Jointly Owned Patents definition

Jointly Owned Patents has the meaning set forth in Section 15.2(b)(i).

Jointly Owned Patents shall have the meaning set forth in Article 12.2.

Jointly Owned Patents any patent or patent application filed on inventions arising out of Product Development and where such patent or patent application is filed in the names of at least two individuals one of which has an obligation to assign to MAYO and one of which has an obligation to assign to the COMPANY.

Examples of Jointly Owned Patents in a sentence

• Such arrangement shall address the disposition of any damages or monetary awards resulting from any enforcement of the Jointly Owned Patents.

• If either party desires to transfer its ownership interest in the Jointly Owned Patents or Jointly Owned Patent Applications, the non-transferring party shall have first right of refusal of such ownership interest.

• The grant of rights in Sections 2.01 and 2.02 are subject to the rights of the United States government, if any, in the Licensed Patents, the Jointly Owned Patents and Know-How and MAYO’s and its Affiliates’ reserved, irrevocable and royalty free right under the Licensed Patents and Jointly Owned Patents to make, have made, use, offer for sale and sell (for the benefit solely of MAYO and its Affiliate’s programs, including research), any product or service and to use the Know-How for the same.

• All tasks must be carried out in accordance with enterprise procedures.

• The foreign entrepreneur referred to in Article 20d(1)(c) intending to conduct economic activity involving raw tobacco within the territory of the country shall be obliged to appoint a representing entity within the territory of the country for the purposes of excise duty.

More Definitions of Jointly Owned Patents

Jointly Owned Patents means those Assigned Patents identified in Schedule 3.2(a) that are owned by one or more of the Sellers and any other Person who is not a party to this Agreement or an Affiliate of a party to this Agreement.

Jointly Owned Patents means the Patents listed in Appendix 1.35 hereto, as amended from time to time.

Jointly Owned Patents means (i) any patent application claiming inventions arising out of Product Development or Product Testing activities conducted for COMPANY by the Mayo Neurological Device Group and/or the VGL Neurological Device Group pursuant to this Agreement that has as inventors (a) employees of MAYO and/or employees or members of VGL and (b) employees of COMPANY, (ii) all patents issuing from any of the foregoing, (iii) all continuations, divisions, continuations in part, substitutions, reissues, or reexaminations of any of the foregoing patents or patent applications, as applicable, and (iv) all foreign counterparts of any of the foregoing.

Jointly Owned Patents shall be defined as set forth in Section 9.5.

Jointly Owned Patents means the Issued US Patents listed above, patents issued on the Foreign National or Regional Patent Applications listed above, and any patents that issue directly from any Jointly Owned Patent Application.

Jointly Owned Patents means (a) any and all U.S. Patent Applications related or derived from Solely Owned Patents as defined below that name as inventors at least one inventor who is named as an inventor in a Solely Owned Patent and is obligated to assign his/her rights in such invention to Stanford and at least one inventor who is obligated to assign his/her rights in such invention to RUGA; (b) any and all foreign patent applications corresponding thereto for any of these patent applications defined herein; (c) any and all patents that issue from any of these patent applications defined herein; and (d) any and all reissues, reexaminations or foreign equivalents thereof of any of these patents defined herein.

Jointly Owned Patents is as described in Article 14.1(b).