Shared Intellectual Property definition

Shared Intellectual Property means Intellectual Property owned by any Seller and/or any Seller’s Affiliates that is used by more than one of the GM Business, the Company Business or the business of a Pending Transaction and includes customizations, interfaces, enhancements and other modifications to Software licensed from Third Parties, but not used primarily for such Business.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Shared Intellectual Property means, collectively, those items identified in Sections 2(b), 2(e), 2(f) and 2(h) hereof.

Shared Intellectual Property means all Business Intellectual Property that is set forth on Schedule 1.1(d).

Examples of Shared Intellectual Property in a sentence

Each of the Sellers, GM Buyer and Company Buyer agree that it will not transfer or assign its rights to the Shared Intellectual Property to any third party unless such third party: (i) is informed of and agrees to accept such transfer or assignment subject to the license granted herein; and (ii) agrees that any subsequent transfer or assignment will be subject to a similar restriction on future transfers and assignments.
Subject to the terms and conditions of this Agreement, Bioverativ hereby grants to Biogen a perpetual, worldwide, non-exclusive, royalty-free, fully paid-up license in and to the Bioverativ Shared Intellectual Property for any use in the Biogen Field.
In the event that the Parties identify after the Transferred Interest Closing Date any Shared Intellectual Property that is not owned by the CEG IP Parties, the CEG IP Parties agree, upon receipt of written notice from EDF or UNE, to use commercially reasonable efforts to seek access for UNE to use such Shared Intellectual Property on the same terms as UNE used such Shared Intellectual Property before the Transferred Interest Closing Date.
Subject to the terms and conditions of this Agreement, Biogen hereby grants to Bioverativ a perpetual, worldwide, non-exclusive, royalty-free, fully paid-up license to the Biogen Shared Intellectual Property for any use in the Bioverativ Field.
Unless otherwise agreed, the cost of applying for, registering, managing and maintaining the Shared Intellectual Property Rights is shared equally between the parties.

More Definitions of Shared Intellectual Property

Shared Intellectual Property means any Intellectual Property used by any of the Companies or the Subsidiaries in their business and owned by the Retained Group immediately prior to the date of this agreement;

Shared Intellectual Property has the meaning set forth in Section 4.12(b) of Schedule 4.

Shared Intellectual Property means all Product Intellectual Property of any kind (other than trademarks, Domains Names, and FDA Authorizations related to a Divestiture Product) (i) that is primarily or predominantly used (but not exclusively used) in connection with a Divestiture Product Business as of the Divestiture Date, and (ii) that has been used, and continues to be used, in connection with the manufacture of any Retained Product.

Shared Intellectual Property means Intellectual Property owned jointly by GenWest and SNWA or by either of GenWest or SNWA, in each case for their joint benefit. "Shared Materials and Equipment" shall include the equipment, machinery, apparatus, furniture, computer hardware, vehicles, Stores and Inventory, tools, dies, construction in progress, and other tangible personal property required, including such additional items of tangible personal property as acquired prior to the Closing Date, used, or to be used for or in the operation or maintenance of the Facility that are not Non-Shared Materials and Equipment, including the Shared Materials and Equipment listed in Schedule II, Part B, which schedule does not include Stores and Inventory.

Shared Intellectual Property means Intellectual Property (other than trademarks) that, prior to the Divestiture Date, is used by both the TiO2 Business and Respondents’ retained businesses outside North America, including the Intellectual Property listed on Non-Public Appendix V to this Order.

Shared Intellectual Property means Intellectual Property that, at any time prior to the Divestiture Date, was used by both the Polyurethane Foam Business and Respondents’ retained businesses.

Shared Intellectual Property means Company Owned Shared IP and SpinCo Owned Shared IP.