IP Applications definition
Examples of IP Applications in a sentence
The Institutions hereby authorise ETPL or its nominee to file and manage the IP Applications and agree to give ETPL or its nominee reasonable assistance in prosecuting the IP Applications and will execute or cause to be executed all assignments and other instruments and documents as may be necessary or appropriate.
In accordance with CGIAR IA Principles, the Parties agree that no such IP Applications will be made unless they are necessary for the further improvement of such Intellectual Assets or for the public good.
In the event that ETPL or its nominee exercises the Option, ETPL or its nominee will determine the appropriate IP Applications to be filed and be responsible for the cost associated therewith.
In the case where ETPL exercises its option under paragraph 1(i) above, all IP Applications will be made in the names of the Institutions designated as proprietors of the relevant Research IP as notified to ETPL or its nominee by the Host Institution.
The Company shall keep NTU informed of the status of the IP Applications from time to time.
The IP Lead Party shall further ensure compliance with all applicable Singapore and other patent laws and regulations when filing the IP Applications, including obtaining any necessary national security clearances from the Intellectual Property Office of Singapore prior to any foreign filings of IP Applications.
The Company shall be responsible for managing the filings, prosecution and maintenance of the IP Applications.
NTU shall do all such other acts and things as may be necessary as the Company may reasonably request, at the Company’s cost and expense, to assist or enable the Company to maintain the IP Applications.
All files for all Acquired Companies Registered Intellectual Property or IP Applications owned by the Acquired Companies are true, accurate and complete in all material respects.
By means of example, Assignee and ▇▇▇▇ shall contribute equally to the direct cost and expense of any and all development, exploitation, monetization of, and/or license of the Non-Beverage IP Applications (except for any allocation of general overhead expenses) (the “Exploitation Costs”), and Assignee shall have the right to withhold ▇▇▇▇’▇ 50% share of all Exploitation Costs, from first monies or other revenue received in regards such Non-Beverage IP Applications.