Application for Intellectual Property Rights Sample Clauses

The 'Application for Intellectual Property Rights' clause outlines the procedures and responsibilities related to seeking legal protection for intellectual property (IP) developed under an agreement. Typically, this clause specifies which party is responsible for filing applications for patents, trademarks, copyrights, or other IP rights, and may detail the process for sharing information, costs, and cooperation between parties during the application process. Its core function is to ensure that valuable innovations or creations are properly protected and that both parties understand their roles, thereby preventing disputes over ownership or missed opportunities to secure IP rights.
Application for Intellectual Property Rights. In the case that any development or a part of it which is entered into the project by either Party, and which this Party developed without reference to information of the other Party, can be protected by Intellectual Property Rights, either Party shall promptly enter such application to the respective authorities. Either Party shall refrain from applying for any Intellectual Property Rights for such development or information or parts of such development or information which is provided by the other Party, unless agreed to by both Parties and filed jointly under the provisions of Item B.5.4.
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Application for Intellectual Property Rights. In the case that NU has not applied for Intellectual Property Rights arising from the Funded Research and belonging to NU, if Company or Company’s appointee desires to apply for such rights, subject to a separately executed assignment agreement, NU shall assign such rights to Company or the Company’s appointee and Company shall apply for such rights at its sole cost and expense.
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Application for Intellectual Property Rights. 1. If Inventions are made in the course of the Joint Research, UEC or Partner shall promptly notify the other party. 2. If a Researcher of UEC or Partner produces an Invention independently as a result of the Joint Research, such Invention shall belong to UEC or Partner exclusively and the respective party may make an application independently. In such a case, prior to making an application for Intellectual Property Rights for the Invention, advance confirmation shall be obtained from the other party that it is an independent invention. 3. If the Researchers of UEC and Partner produce an Invention jointly as a result of the Joint Research, the rights shall belong to UEC and Partner jointly or to one or the other as granted in consultation between the parties. 4. If the rights are to be shared by UEC and Partner pursuant to the provision in the preceding clause, the parties shall decide the respective ownership ratios, conclude a Joint Patent Application Agreement, and make a joint application. The licensing fees received when the Intellectual Property Rights shared by UEC and Partner are licensed to a third party shall be distributed between UEC and Partner according to their respective ownership ratios of the licensed intellectual property, after subtracting the expenses required for negotiations or other procedures. 5. When rights are granted to either UEC or Partner pursuant to the provisions of the preceding clause 3, the parties shall determine a transfer price and conclude a Transfer Agreement. 6. Notwithstanding the preceding clauses, the handling of Program Works shall be as prescribed in Article 13.
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Application for Intellectual Property Rights. 1. In case Inventions arise from the Joint Research, UEC or Partner shall promptly notify the other party. 2. If a Researcher of UEC or Partner produces an Invention independently as a result of the Joint Research, this shall belong to UEC or Partner exclusively and the respective party may make application independently. In such a case, prior to making application for Intellectual Property Rights for the Invention, advance confirmation shall be obtained from the other party that it is an independent invention. 3. If Researchers of UEC and Partner produce an Invention jointly as a result of the Joint Research, the rights shall belong to UEC and Partner jointly or to one or the other as granted in consultation between the parties. 4. If the rights are to be shared by UEC and Partner pursuant to the provision of the preceding clause, they shall decide the respective ownership ratios, conclude a Joint Patent Application Agreement, and make joint application. The licensing fees received when the Intellectual Property Rights shared by UEC and Partner are licensed to a third party shall be distributed between UEC and Partner according to their respective ownership ratios of the licensed intellectual property, after subtracting the expenses required for negotiations or other procedures. 5. When rights are granted to either UEC or Partner pursuant to the provisions of preceding clause 3, the parties shall decide a transfer price and conclude a Transfer Agreement. 6. Notwithstanding the preceding clauses, the handling of Program Works shall be as prescribed in Article 13.
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Related to Application for Intellectual Property Rights

  • Patents and Intellectual Property Rights Recipients are subject to the ▇▇▇▇-▇▇▇▇ Act, 35 U.S.C. § 200 et seq, unless otherwise provided by law. Recipients are subject to the specific requirements governing the development, reporting, and disposition of rights to inventions and patents resulting from federal financial assistance awards located at 37 C.F.R. Part 401 and the standard patent rights clause located at 37 C.F.R. § 401.14.

  • INTELLECTUAL PROPERTY RIGHTS - DATA RIGHTS A. Data produced under this Annex which is subject to paragraph C. of the Intellectual Property Rights - Data Rights Article of the Umbrella Agreement will be protected for the period of one year. B. Under paragraph H. of the Intellectual Property Rights - Data Rights Article of the Umbrella Agreement, Disclosing Party provides the following Data to Receiving Party. The lists below may not be comprehensive, are subject to change, and do not supersede any restrictive notice on the Data provided.

  • Intellectual Property Rights Infringement HP will defend and/or settle any claims against Customer that allege that an HP-branded product or service as supplied under this Agreement infringes the intellectual property rights of a third party. HP will rely on Customer’s prompt notification of the claim and cooperation with our defense. HP may modify the product or service so as to be non-infringing and materially equivalent, or we may procure a license. If these options are not available, we will refund to Customer the amount paid for the affected product in the first year or the depreciated value thereafter or, for support services, the balance of any pre-paid amount or, for professional services, the amount paid. HP is not responsible for claims resulting from any unauthorized use of the products or services.

  • Third Party Intellectual Property Rights 10.7.1 Each Party shall give prompt written notice to the other of any intellectual property rights of any third party which could reasonably be considered as constituting impediment on the use of the Ipsen Licensed Technology, Joint Inventions or Joint Patent Rights in accordance with the provisions of this Agreement or on the research, development, manufacture, use, marketing, promotion, distribution, sale, import or export of Licensed Product, in which event the Parties shall agree on the strategy and procedural steps to be taken in respect of opposing and/or settling such potential impediment. 10.7.2 Each Party shall give prompt written notice to the other of claims or suits arising out of actual or alleged Infringement of Patent Rights, Know-How or other intellectual property owned by a third party, as a result of any use of the Ipsen Licensed Technology, Joint Inventions or Joint Patent Rights in accordance with the provisions of this Agreement or on the research, development, * CONFIDENTIAL TREATMENT REQUESTED. OMITTED PORTIONS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. manufacture, use, marketing, promotion, distribution, sale, import or export of Licensed Product, in which event Licensee, subject to the provisions of Section 10.7.3, shall have the right to contest or defend such claim or suit on behalf of itself and on behalf of Ipsen. If Licensee elects to contest or defend such claim or suit, Licensee shall notify Ipsen of such election, and shall keep Ipsen fully informed of any development in such claim or suit, including by transmitting copies of all documents in such claim or suit. If Licensee contests or defends a claim or suit pursuant to this Section 10.7.2 and Ipsen has not elected to contest or defend such claim or suit subject to, and in accordance with, the provisions of Section 10.7.3, then (a) Licensee shall control the defense of such claim or suit, (b) Ipsen shall provide assistance in the defense of such claim or suit in a reasonable and timely manner upon reasonable request of Licensee and at Licensee’ sole cost and expense; and (c) Licensee shall have the right to compromise or settle such claim or suit; provided, however, that, if such claim or suit was originally made or filed against Ipsen or any of its Affiliates or pertains to any of the Ipsen Licensed Technology, Joint Patent Rights or Joint Know-How, any such compromise or settlement by Licensee of such claim or suit shall be subject to ▇▇▇▇▇’▇ prior written approval, which shall not be unreasonably withheld or delayed. Notwithstanding Licensee’s control of the defense of any claim or proceeding pursuant to this Section 10.7.2, Ipsen shall have the right to participate in such defense using counsel of its own choice and at its own expense, provided that such claim or proceeding was originally made or filed against Ipsen or any of its Affiliates or pertains to any of the Ipsen Licensed Technology, Joint Patent Rights or Joint Inventions. 10.7.3 If, within [ ]* after Licensee receives written notice of any such claim or suit, Licensee elects not to contest or defend, or fails to notify Ipsen of its intent to contest to or defend, such claim or suit, then Ipsen shall have the right to contest or defend such claim or suit on behalf of itself and Licensee and shall keep Licensee fully informed of any development in such claim or suit, including by transmitting copies of all documents submitted in such claim or suit. Notwithstanding any of the foregoing provisions of this Section 10.7.3 to the contrary, ▇▇▇▇▇’▇ right under this Section 10.7.3 to contest or defend such claim or suit shall apply only if either (i) such claim or suit was originally made or brought against Ipsen or any of its Affiliates or (ii) such claim or suit pertains to any of the Ipsen Licensed Technology, Joint Patent Rights or Joint Inventions. If Ipsen contests or defends a claim or suit pursuant to this Section 10.7.3, then (a) Ipsen shall control the defense of such claim or suit, (b) Licensee shall provide assistance in the defense of such claim or suit in a reasonable and timely manner upon reasonable request of Ipsen and at ▇▇▇▇▇’▇ sole cost and expense and (c) Ipsen shall have the right to compromise or settle such claim or suit; provided, however, that such compromise or settlement shall be subject to Licensee’s prior written approval, which shall not be unreasonably withheld or delayed. Notwithstanding ▇▇▇▇▇’▇ control of the defense of any such claim or proceeding, Licensee shall have the right to participate in such defense using counsel of its own choice and at its own expense. * CONFIDENTIAL TREATMENT REQUESTED. OMITTED PORTIONS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. 10.7.4 The defending Party shall bear its own costs and expenses (including, without limitation, attorneys fees and court costs) in connection with the defense of any claim or suit pursuant to Section 10.7.2 or Section 10.7.3, and the defending Party shall also bear the costs and expenses of the other Party if and to the extent that such costs and expenses were incurred by such other Party in connection with reasonable assistance provided by such other Party in connection with such defense at the request of the defending Party. 10.7.5 In the event that, in connection with the defense of any claim or suit pursuant to this Section 10.7 or any settlement thereof, the defending Party shall receive damages, costs or other amounts, such damages, costs or other amounts shall be treated in the manner contemplated under Section 10.6 as if they had been received by the defending Party in connection with any action or proceeding initiated and pursued by the defending Party pursuant to Section 10.6 above. 10.7.6 The provisions of this Section 10.7 and the respective rights and obligations of the Parties under this Section 10.7 shall be without prejudice to any of the provisions of Article 15 or any of the respective rights and obligations of the Parties under Article 15.

  • INTELLECTUAL PROPERTY RIGHTS - INVENTION AND PATENT RIGHTS A. General 1. NASA has determined that 51 U.S.C. § 20135(b) does not apply to this Agreement. Therefore, title to inventions made (conceived or first actually reduced to practice) under this Agreement remain with the respective inventing party(ies). No invention or patent rights are exchanged or granted under this Agreement, except as provided herein.