to Selecting Party

  • Contracting Party shall have the meaning designated in the preamble to Section 5.2 hereof.

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Managing Party shall have the meaning set forth in Section 7.2(a).

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Auditing Party means the Party conducting an audit of the Audited Party’s books, records, data and other documents.

  • Instructing Party shall have the meaning assigned to such term in Section 6.3(a).

  • Contracting Parties has the meaning set forth in Section 10.15.

  • Designating Party means the Party or non-party that designates Documents, Testimony, or Information as Confidential Material.

  • Terminating Party As defined in Section 7.1(f).

  • Party or “Parties” has the meaning set forth in the Preamble.

  • Supplying Party shall have the meaning stated in Section 35.8.2.

  • Billing Party means the Party rendering a bill.

  • Providing Party has the meaning set forth in Section 11.

  • Requesting Party means the Party to this Agreement submitting a request for or having received information from the requested Party;

  • Programme Party means a party to a Programme Document (other than the Issuer and ETP Securityholders).

  • Opposing Party means the third party that owes Borrower the Miscellaneous Proceeds or the party against whom Xxxxxxxx has a right of action in regard to the Miscellaneous Proceeds.

  • Performing Party As defined in Section 11.12.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);

  • Prosecuting Party has the meaning set forth in Section 6.2(c).

  • Reporting Party means any person who alleges that a student has violated this Code.

  • Aggrieved party means a party entitled to pursue a remedy.

  • Lending Party means a third party that is not Company or an affiliate of Company that Dealer considers to be an acceptable counterparty (acting in good faith and in a reasonable manner in light of (x) other transactions that Dealer (or its agent or affiliate) may have entered into with such party and (y) any legal, regulatory or self-regulatory requirements or related policies and procedures (whether or not such requirements or related policies and procedures are imposed by law or have been voluntarily adopted by Dealer) that apply generally to transactions of a nature and kind similar to the transactions contemplated with such party).

  • Preparing Party has the meaning set forth in Section 2.04(a)(ii).

  • Settling Party means any one of, and “Settling Parties” means all of, the parties to the Stipulation, namely Defendants and Plaintiffs (on behalf of themselves and the Settlement Class).

  • Independent Third Party means any Person who, immediately prior to a contemplated transaction, does not own in excess of 5% of the Company’s Common Units on a fully-diluted basis (a “5% Owner”), who is not controlling, controlled by or under common control with any such 5% Owner and who is not the spouse or descendant (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner and/or such other Persons.

  • Purchasing Party means a Party requesting or receiving a Service from the other Party under this Agreement.