Property Management for Publicly Funded Research Sample Clauses

Property Management for Publicly Funded Research. All Parties are committed to appropriate recognition of contributions to invention and exploitation of Intellectual Property for the benefit of the Australian community. The Parties each agree to ensure that their respective staff and Students working on the Project promptly provide to the Eligible Organisation written notice (within a reasonable time) of any Project IP that may have potential commercial value if and when such staff and Students become aware of such Project IP. The Parties who own Project Intellectual Property (as determined in accordance with clause 4.5) will consult and decide what (if any) measures should be taken to protect the Project IP and negotiate in good faith and using all best endeavours to agree the terms of any program of commercialisation arising from the Project IP so as to make fair and equitable arrangements to meet any costs associated with the protection and registration of the Project IP and to share in any commercial return associated with the Project and the Project IP. Having regard to any requirements to protect potentially commercially valuable Project IP and Intellectual Property in Study Materials, each Party grants to each other Party a non-exclusive, non-transferable, perpetual, royalty free, worldwide licence to use the Project IP and Intellectual Property in Study Materials they own for: non-commercial research, education and training purposes; and publication purposes (subject to clause 5 of this Agreement). The Participating Institution(s) grant or will procure the grant of a permanent, irrevocable, free, world-wide, non-exclusive licence (including the right to sub-license) to the Eligible Organisation to use, reproduce, communicate, modify and adapt any Project IP and Intellectual Property in Study Materials they own which is included in Research Material or Incorporated Material to satisfy clauses 10 and 13.5 of the Funding Agreement but for no other purpose.
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Property Management for Publicly Funded Research. The Administering Organisation must indemnify the Commonwealth and its Indemnitees, against all claims, demands, suits, liabilities, costs, expenses, damages and losses suffered or incurred by the Indemnitees arising out of or in connection with any actual or alleged infringement of a third party’s IP rights. This indemnity shall not apply to the extent that a claim under it results from the Commonwealth’s negligence or wilful misconduct. The indemnity referred to above survives the expiration or termination of this Agreement.
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Property Management for Publicly Funded Research. The Parties each agree to ensure that their respective staff and Students working on the Project promptly provide to the Administering Institution and Project IP owners written notice (within a reasonable time) of any Project IP that may have potential commercial value if and when such staff and Students become aware of such Project IP. The Party/ies who own Project IP will decide what (if any) measures should be taken to protect the Project IP and will only commercialise Project IP as agreed between the owners. The Parties will negotiate in good faith and use all best endeavours to agree the terms of any program of commercialisation arising from the Project IP so as to make fair and equitable arrangements: for the payment to Parties of a share of any commercialisation benefits received having regard to the contributions to the creation of the Project IP; for licences to Existing Material owned by a Party where the use or exploitation of the Project IP is reliant on such Existing Material; and to meet any costs associated with the protection and registration of the Project IP. Having regard to any requirements to protect potentially commercially valuable Project IP and the rights of Parties in their Existing Material, the Party/ies who own Project IP and Study Material grants to each other Party a non-exclusive, non-transferable, perpetual, royalty free, worldwide licence to use the Project IP and Study Material they own during the Project and after completion of the Project for: non-commercial research, education and training purposes; and publication purposes (subject to clause 6 of this Agreement). Any licences referred to in clause 4.11 includes a royalty-free licence to use any of that Party’s Existing Material to the extent necessary for each other Party to exercise the Project IP and Study Material where any Existing Material is incorporated in or necessary for the use of the Project IP and Study Material. The Participating Institution(s) grant or will procure the grant of a permanent, irrevocable, free, world-wide, non-exclusive licence (including the right to sub-license) to the Administering Institution to use, reproduce, communicate, modify and adapt any Project IP and Study Material they own which is included in Research Material or Incorporated Material to satisfy 12.5 of the Funding Agreement.
Sample 1
Property Management for Publicly Funded Research. All Parties are committed to appropriate recognition of contributions to invention and exploitation of Intellectual Property for the benefit of the Australian community. The Parties each agree to ensure that their respective staff and Students working on the Project promptly provide to MH written notice (within a reasonable time) of any Project IP that may have potential commercial value if and when such staff and Students become aware of such Project IP. The parties will notify each other of any Project IP that might have commercial potential and the parties will negotiate in good faith the terms of any Commercialisation of the Project IP so as to share fairly any associated commercial return associated with the Project and the Project IP. Having regard to any requirements to protect potentially commercially valuable Project IP, each Party grants to each other Party a non-exclusive, non-transferable, perpetual, royalty free, worldwide licence to use the Project IP they own for: non-commercial research, education and training purposes; and publication purposes (subject to clause 5 of this Agreement). The Participating Institution(s) grant a permanent, irrevocable, free, world-wide, non-exclusive licence (including the right to sub-license) to MH to use the Project IP they own to satisfy clauses 9 and 12.5 of the NHMRC Funding Agreement but for no other purpose. The Parties will use their best endeavours to arrange for each of their authors to provide the relevant consent as may be required by the NHMRC to the infringement of those authors’ Moral Rights in accordance with clauses 12.6, 12.7 and 12.8 of the NHMRC Funding Agreement.
Sample 1

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