Universal IP definition
Examples of Universal IP in a sentence
A license includes, but it not limited to, a Universal IP Port (UIP) license.
Where Adaptimmune wishes to grant any Third Party a license under the Universal IP in the context of any infringement or alleged infringement of any Universal IP, Adaptimmune and Universal will use good faith efforts to agree the terms of such Third Party license, in each case to the extent permitted by any Third Party agreement.
Universal shall then have the option to in its sole discretion and in its own name, through counsel of its choosing, take any measures it deems appropriate to stop such infringing activities in the relevant Major Territory by such Third Party, save that it shall have no right to grant any licenses under the Universal IP within the Field without Adaptimmune’s prior written consent.
Should Adaptimmune determine that it does not wish to enforce or to take any steps to enforce any Universal IP against a Third Party under this Clause 9.1(b) in any Major Territory, it shall notify Universal in writing ninety (90) days after first notice of the infringement.