BCV Improvements definition

BCV Improvements means all Sole Inventions and Technology and other intellectual property, whether or not patentable, that are conceived of, discovered, developed or authored after the Effective Date, by or on behalf of BCV, whether alone or together with Third Parties, whether or not in connection with this Agreement, that relate to or are an improvement to or derivative of any Biofuel IP. BCV Improvements excludes Joint Inventions and Joint Patents.
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Examples of BCV Improvements in a sentence

  • BCV grants to Senesco, and Senesco accepts, subject to the terms and conditions of this Agreement, an exclusive, fully paid-up, perpetual and worldwide license, with the right to grant sublicenses through multiple tiers, under the BCV Improvements, Joint Inventions and Joint Patents to research, develop, make, have made, use, sell, offer for sale and otherwise commercialize products and services in the Senesco Field.

  • BCV shall have the right, at its own cost and expense, to be represented in any such action brought by Senesco or its Affiliates, to the extent involving Patent Rights claiming BCV Improvements or Joint Patents, by counsel of BCV’s own choice; provided, however, that under no circumstances shall the foregoing affect the right of Senesco and its Affiliates to control the suit or other legal action as described in the first sentence of this Section 7.3(c).

  • If, during the Term, either Party learns of any actual, alleged or threatened infringement or misappropriation by a Third Party of any Biofuel IP or BCV Improvements, such Party shall promptly notify the other Party and shall provide such other Party with available evidence of such infringement or misappropriation.

  • Promptly after the filing, submission or receipt thereof, then BCV shall provide Senesco with copies of new applications for any such Patent Rights and all material correspondence received from and all material submissions to be made to any government patent office or authority with respect to any patent application or patent claiming BCV Improvements.

  • The term “embodiments” of intellectual property includes all tangible, intangible, electronic or other embodiments of rights and licenses hereunder, including all compounds and products embodying intellectual property, Licensed Products, regulatory filings and related rights, and Biofuel IP, Joint Inventions, Joint Patents and BCV Improvements.