Examples of Licensed Intellectual Property in a sentence
UniServices may, and may permit the University to, include information relating to the Licensed Intellectual Property Rights (including the Licensed Know-How) in any academic publication or presentation (including student thesis) (Publication) provided that where any such information has not previously been publicly disclosed, UniServices must submit the proposed Publication to the Licensee for review at least 60 days before the intended date for submission for publication.
With effect from the Start Date, UniServices grants to the Licensee an exclusive licence to commercialise, sublicence and otherwise commercially exploit the Licensed Intellectual Property Rights, including the rights to make, hire, sell, otherwise dispose of, offer to make, hire, sell or otherwise dispose of, use, import or keep for the purpose of doing any of the foregoing, Licensed Products in the Field in the Territory for the term of this Agreement.
Despite this clause 2, UniServices retains the right (including the right to permit the University and its personnel) to do any act under the Licensed Intellectual Property Rights for academic research (including non-commercially funded research) and teaching purposes.
The Licensee must, and must use reasonable efforts to procure that any Sublicensees, use commercially reasonable efforts to develop and commercialise the technology under the Licensed Intellectual Property Rights, within the scope of the terms of this Agreement.
Each party must notify the other party promptly on becoming aware of any suspected infringement of the Licensed Intellectual Property Rights by a third party.