Examples of Third Party IPR in a sentence
Guidance Note for clause 10.4: This clause applies if a party proposes to use Third Party IPR for the Project.Third Party IPR will likely have licensing arrangements that are different (and typically more limited) compared to the licensing arrangements for the Results under the Agreement.
This clause 10 does not affect the ownership of any IPR in: Guidance Note for clause 10.1(a): The ownership of all other IPR used in performing the Project, including Pre-existing IPR and Third Party IPR, is not affected by this Agreement.
Where the Owner of the IPR in the Results has terminated the Agreement under clause 21.3(a), or the Licensee has terminated the Agreement under clause 21.2(a), in addition to Use of the IPR in the Results for the Purpose, the Licensee may Use the IPR in the Results (but not the Owner's Pre-Existing IPR or Third Party IPR) to otherwise complete the Project itself or to engage a third party to complete the Project.
For example, the Licensee can modify or adapt the Results, which is often prohibited for Third Party IPR.If Third Party IPR will be used, the Third Party IPR must be listed in section 7 of Schedule 3, together with any restrictions on the use of that Third Party IPR.
Guidance Note for clause 10.5: This clause reiterates that the licences for using the University's Pre-existing IPR and Third Party IPR do not permit Commercialisation.