Commercialisation of Foreground IP Sample Clauses

Commercialisation of Foreground IP. (a) The Consortium Project Manager shall notify the Parties in writing of the availability of Foreground IP for Commercialisation which shall count as the effective date for the commencement of the Option Period. The timing of such notification shall be as agreed at Schedule 3.
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Commercialisation of Foreground IP. 12.1. The Parties hereby appoint the Collaborator as the commercialisation lead party to lead the commercialisation efforts in respect of the Foreground IP. The Collaborator shall use good faith diligence to seek commercialisation of the Foreground IP.
Commercialisation of Foreground IP. 12.1. The Collaborator shall provide a commercialisation plan (the “Commercialisation Plan”) for JTC’s review and approval before completion of the works set out in Schedule 1 (which approval shall not be unreasonably withheld. The Commercialisation Plan shall contain such details and commercialisation milestones (“Commercialisation Milestones”, each a “Commercialisation Milestone”) as may be prescribed by JTC (if any).
Commercialisation of Foreground IP. The Consortium Project Manager shall notify the Parties in writing of the availability of Foreground IP for Commercialisation which shall count as the effective date for the commencement of the Option Period. The timing of such notification shall be as agreed at Schedule 3. Each Party shall have the option during the Option Period to commence negotiation of a Licence to such Foreground IP. If any Party wishes to exercise an Option, it shall notify the Owning Party or Lead Owning Party, as appropriate, in writing within the applicable Option Period. On receipt of the notification to exercise the Option, the Owning Party or Lead Owning Party and the Party in question shall negotiate in good faith, with the aim of concluding a Licence during the Negotiation Period. If a Party does not exercise an Option within the applicable Option Period then that Party’s Option shall lapse. If a Party exercises an Option and no Licence is agreed within the Negotiation Period, that Party’s particular Option shall lapse.

Related to Commercialisation of Foreground IP

  • Foreground IP This subparagraph d. shall not apply to unmodified commercial off‐the‐shelf goods. If Services or goods are developed, modified or redesigned pursuant to this Contract then the paragraphs below apply.

  • Background IP Each Party will own all right, title and interest in its Background IP.

  • Patent Rights The State and the U. S. Department of Transportation shall have the royalty free, nonexclusive and irrevocable right to use and to authorize others to use any patents developed by the Engineer under this contract.

  • Commercialization Intrexon shall have the right to develop and Commercialize the Reverted Products itself or with one or more Third Parties, and shall have the right, without obligation to Fibrocell, to take any such actions in connection with such activities as Intrexon (or its designee), at its discretion, deems appropriate.

  • INTELLECTUAL PROPERTY RIGHTS - INVENTION AND PATENT RIGHTS Unless otherwise agreed upon by NASA and AFRL, custody and administration of inventions made (conceived or first actually reduced to practice) under this IAA will remain with the respective inventing Party. In the event an invention is made jointly by employees of the Parties (including by employees of a Party's contractors or subcontractors for which the U.S. Government has ownership), the Parties will consult and agree as to future actions toward establishment of patent protection for the invention.

  • Patent/Copyright Materials/Proprietary Infringement Unless otherwise expressly provided in this Contract, Contractor shall be solely responsible for clearing the right to use any patented or copyrighted materials in the performance of this Contract. Contractor warrants that any software as modified through services provided hereunder will not infringe upon or violate any patent, proprietary right or trade secret right of any third party. Contractor agrees that, in accordance with the more specific requirement contained in paragraph 18 below, it shall indemnify, defend and hold County and County Indemnitees harmless from any and all such claims and be responsible for payment of all costs, damages, penalties and expenses related to or arising from such claim(s), including, but not limited to, attorney’s fees, costs and expenses.

  • Research Use The Requester agrees that if access is approved, (1) the PI named in the DAR and (2) those named in the “Senior/Key Person Profile” section of the DAR, including the Information Technology Director and any trainee, employee, or contractor1 working on the proposed research project under the direct oversight of these individuals, shall become Approved Users of the requested dataset(s). Research use will occur solely in connection with the approved research project described in the DAR, which includes a 1-2 paragraph description of the proposed research (i.e., a Research Use Statement). Investigators interested in using Cloud Computing for data storage and analysis must request permission to use Cloud Computing in the DAR and identify the Cloud Service Provider (CSP) or providers and/or Private Cloud System (PCS) that they propose to use. They must also submit a Cloud Computing Use Statement as part of the DAR that describes the type of service and how it will be used to carry out the proposed research as described in the Research Use Statement. If the Approved Users plan to collaborate with investigators outside the Requester, the investigators at each external site must submit an independent DAR using the same project title and Research Use Statement, and if using the cloud, Cloud Computing Use Statement. New uses of these data outside those described in the DAR will require submission of a new DAR; modifications to the research project will require submission of an amendment to this application (e.g., adding or deleting Requester Collaborators from the Requester, adding datasets to an approved project). Access to the requested dataset(s) is granted for a period of one (1) year, with the option to renew access or close-out a project at the end of that year. Submitting Investigator(s), or their collaborators, who provided the data or samples used to generate controlled-access datasets subject to the NIH GDS Policy and who have Institutional Review Board (IRB) approval and who meet any other study specific terms of access, are exempt from the limitation on the scope of the research use as defined in the DAR.

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