Joint Ownership definition

Joint Ownership. - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.
Joint Ownership means each party has the right to independently exercise any and all rights of ownership now known or here after created or recognized, including without limitation the rights to use, reproduce, modify and distribute the developments for any purpose, without the need for further authorization to exercise any such rights or any obligation of accounting or payment of royalties;
Joint Ownership on pages 6 and 7. CONTRACT VALUE The sum of the Variable Account Contract Value and the Fixed Account Contract Value. CONTRACT YEAR Each year starting with either the Date of Issue or a Contract Anniversary.

Examples of Joint Ownership in a sentence

  • Islamic Law: Challenge of Joint Ownership of an Estate for a deceased Husband’s WifeThe rule of inheritance under the Islamic law stipulates that one third of the deceased husband’s inheritance be given to the wife.


More Definitions of Joint Ownership

Joint Ownership on pages 6 and 7. NON-QUALIFIED CONTRACT A Contract issued to fund a Non-Qualified Plan.
Joint Ownership or “Jointly Owned” or “Jointly Own”. Joint Ownership or Jointly Owned or Jointly Owns means that each Party shall own a fifty percent (50%) undivided interest in the relevant Invention, Know-How or Patent Right.
Joint Ownership means each party has the right to independently exercise any and all rights of ownership now known or later created or recognized, including without limitation the rights to use, reproduce, modify and distribute the Developments for any purpose, without the need for further authorization to exercise any such rights or any obligation of accounting or payment of royalties. Each party shall be the sole owner of any modifications that it makes based upon Developments. Customer may exercise its rights in Developments solely for its internal business operations and may not resell or distribute them. Notwithstanding the prior paragraph, if the laws of Austria, France, Germany, Hungary, Poland, Switzerland, or Ukraine apply to Services per the terms of this agreement or the determination of a court, all rights in Developments are owned by Microsoft, subject to the terms of this paragraph. Upon payment in full, Microsoft grants to Customer a non-exclusive license to Developments, except as may be explicitly agreed otherwise in a Statement of Services. Customer and Microsoft may use, reproduce, and modify the Developments in all ways of use (and all future ways of use) without any accounting or payment of royalties. Each party shall be the sole owner of any modifications that it makes based upon Developments. Customer may exercise its rights in Developments solely for its internal business operations and may not resell or distribute them. Affiliates’ rights. Customer may sublicense the rights contained in this subsection relating to Deliverables to its Affiliates, but Customer’s Affiliates may not sublicense these rights and Customer’s Affiliates’ use must be consistent with the license terms contained in this agreement.
Joint Ownership only if results are jointly generated results and it is impossible to determine the respective share of the work or to separate them for protection joint owners must reach an agreement, • Rights of employees & third parties. • Article 26 MGA
Joint Ownership means an undivided ownership shared by two or more persons other than a partnership. See RID Resolution 2-2020.
Joint Ownership. Means co-ownership or concurrent ownership of Private Land by two or more persons.
Joint Ownership or “Jointly Owned” or “Jointly Own” 12 1.34 “MAA” 12 1.35 “Major European Country” 12 1.36 “Milestones” 12 1.37 “NDA” 12 1.38 “Net Sales” 12 1.39 “Neurocrine Confidential Information” 13 1.40 “Neurocrine Materials” 14 1.41 “Neurocrine Patent Rights” 14 1.42 “Neurocrine Technology” 14 1.43 “Party” 14