Common use of Background IP Clause in Contracts

Background IP. The Parties agree that each Party shall retain all title, right and interest in and to its respective INTELLECTUAL PROPERTY RIGHTS, as of the date of entry into force of this Agreement (the “BACKGROUND IP”). Unless otherwise agreed herein, nothing in this Agreement shall be construed as a transfer, license, and/or assignment by a Party to the other Party of ownership of, title, right or interest in and to its respective BACKGROUND IP.

Appears in 7 contracts

Sources: Material Transfer Agreement, Material Transfer Agreement, Material Transfer Agreement

Background IP. The Parties PARTIES agree that each Party PARTY shall retain all title, right and interest in and to its respective INTELLECTUAL PROPERTY RIGHTS, as of the date of entry into force of this Agreement (the “BACKGROUND IP”). Unless otherwise agreed herein, nothing in this Agreement shall be construed as a transfer, license, and/or assignment by a Party PARTY to the other Party PARTY of ownership of, title, right or interest in and to its respective BACKGROUND IP.

Appears in 7 contracts

Sources: Data Transfer and Use Agreement, Data Transfer and Use Agreement, Data Transfer and Use Agreement

Background IP. The Parties agree that each Party shall retain all title, right and interest in and to its respective INTELLECTUAL PROPERTY RIGHTS, as of the date of entry into force of this Agreement (the “BACKGROUND IP”). Unless otherwise oth- erwise agreed herein, nothing in this Agreement shall be construed as a transfer, license, and/or assignment by a Party to the other Party of ownership owner- ship of, title, right or interest in and to its respective BACKGROUND IP.

Appears in 1 contract

Sources: Material Transfer Agreement