Definition of Technology Intellectual Property


Technology Intellectual Property means any Patent, Patent Rights or Trademark that at any applicable time after the Effective Date during the Term is Controlled by LD that is necessary or useful to make, use, sell, offer for sale, import or export the Product including without limitation Product Accessories for use in the Field within the Territory.

Examples of Technology Intellectual Property in a sentence

Notwithstanding the above, to the extent that any Improvements is solely created by a Party under this Agreement, without reference or use of the other Partys Technology, Intellectual Property or Confidential Information (as defined below), then such Party shall exclusively own such Improvements.
The Distributor may, only with the express written consent of the Manufacturer and at its own expense, apply for patents in any country on any discovery or invention which Distributor or its employees shall have obtained prior to the termination of this Agreement with respect to the Technology, Intellectual Property or Products.
Notwithstanding the foregoing, either Party may initiate a judicial or administrative action without first engaging in the escalation procedures described above with respect to: (a) any interim or injunctive relief with respect to a Dispute; or (b) any Dispute with respect to the Parties respective rights in any Technology, Intellectual Property Rights or Confidential Information.
Seller will immediately file the Mortgage and Featherweight Charge (each, a "Charge") and any reports or documents required to record them with ASIC and the Australian Patent Office and with all foreign equivalents thereof in jurisdictions where Technology Intellectual Property is registered and with any other local or foreign authority as required to give force, effect and priority to each Charge.
Seller must also share with Buyer, free of charge, all other information which is not part of the Technology Intellectual Property and that is required for the development of the Products.