Existing Proprietary Property definition

Existing Proprietary Property means all intellectual property rights in the Technology, including without limitation, (i) any and all patent applications filed worldwide based upon the Technology, including any and all continuations, divisions and continuations-in-part thereof, and all patents, inventor's certificates, utility models and the like issuing therefrom worldwide, including any and all re-examinations, reissues, renewals and extensions thereof, (ii) any copyrightable or copyrighted works based upon the Technology, including computer software and computer programs, (iii) any confidential or proprietary know-how and information regarding the Technology, (iv) any trademarks and trade names associated with the Technology, whether or not registered, and (v) all fixed representations, hardware, hard copies, computer-readable media and other tangible implementation of the Technology (collectively, the "Proprietary Property"), patent rights, copyrights, trademarks and trade secret rights. "Existing Proprietary Property" shall also include patent rights in the Technology that are pending as of the date hereof.
Existing Proprietary Property shall also include patent rights in the Technology that are pending as of the date hereof.
Existing Proprietary Property means all intellectual property rights in the Technology, including without limitation, (i) any and all patent applications filed worldwide based upon the Technology, including any and all continuations, divisions and continuations-in-part thereof, and all patents, inventor's certificates, utility models and the like issuing therefrom worldwide, including any and all re-examinations, reissues, renewals and extensions thereof, (ii) any copyrightable or copyrighted works based upon the Technology, including computer software and computer programs, (iii) any confidential or proprietary know-how and information regarding the Technology,

Examples of Existing Proprietary Property in a sentence

  • Datotech makes no representations about and disclaims all warranties, express or implied, about the Technology, the Existing Proprietary Property, and any improvements thereto.

  • During the term of this Agreement Datotech shall utilize its best efforts to maintain all Existing Proprietary Property in valid force and effect.

  • In consideration of the payment to Datotech of the Purchase Price, Datotech hereby grants to Biometrics Security the perpetual, royalty-free, sole and exclusive divisible and assignable license to commercially exploit the Technology and the rights constituting the Existing Proprietary Property for the Licensed Items subject to all of the terms, conditions and restrictions contained in this Agreement.

  • The rights granted hereunder include, without limitation, the marketing, use, sale and distribution of the Technology and the rights constituting the Existing Proprietary Property for Licensed Items.

  • Datotech shall conduct research and development of the Technology with the ultimate goal of developing the Technology and Existing Proprietary Property for the Licensed Items and otherwise maximize the commercial value of the Technology and Existing Proprietary Property for the Licensed Items.

  • Datotech hereby grants Biometrics Security the sole, transferable and exclusive Option, for the Option Period to acquire the exclusive rights to exploit the Technology, the Existing Proprietary Property, and any proprietary property related to the Technology conceived pursuant to this Agreement within the Territory for Licensed items through an exclusive license agreement in the form attached hereto as Exhibit A.

  • Datotech hereby grants NetFace the sole and exclusive Option, for the Option Period to acquire the exclusive rights to exploit the Technology, the Existing Proprietary Property, and any proprietary property related to the Technology conceived pursuant to this Agreement within the Territory for Licensed Items through an exclusive license agreement in the form attached hereto as Exhibit A.

  • TECHNOLOGY Datotech represents, warrants and covenants that Datotech is the owner of the Existing Proprietary Property and has the exclusive right and license for the use of the Technology together with the right to sub-license to others, manufacture, distribute and sell the Technology in connection with the Licensed Items.

  • Biometrics Security may disclose any portion of the Technology, the Existing Proprietary Property, and the improvements to a third party only pursuant to a written agreement between Biometrics Security and any third-party, approved by Datotech, obligating such third party to secrecy regarding the disclosure.

  • Datotech shall conduct research and development of the Technology with ultimate goal of developing the Technology and Existing Proprietary Property for the Licensed Items and otherwise maximize the commercial value of the Technology and Existing Proprietary Property for the Licensed Items.


More Definitions of Existing Proprietary Property

Existing Proprietary Property means all intellectual property rights in the Technology, including without limitation, (i) any and all patent applications file worldwide based upon the
Existing Proprietary Property shall also include patent rights in the Technology that are pending as of the date hereof. (c) "License Agreement" shall mean the License Agreement attached hereto and made apart hereof as Exhibit A that may be executed by the parties hereto upon the exercise by Biometrics Security of the Option granted to Biometrics Security hereunder. (d) "Licensed Items" shall mean the interfaces and software for executing banking and financial transactions, in which the Technology may be utilized pursuant to the execution by the parties herein of the License Agreement. (e) "Option" shall mean the sole, transferable and exclusive Option of Biometrics Security to acquire, for the Option Price, the exclusive licensing rights for the exploitation of the Technology within the Territory through a license agreement. (f) "Option Period" shall mean the period commencing on the date hereof and ending three months from the date when a reasonably acceptable prototype is made available to Biometrics Security by Datotech. (g) "Option Price" shall mean the amount of $320,000 US Dollars fully creditable towards any amount, which may be owed to Datotech pursuant to the execution of the License Agreement. (h) "Prototype" shall mean a device using Datotech Technology that will demonstrate, beyond any reasonable doubt, multi-touch gesture recognition and individual gestures utilizing a PC system. Datotech commits to use its best efforts to make this prototype available, at a charge of $3,000,000 US Dollars to Biometrics Security, within 12 months of the delivery of $3,000,000 US Dollars to Datotech. This charge of $3,000,000 US Dollars is fully creditable towards any amount that may be owed to Datotech pursuant to the execution of the License Agreement. (i) "Technology" shall mean Datotech's proprietary gesture recognition technology ("GRT") system comprising multiple-touch sensors and related hardware, gesture recognition algorithms and software, and user interface designs for mapping gestures to control electronic devices, as well as alterations, improvements, modifications and derivatives to the Technology described herein, as well as all related software, documentation and other materials, embodying GRT theretofore or hereafter created or developed by Datotech. (j) "Territory" shall mean all major markets worldwide.
Existing Proprietary Property shall also include patent rights in the Technology that are pending as of the date hereof. (b) "License Agreement" shall mean this License Agreement by and between Datotech, as Licensor, and Biometrics Security, as Licensee. (c) "Licensed Items" shall mean the interface and software for banking and financial transactions, in which the technology might be utilized pursuant to the execution by the parties herein of this License Agreement.

Related to Existing Proprietary Property

  • Proprietary Property The term "Proprietary Property" is collectively and severally defined as any written or tangible property owned or used by Company in connection with Company's business, whether or not such property also qualifies as Confidential Information. Proprietary Property shall be broadly defined and shall include, by way of example and not limitation, products, samples, equipment, files, lists, books, notebooks, records, documents, memoranda, reports, patterns, schematics, compilations, designs, drawings, data, test results, contracts, agreements, literature, correspondence, spread sheets, computer programs and software, computer print outs, other written and graphic records, and the like, whether originals, copies, duplicates or summaries thereof, affecting or relating to the business of Company, financial statements, budgets, projections, invoices.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Project Intellectual Property means any Intellectual Property created under, or otherwise in connection with the Project.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Company Intellectual Property Agreements means any Contract to which the Company or any Subsidiary is a party or is otherwise bound and (A) pursuant to which the Company or any Subsidiary has granted any rights with respect to any Company Intellectual Property or has been granted any rights with respect to any Third-Party Intellectual Property, or (B) that otherwise governs any Company Intellectual Property.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Intellectual Property Agreement means the agreement in substantially the form set forth as Exhibit B.

  • Contractor attributional/proprietary information means information that identifies the contractor(s), whether directly or indirectly, by the grouping of information that can be traced back to the contractor(s) (e.g., program description, facility locations), personally identifiable information, as well as trade secrets, commercial or financial information, or other commercially sensitive information that is not customarily shared outside of the company.

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.

  • Intellectual Property Agreements means all licenses, sublicenses and other agreements by or through which other Persons grant Seller or Seller grants any other Persons any exclusive or non-exclusive rights or interests in or to any Intellectual Property that is used in connection with the Business.

  • Intellectual Property Matters Agreement means the Intellectual Property Matters Agreement to be entered into by and between Parent and SpinCo or the members of their respective Groups in connection with the Separation, the Distribution or the other transactions contemplated by this Agreement, as it may be amended from time to time.

  • Receiving property means a lot or parcel within which

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Contractor attributional/proprietary information means information that identifies the contractor(s), whether directly or indirectly, by the grouping of information that can be traced back to the contractor(s) (e.g., program description, facility locations), personally identifiable information, as well as trade secrets, commercial or financial information, or other commercially sensitive information that is not customarily shared outside of the company.

  • Company Intellectual Property Assets means the Intellectual Property Assets used or owned by the Company or any of its subsidiaries.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Company Intellectual Property means any Intellectual Property that is owned or purported to be owned by the Company or any of its Subsidiaries.

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Software Intellectual Property means:

  • Intellectual property record means a record, other than a financial or administrative record, that is produced or collected by or for faculty or staff of a state institution of higher learning in the conduct of or as a result of study or research on an educational, commercial, scientific, artistic, technical, or scholarly issue, regardless of whether the study or research was sponsored by the institution alone or in conjunction with a governmental body or private concern, and that has not been publicly released, published, or patented.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • New Intellectual Property means all data, discoveries, developments, inventions (whether patentable or not), improvements, methods of use or delivery, processes, know-how, or trade secrets which are generated, conceived, reduced to practice or otherwise made by or on behalf of Recipient as a result of the conduct of the Research Plan or as a result of the use of any Data Set provided to Recipient under this Agreement.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):