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Common use of Existing IP Clause in Contracts

Existing IP. Each Party shall remain the sole owner of, and have sole and exclusive title to, any and all intellectual property rights owned by it as of the Effective Date.

Appears in 2 contracts

Sources: Exclusive License and Development Agreement (Sagimet Biosciences Inc.), Exclusive License and Development Agreement (Sagimet Biosciences Inc.)

Related Clauses

  • Existing Intellectual Property
  • INTELLECTUAL PROPERTY RIGHTS - INVENTION AND PATENT RIGHTS
  • Intellectual Property, Inventions and Patents
  • Intellectual Property
  • New Intellectual Property

Parent Clauses

  • Intellectual Property
  • Ownership
  • Ownership of Intellectual Property
  • Ownership of Inventions Disclosure
  • Intellectual Property Ownership Protection and Related Matters

Sub-Clauses

  • Enforcement Right
  • Notification
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