Common use of Project Intellectual Property Clause in Contracts

Project Intellectual Property. Ownership of the Project Intellectual Property to which the Minister has directly contributed, and the ownership of Project Intellectual Property Rights therefore, shall vest in the Recipient and shall remain in Canada for the Term unless otherwise agreed to by the Minister.

Appears in 2 contracts

Samples: AbCellera Biologics Inc., AbCellera Biologics Inc.

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Project Intellectual Property. Ownership Ownership, exploitation and commercialization of the Project Intellectual Property to which the Minister has directly contributed, and the ownership of Project Intellectual Property Rights thereforetherefor, shall vest in the Recipient and shall remain in Canada for the Term of this Agreement unless otherwise agreed to by the Minister.

Appears in 1 contract

Samples: Spire Global, Inc.

Project Intellectual Property. Ownership and exploitation of the Project Intellectual Property to which the Minister has directly contributed, and the ownership of Project Intellectual Property Rights therefore, shall vest in the Recipient and shall remain in Canada for the Term of this Agreement unless otherwise agreed to by the Minister.

Appears in 1 contract

Samples: Algoma Steel Group Inc.

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Project Intellectual Property. Ownership and exploitation of the Project Intellectual Property to which the Minister has directly contributed, and the ownership of Project Intellectual Property Rights therefore, shall vest in and be owned by the Recipient Recipients and shall remain in Canada for the Term unless otherwise agreed to by the Minister. Subject to the Minister’s written consent, the Recipients may grant a security interest in their Project Intellectual Property.

Appears in 1 contract

Samples: D-Wave Quantum Inc.

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