Joint Parties Developments Sample Clauses

Joint Parties Developments. 11.2.1. All works, documentation and information elaborated by all the Parties jointly or on their joint behalf in the framework of this Agreement whether prior to or after entry into force of this Agreement, such as but not limited to the studies, researches, schemes, presentations, documentation, manuals, methods, statistical analyses, technical or other data, test reports, a joint website (if any) or other information elaborated by all the Parties jointly or on their joint behalf (hereafter “Joint Parties’ Developments”) shall as of their creation be jointly owned by all Parties and all (Intellectual) Property Rights, interests and title in respect to them shall be vested with all the Parties to the fullest extent possible under applicable law. 11.2.2. As co-owner, each Party is entitled to use the Joint Parties’ Developments as if it were the sole owner thereof for performance of this Agreement, SDAC DAOA and for internal business purposes only, without prejudice to the confidentiality obligations in Article 12. A Party may only use Joint Parties’ Developments for external business purposes provided that it has obtained the prior written consent of all the other co- owners. 11.2.3. Ownership rights of Joint Parties’ Developments may be transferred to Parties’ affiliated companies subject to the prior written consent of all Parties, which shall not be unreasonably withheld.