Ownership principle Sample Clauses

Ownership principle. In principle, the Results shall be jointly owned in equal proportions by these Parties, hereinafter referred to as "Co-Owners". However, the Parties that produce a Result may consult one another in order to assign ownership to one of them. Any Result consisting of a new patent, software or other knowledge protected by an intellectual property right shall be the subject of co-ownership rules, which shall be drawn up between the Co-Owners as soon as necessary and in any event prior to any industrial and/or commercial exploitation. The co-ownership rules shall specify the allocation of the shares as well as the rights and obligations relating thereto. In the event that the Results are generated in part by the staff of a common research entity (such as a Mixed Research Unit), The managers of said entity shall be considered as a single Co-Owner. It is understood that said managers shall be responsible for apportioning amongst themselves the co-ownership share attributed to them, in accordance with the agreement governing the entity and shall appoint from amongst themselves a sole representative in accordance with Article L.533-1 et seq. of the Research Code.
Sample 1
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Ownership principle. 5.2.1.1 Where several Participants have jointly carried out work generating Results and it is not possible to establish the respective contribution of each Participant or separate them for the purpose of applying for, obtaining or maintaining their protection, they shall have joint ownership of such Results.
Sample 1
Ownership principle. In the event of New Knowledge being created by the staff of two or more Participants without being able to assess the individual contributions of these in obtaining such knowledge, this New Knowledge, hereafter referred to as “Joint New Knowledge”, shall be jointly owned by these Participants (who are in turn hereafter referred to as the “Co-Owner Participants”) proportionally to their intellectual, human, material and financial contributions, unless said Participants contractually agree to having the related property rights being transferred to one of them. In the event of New Knowledge being created solely by a laboratory which is a joint research structure without corporate status, constituted by several Participants, the latter shall be deemed as being the owners of this New Knowledge, in accordance with the agreements executed between them. In the event of Joint New Knowledge being created by the staff of at least two laboratories, each of which is a joint research structure, constituted by different Participants, ownership of the Joint New Knowledge shall be shared between the Participants which are the trustees of said joint research structures proportionally to their intellectual, human, material and financial contributions, it being hereby stipulated that, within each joint research structure, the Participants constituting said joint research structure shall be personally responsible for the breakdown of the proportion of ownership between them, in accordance with the agreements executed between them. Any and all Joint New Knowledge consisting of a new patent, software or other knowledge protected by an intellectual property right, shall be subject to rules of co-ownership, that shall be drawn-up between the Co-Owner Participants as soon as necessary and, in all cases, prior to any and all industrial and/or commercial use.
Sample 1

Related to Ownership principle

  • Equity Ownership All issued and outstanding Capital Securities of the Borrower and each of its Subsidiaries are duly authorized and validly issued, fully paid, non-assessable, and free and clear of all Liens other than those in favor of the Bank, if any. As of the date hereof, there are no pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any Capital Securities of the Borrower and each of its Subsidiaries.

  • Joint Ownership 10 Annuitant............................................................... 10

  • Share Ownership No officer or director or any direct or indirect beneficial owner (including the Insiders) of any class of the Company’s unregistered securities is an owner of shares or other securities of any member of FINRA participating in the Offering (other than securities purchased on the open market).

  • Management, Ownership The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

  • Ownership Rights Nothing contained in this Agreement shall be construed as (a) establishing or granting to Registry Operator any property ownership rights or interests of Registry Operator in the TLD or the letters, words, symbols or other characters making up the TLD string, or (b) affecting any existing intellectual property or ownership rights of Registry Operator.

  • OWNERSHIP/TITLE The Licensed Software is the proprietary property of Symantec or its licensors and is protected by copyright law. Symantec and its licensors retain any and all rights, title and interest in and to the Licensed Software, including in all copies, improvements, enhancements, modifications and derivative works of the Licensed Software. Your rights to use the Licensed Software shall be limited to those expressly granted in this License Agreement. All rights not expressly granted to You are retained by Symantec and/or its licensors.

  • Equity Interests and Ownership The Equity Interests of each of Borrower and its Subsidiaries have been duly authorized and validly issued and are fully paid and non-assessable. Except as set forth on Schedule 4.2, as of the date hereof, there is no existing option, warrant, call, right, commitment or other agreement to which Borrower or any of its Subsidiaries is a party requiring, and there is no membership interest or other Equity Interests of Borrower or any of its Subsidiaries outstanding which upon conversion or exchange would require, the issuance by Borrower or any of its Subsidiaries of any additional membership interests or other Equity Interests of Borrower or any of its Subsidiaries or other Securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase a membership interest or other Equity Interests of Borrower or any of its Subsidiaries. Schedule 4.2 correctly sets forth the ownership interest of Borrower and each of its Subsidiaries as of the Third Restatement Date.

  • AUTHORITY; OWNERSHIP Such Stockholder has the full legal right, power and authority to enter into this Agreement. Such Stockholder owns beneficially and of record all of the shares of the Company Stock identified on Annex II as being owned by such Stockholder, and, except as set forth on Schedule 5.30, such Company Stock is owned free and clear of all liens, security interests, pledges, voting agreements, voting trusts, contractual restrictions on transfer, encumbrances and claims of every kind.

  • Company Ownership Company will own its respective right, title, and interest, including Intellectual Property Rights, in and to the Company Data. Company hereby grants BNYM a limited, nonexclusive, nontransferable license to access and use the Company Data, and consents to BNYM’s permitting access to, transferring and transmitting Company Data, all as appropriate to Company’s use of the Licensed Rights or as contemplated by the Documentation.

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