Resulting IP definition
Examples of Resulting IP in a sentence
Partners may use IGER’s Background for purposes of project and for internal research purposes IGER’s Background may be made available to another partner for commercial purposes subject to commercial terms IGER’s Background to be licensed on fair and reasonable terms when necessary for another partner to commercially exploit its own Resulting IP.
In addition, VistaGen hereby assigns all right, title and interest in and to any unexercised or future option available to VistaGen pursuant to Section 4.3 of the VistaGen SRA, through which VistaGen may obtain an exclusive license to any Resulting IP (as defined in the VistaGen SRA) in the field set forth in [*****] Apollo Field of Use disclosed in such Invention Notice.
The College makes no representations or warranty that any Resulting IP or work done by Students will be fit for any purpose, or that its use will not infringe the Intellectual Property rights or other rights of any third party, and cannot accept responsibility for the consequences of any action taken as a result of work done by Students, or for any failure to complete an IE&D Project in satisfactory manner.
The College shall consider in good faith (and shall not unreasonably refuse, subject to any prior agreements or obligations relating to Intellectual Property) any request made during the Term by the Ideator, Inventor or IP Owner to assign the Resulting IP vested in the College to the appropriate Party.
The Recipient shall have a non-exclusive license to use the Resulting IP pursuant to this Agreement for the Term only.
During the term of this Agreement, the Parties shall co-operate, where reasonably required, in relation to the preparation and prosecution of patent applications and any other Resulting IP applications, and in relation to any legal proceedings concerning such patents and patent applications and any other Resulting IP applications.
Notwithstanding the foregoing, in order to avoid premature disclosure of Resulting IP and Confidential Information and any potential loss of potential Patent Rights as a result of premature public disclosure, the UHN Parties will submit any prepublication drafts to VistaGen for review and comment thirty (30) days prior to their planned submission for publication.
Canary will have authority to make all decisions regarding Commercialization of the Collaborative Products and the Resulting IP, including deciding not to Commercialize any Resulting IP.
Resulting IP shall be considered as part of Company’s Information.
In the event that VistaGen determines that it will pay for a patent application for the Resulting IP Invention disclosed in the Invention Notice, VistaGen shall send a written notice to UHN, within the Invention Notice Period, of VistaGen's intention to file one or more patent applications in respect of said Resulting IP Invention (the "Patent Notice").