Jointly Owned Intellectual Property definition

Jointly Owned Intellectual Property means Intellectual Property conceived and first reduced to practice jointly by one or more employees of the University and by one or more employees of the Sponsor.

Jointly Owned Intellectual Property is defined in Section 14.6.

Jointly Owned Intellectual Property means Newly Created Intellectual Property that is owned by both parties in accordance with the terms of this Agreement.

Examples of Jointly Owned Intellectual Property in a sentence

• In the event that either or both Parties are pursuing enforcement pursuant to SECTION 5.2 (Enforcement of Jointly Owned Intellectual Property Rights), any licensing of the respective Jointly Owned Intellectual Property Right to the alleged Third Party infringer shall be pursued (with the intent that the actual or alleged infringement is regularized by appropriate license terms) by the Party or Parties pursuing the action until the conclusion of the respective action.

• Both parties agree to execute without further consideration any and all further documents or assurances as may be necessary to effect the above or to assist one party in protecting (including the filing of patents) the Jointly Owned Intellectual Property.

• Each Party shall promptly notify the other Party if it becomes aware of a possible infringement by a Third Party of any Jointly Owned Intellectual Property Rights.

• Intellectual Property Rights originated, discovered or developed jointly by both parties ("Jointly Owned Intellectual Property") shall be jointly owned and each party shall have the unrestricted right under Jointly Owned Intellectual Property to make, use, sub-license and/or sell any product anywhere in the world, in Object Code form only, without any restriction by the other party.

• For purposes of this Section 14.6, such Intellectual Property shall be referred to as the “Jointly Owned Intellectual Property”, and each of the two joint owners of the Jointly Owned Intellectual Property shall be referred to as a “Joint Owner”.

More Definitions of Jointly Owned Intellectual Property

Jointly Owned Intellectual Property means Intellectual Property owned jointly by the Center and the Grant Recipient pursuant to Clause 13.;

Jointly Owned Intellectual Property means the Intellectual Property jointly owned by MLP Sub and OPCO pursuant to the Contribution Agreement, each of MLP Sub and OPCO holding a joint and undivided interest in such Intellectual Property.

Jointly Owned Intellectual Property has the meaning set out in the Product Development Agreement;

Jointly Owned Intellectual Property is the Intellectual Property of Borrower described on Exhibit C hereto. means (i) US Patent No. 5654864 for Control Method For Magnetic Stereotaxis System (5236-000103), jointly owned with UVA; (ii) US Patent No. 6834201 for Catheter Navigation Within An MR Imaging Device (5236-000428) jointly owned with Medical College of Virginia; and (iii) application 11/627406 Magnetically Guidable Energy Delivery Apparatus And Method Of Using Same (5236-000762) jointly owned with Xxxxxxx Medical.

Jointly Owned Intellectual Property means individually and collectively all inventions, improvements or discoveries which are made jointly as defined in U.S. Patent law by one or more employees of IQT and one or more employees of Developer in performance of any Services under the Statement of Work.

Jointly Owned Intellectual Property means (i) any trade secrets, technical data, designs, concepts, processes, formulae, know-how and information, copyright, patent or other intellectual property rights relating to the Battery Model Software developed pursuant to the Project; “Use” means the right to use, practice, make, have made, reproduce, modify, enhance, upgrade, create derivative works, import, export, copy and sell, offer for sale, license and/or sublicense, except as otherwise provided in this Second Amendment.

Jointly Owned Intellectual Property has the meaning set forth in the Collaboration Agreement.