Sole IP definition
Examples of Sole IP in a sentence
If ▇▇▇▇▇▇▇▇▇ elects, in good faith, to maintain any Joint IP or ▇▇▇▇▇▇▇▇▇ Sole IP as a trade secret, then MSI shall not file a patent application on such IP, and shall make good faith efforts to protect these trade secrets from unauthorized disclosure, and it will behave in ways that preserve the value of the trade secret status.
Except as set forth in Section 11.3.2(a), as between the Parties, Precision has the sole right to initiate any proceedings or take other appropriate actions against an Infringement of any Precision Background IP or Precision Sole IP or to defend against any challenge of any Precision Background IP or Precision Sole IP.
Roche shall […***…] Handle all Roche Patent Rights and Patent Rights within Roche Sole IP other than Joint Patent Rights (which Joint Patent Rights will be Handled under Section 16.5 if applicable or otherwise under Section 16.2).
Subject to Section 16.5, BPM shall […***…] Handle all Patent Rights within BPM Sole IP other than Joint Patent Rights (which Joint Patent Rights will be Handled under Section 16.5 if applicable or otherwise under Section 16.2).
Sole IP of each party, and Joint IP shall be subject to the provisions hereof, including without limitation the license, payment, and diligence provisions.
MSI and ▇▇▇▇▇▇▇▇▇ each have the right to file, prosecute and maintain patents relating to any and all of their respective Sole IP, at the owner’s sole discretion and expense, with no obligation to inform or consult with the other except as expressly provided herein.
Subject to the terms and conditions of this Agreement, Beta hereby grants to ADC and its Affiliates, manufacturers, distributors, and customers a non-exclusive, royalty-free, fully paid-up, perpetual, irrevocable license under any of Beta’s Sole IP that was invented, discovered, reduced to practice, or created using CGM Data and that relates to analyte sensing or monitoring for use in products sold, distributed, or manufactured by or on behalf of ADC or its Affiliates.
Upon FOUNDATION’s receipt of a written invention disclosure describing any FOUNDATION Sole IP or Joint IP developed under this Agreement, it will notify COMPANY in writing and provide all available, pertinent information for evaluation by COMPANY.
TGTX has the sole right to initiate any proceedings or take other appropriate actions against an infringement of any TGTX Background IP or TGTX Sole IP and to defend against any challenge of any TGTX Background IP or TGTX Sole IP that are brought by a Third Party in connection with such infringement.
TGTX agrees to assign and hereby assigns to Precision all of its and its Affiliates’ right, title and interests in and to the Precision Sole IP and agrees to execute such documents and perform such other acts as Precision may reasonably request to obtain, perfect and enforce the Precision Sole IP and the assignment thereof.