Prior IP definition

Prior IP consists of each party's concepts, data, designs, developments, documentation, drawings, hardware, improvements, information, inventions, processes, software, techniques, technology, tools, and any other intellectual property, and any third party licenses or other rights to use any of the foregoing, that (a) exists prior to the Effective Date; or (b) are developed entirely independently by a party, at any time, (i) without any use, knowledge of, or reference to, the other party's confidential information or other information obtained in connection with this Agreement, and (ii) do not constitute Work Product.
Prior IP means all the ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Prior IP means any patents, patent applications, copyrights, trademarks, licenses, and Know-How, owned by a Party prior to the date of this Agreement.

Examples of Prior IP in a sentence

  • The Prior IP is not assigned to the Company under this Agreement, except to the extent that the Executive expressly assigns such Prior IP to the Company under the terms of a separate written instrument.

  • If no Prior IP is listed on Exhibit A, the Executive represents that no Prior IP exists.

  • Myriant owns or is the licensee of all right, title and interest in and to any pre-existing Intellectual Property Rights to the Myriant Process, including any Prior IP Record.

  • Myriant Improvements, as such Improvements are described herein and in any Prior IP Record, shall be the sole property of Myriant, and all rights, including Intellectual Property Rights, shall vest solely in Myriant.

  • If no Prior IP is listed on Exhibit A , the Executive represents that no Prior IP exists.

  • I understand and agree that I will not be required to disclose or assign to the University any Intellectual Property that I may have developed before I became a student of the University ("Prior IP").

  • However, if I continue to work on the Prior IP while I am a student at the University, the University may claim ownership of any new Intellectual Property as described in Section 3 below.

  • Upon effectiveness of termination of this Agreement, each Party shall remain owner of its pre-existing Intellectual Property Rights, including any Prior IP Record, as provided for in Items B.2.1 and B.2.2.

  • Each party retains all right, title and interest (including all IP Rights) in and to its Prior IP.

  • If there is any dispute about IP ownership, ModelCo will be deemed the rightful owner unless you can provide conclusive written evidence that the IP in dispute was Prior IP.


More Definitions of Prior IP

Prior IP has the meaning given in Clause 5.1;