Background IP definition

Background IP means all IP and IP Rights owned or controlled by Seller prior to the effective date or outside the scope of this Contract.

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Background IP means all Intellectual Property, information, data, software and materials belonging to a Party that are provided by that Party to the other for use in the Project (whether before or after the date of this Agreement), and including, but not limited to such Background IP as is set out in the Application but not, for the avoidance of doubt, the Foreground IP.

Background IP means any intellectual property and Intellectual Property Rights existing before the date of the Acceptance, and any Intellectual Property Rights generated after the date of Acceptance but outside the scope of these Terms;

Examples of Background IP in a sentence

During Phase I, each Party grants to the other a limited, non-exclusive, non-transferable, royalty-free license to use its Background IP solely to the extent necessary to perform obligations under the approved Scope of Work.
Nothing herein grants either Party exclusive rights to:  Defense markets outside the defined Program;  Independent Background IP activities;  Technologies not encompassed within the Scope of Work.
Nothing in this Agreement shall be construed as transferring ownership of Background IP from one Party to the other.
In the event that M▇▇▇▇▇’▇ forty percent (40%) interest in Phase I IP is transferred to Nuburu pursuant to Section 10.2.2 (Conditional Forfeiture), M▇▇▇▇▇ hereby grants to Nuburu, effective automatically upon such transfer, a perpetual, irrevocable, non-exclusive, worldwide, royalty-free license under any M▇▇▇▇▇ Background IP to the extent, and only to the extent, that such Background IP is necessary to use, reproduce, modify, manufacture, market, sell, license, or otherwise exploit the Phase I IP.
Each Party represents that it owns or has valid rights to use its Background IP contributed to the Program.

More Definitions of Background IP

Background IP of a party means any and all intellectual property rights that such party either (i) owned, controlled, or had rights with respect to prior to the Effective Date; or (ii) develops, or acquires ownership, control, or rights with respect to, during the term of this Agreement but which is not Collaboration IP.

Background IP means the Intellectual Property Rights either;

Background IP means the Intellectual Property Rights either: (a) owned by either of the Parties; (b) created, developed or invented by directors, managers, employees or consultants of either of the Parties; (c) to which the Party has licensed rights instead of ownership and the right to grant a sublicense prior to the execution of this Service Agreement, and any Intellectual Property Rights developed or otherwise acquired independently of this Service Agreement.

Background IP means IP which is created prior to or independently of this Contract.

Background IP means Intellectual Property that is (i) in existence prior to the effective date of the Order or (ii) is designed, developed, or licensed after the effective date of the Order independently of both the work undertaken or in connection with the Order and the proprietary information and IP of the other party to the Order.

Background IP means all Intellectual Property Rights owned or licensed by a party (a) before the effective date of the applicable Order Form or (b) independent of the Services.

Background IP means all Intellectual Property Rights owned by you and in existence prior to you first providing the Goods or Services to us;