Licensed IP definition

Licensed IP means the Licensed Patents and the Licensed Know-How.
Licensed IP means the Intellectual Property that is necessary and material to the business of the Company and the Subsidiaries as presently conducted or as proposed to be conducted and that is owned by any person other than the Company or any Subsidiary;

Examples of Licensed IP in a sentence

  • Notwithstanding section 2.2, MDS AT retains the right to all Licensed IP in fields other than the Field.

  • MDS AT shall have the right to bring an action for infringement of the Licensed IP against alleged infringers.

  • MDS AT hereby grants to DVS a non-exclusive, royalty bearing worldwide license under the Licensed IP, with the right to make, have made, use, lease and sell, without right to sublicense, Licensed Reagents in fields other than the Field.

  • Should DVS, during the term of this Agreement, develop any Improvements to the Licensed IP described or claimed in any of the patent or patent applications listed in Schedule A, whether patentable or not, DVS shall disclose the same to MDS AT.

  • Subject to the terms and conditions of this Agreement, DVS hereby grants to Fluidigm under the Licensed IP, a non- exclusive, royalty-bearing, worldwide license, with the right to grant sublicenses solely to Fluidigm’s Affiliates, to make, have made, use, lease, sell, and otherwise commercialize Licensed Products in the Field.


More Definitions of Licensed IP

Licensed IP means the Intellectual Property owned by any person other than the Corporation and to which the Corporation has a license which has not expired or been terminated;
Licensed IP means the Intellectual Property owned by any person other than the Corporation and the Subsidiary and which the Corporation and/or the Subsidiary uses;
Licensed IP shall have the meaning set forth in Section 4.1.37(b) hereof.
Licensed IP means the Licensed Patent Rights and the Licensed Know-How.
Licensed IP means Company Intellectual Property that is licensed to the Company or any of its Subsidiaries, excluding (i) off-the-shelf software and software that is generally available for license on a mass market commercial basis pursuant to a standard form agreement that is not subject to negotiation for annual fees that do not exceed $20,000, and (ii) other software that is not material to the conduct of the business of the Company or any of its Subsidiaries and can be readily replaced for $100,000 or less with software that provides substantially the same features, functionalities and overall performance.
Licensed IP means the Licensed Know-How and Licensed Patents.
Licensed IP means, collectively, the Licensed Know-How and Licensed Patent Rights.