Process Intellectual Property definition
Examples of Process Intellectual Property in a sentence
Subject to the terms and conditions of this JDA, Genomatica hereby grants to T&L a non-exclusive, royalty-free license to practice Process Intellectual Property and JDA Intellectual Property for the development, production, sale and distribution of materials or products other than BDO.
All Process Intellectual Property, other than the PROESA™ Intellectual Property, will be owned by Genomatica.
The Parties shall use commercially reasonable efforts to promptly disclose and jointly identify all Process Intellectual Property during the term this JDA.
The Parties shall use commercially reasonable efforts to promptly disclose and jointly identify all Process Intellectual Property during the term of this JDA.
Chemtex hereby irrevocably transfers, conveys and assigns to Genomatica all of its right, title, and interest in the Process Intellectual Property, other than the PROESA™ Intellectual Property, and agrees to execute such documents, render such assistance, and take such other action as Genomatica may reasonably request, at Genomatica’s expense, to apply for, register, perfect, confirm, and protect Genomatica’s ownership rights in such Process Intellectual Property.
T&L hereby irrevocably transfers, conveys and assigns to Genomatica all of its right, title, and interest in the Process Intellectual Property.
T&L shall execute such documents, render such assistance, and take such other action as Genomatica may reasonably request, at Genomatica’s expense, to apply for, register, perfect, confirm, and protect Genomatica’s ownership rights in the Process Intellectual Property, and Genomatica shall have the exclusive right to apply for and register any patents and other proprietary protections with respect to the Process Intellectual Property.
In the event either Party becomes aware that a Third Party may be offering a Licensed Asset or may be otherwise infringing Licensed Process Intellectual Property, Innovation1 shall have the right, but not the obligation, to initiate a lawsuit or take other appropriate action at its sole cost and expense that it believes is reasonably required to prevent or a▇▇▇▇ actual or threatened infringement, or otherwise protect or enforce, Licensed Process Intellectual Property.
Subject to the licenses and rights granted to Innovation1 under this Agreement, as between the Parties, NLC shall own the entire right, title and interest in and to any and all Licensed Assets, including, without limitation Licensed Process Intellectual Property.
For clarity, Amyris shall not provide Foundry Intellectual Property or Overlapping Process Intellectual Property to Ginkgo that (i) is not owned or Controlled by Amyris or (ii) is not necessary or does not have a material benefit for Ginkgo to engineer and develop robust strains that scale to commercial production of Product(s) under this Agreement.