Joint Ownership Sample Clauses

Joint Ownership. If a Joint Owner is named in the application, then the Owner and Joint Owner share an undivided interest in the entire Contract as joint tenants with rights of survivorship. When an Owner and Joint Owner have been named, SBL will honor only requests for changes and the exercise of other Ownership rights made by both the Owner and Joint Owner. When a Joint Owner is named, all references to "Owner" throughout this Contract should be construed to mean both the Owner and Joint Owner, except for the "Statements" provision on page 9 and the "Death Benefit Provisions" on page 18.

Joint Ownership. 2.1 Job evaluation gains maximum acceptance in the workplace when it is “owned” by both the employer and the employee. This scheme has been developed jointly by the employers and trade unions nationally on the basis that that joint partnership operates within the authority.

Joint Ownership. 8.2.1 In case of joint ownership of Results developed in the Project jointly by two or more Parties and it is not possible to separate such Results for the purpose of applying for, obtaining and/or maintaining the relevant patent protection or any other intellectual property right, the Parties shall have joint ownership of such Results. 8.2.2 The joint owners shall use their best efforts to establish, within a six (6) month period as from the date of the generation of such Results, a written separate joint ownership agreement regarding the allocation of ownership and terms of exercising, protecting, the division of related costs and exploiting such jointly owned Results on a case by case basis. The joint ownership agreement shall as a minimum include: i) a detailed definition of the relevant Results having joint ownership ii) a description of which of the joint owners shall have the operative responsibility for protecting and managing the jointly owned Results (hereinafter named IP Manager), including a clear description of the IP Manager's Power of Attorney; in case of a disagreement, the owner with the largest ownership stake shall take the lead.

Joint Ownership. Any Foreground generated under or in connection with the Project that is conceived by more than one Party and for which Foreground it is not possible to (i) establish the respective contribution of each Party, or (ii) separate their contribution for the purpose of applying for, obtaining or maintaining protection of the Foreground, shall be jointly owned by such Parties.

Joint Ownership. Each Party shall have an equal undivided interest in and to each jointly owned invention (hereinafter “Invention”), as well as in and to all patent applications and patents thereon in all countries, subject to the following: a. each Party shall be free to license, make, have made or use its undivided interest in Inventions provided that a Party engaged in any such activity shall first obtain the consent of the other Party hereto (the “non-using Party”), which consent may be withheld in any circumstance where such license, making, having made or use would, in the reasonable opinion of the non-using Party, result in substantial commercial disadvantage to the non-using Party, and, where consent is given, shall account to the non-using Party for income derived from such activities upon terms and conditions to be agreed between the Parties prior to the commencement of such activities, or so soon thereafter as is reasonably possible; b. neither Party shall sell its undivided interest in Inventions to a third party without first providing the other Party to such Invention with a reasonable opportunity to purchase such undivided interest upon terms and conditions no less favorable than those contained in a bona fide offer from a third party; c. each Party shall obtain the consent of the other Party prior to disclosing Inventions to a third party. The Parties acknowledge and agree that some, if not all, of the acts identified in subsections (a) and (b) above will inherently require the disclosure of Inventions to a third party, and each Party shall obtain the written consent of the other Party prior to making such disclosure which consent may be withheld in any circumstance where disclosure to such third party would, in the reasonable opinion of the non-disclosing Party, result in substantial commercial disadvantage to the non-disclosing Party; and d. the Parties shall mutually elect when patent applications shall be filed for Inventions. If either Party (“Forfeiting Party”) shall elect not to join with the other Party in any patent application(s) for any such Invention, then at the earliest practicable time, the Forfeiting Party shall notify the other Party of its decision. In so doing, the Forfeiting Party shall also forfeit to the Party which actually files such patent application(s) (“Filing Party”) its share of the title to the Joint Invention and any joint patent based thereon. The Forfeiting Party shall also furnish the Filing Party all documents or other as...

Joint Ownership. 2.1 Job evaluation gains maximum acceptance in the workplace when it is “owned” by both the employer and the employee. This scheme has been developed jointly by the employers and trade unions nationally on the basis that that joint partnership operates within the authority. 2.2 Provincial/associated councils are encouraged to support the use of the scheme by providing training, advice and guidance as appropriate. 2.3 Local employer and union representatives involved in introducing and applying the scheme will need training both in applying the scheme and in equality awareness to ensure decisions are free from bias. 2.4 The authority’s trade union facility agreement may need to be reviewed to take on board the involvement of union representatives in implementing the scheme.

Joint Ownership. The Parties’ marital residence will be treated as marital property and owned equally by both Parties. ☐ In the event the marriage is terminated, the (Check one) ☐ First Party ☐ Second Party shall have the right to continue living in the Parties’ marital residence for years after the termination of the marriage. ☐ Do not specify.

Joint Ownership. Any Foreground generated by or on behalf of more than one Participant and for which Foreground it is not possible to (i) establish the respective contribution of each Participant, or (ii) separate their contribution for the purpose of applying for, obtaining or maintaining protection of the Foreground, shall be jointly owned by such Participants. Each such Participant shall have an equal and undivided interest in such joint Foreground.

Joint Ownership. 8.2.1 In accordance with the first paragraph of Article 26.2 of the Grant Agreement, two or more Parties shall own Results jointly if: they have jointly generated them; and it is not possible to: establish the respective contribution of each Party; or separate them for the purpose of applying for, obtaining or maintaining their protection. The joint owners shall be at liberty to agree in writing something different to what follows in this Section 8.2, so long as such different agreement does not adversely affect the Access Rights or other rights of the other Parties provided under the GA or this PCA. 8.2.2 Each joint owner shall have an equal, undivided  interest in and to a joint Result as well as in and to resulting Intellectual Property Rights in all countries, unless otherwise provided in this Section 8.2, or in a joint ownership agreement between the joint owners concerned. 8.2.3 [START OF OPTION 1] Each of the joint owners and their Affiliated Entities shall be entitled to Exploit the jointly owned Result as they see fit, without obtaining any consent from, paying compensation to, or otherwise accounting to any other joint owner(s) for their own direct Exploitation only. Unless otherwise agreed in a joint ownership agreement between the joint owners concerned, each joint owner shall be entitled to grant non-exclusive licenses to any third party, without any right to sub-license, upon a 45 days prior information to the other joint owners and payment of a Fair and Reasonable compensation to the other joint owners. [END OF OPTION 1] [START OP OPTION 2] Notwithstanding anything to the contrary in the provisions of Article 26.2 of the Grant Agreement and unless otherwise agreed in a joint ownership agreement between the joint owners concerned, each of the joint owners and their Affiliated Entities shall be entitled to Exploit the jointly owned Result as they see fit, and shall be entitled to grant non-exclusive licenses to any third party, without obtaining any consent from, paying compensation to, or otherwise accounting to any other joint owner(s). [END OF OPTION 2] 8.2.4 Each joint owner of Intellectual Property Rights protecting such jointly owned Result shall have the right to bring an action for infringement of any such jointly owned Intellectual Property Rights only with the consent of the other joint owner(s). Such consent may only be withheld by another joint owner who demonstrates that the proposed infringement action would be prejudicial to ...