Licensed Intellectual Property Clause Samples
The 'Licensed Intellectual Property' clause defines which intellectual property rights are being granted for use under the agreement. It typically specifies the types of IP involved—such as patents, copyrights, trademarks, or trade secrets—and outlines the scope, duration, and limitations of the license provided to the licensee. For example, it may clarify whether the license is exclusive or non-exclusive, and whether it covers specific territories or uses. This clause is essential for ensuring both parties understand exactly what IP is being licensed and under what conditions, thereby preventing disputes over unauthorized use or infringement.
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Licensed Intellectual Property. Section 3.17(h)(vi)...................................29
Licensed Intellectual Property. Unless otherwise specified in an Order, any Intellectual Property developed under an Order as part of the Offering is owned by Siemens and licensed to Customer (“Licensed IP”).
Licensed Intellectual Property. Subject to the terms and conditions of this Agreement (including the reservation of rights in Sections 4.8 and 5.4, and the payment by Celgene of all amounts as and when such amounts become due and payable under this Agreement), GlobeImmune hereby grants to Celgene and its Affiliates the exclusive (even as to GlobeImmune and its Affiliates), worldwide, nontransferable (except as provided in Section 13.4) license, with the right to grant sublicenses solely in accordance with Section 5.2, under the Licensed Intellectual Property, to use, sell, offer to sell, import, make and have made (in accordance with Section 4.8), and otherwise Develop, Commercialize or manufacture (in accordance with Section 4.8) any Celgene Development Compound and any Licensed Product containing any such Celgene Development Compound, during the Term, in the Territory in the Field, such license to be effective upon Celgene’s exercise of a Celgene Program Option for the Collaboration Compound corresponding to such Celgene Development Compound in accordance with the terms of this Agreement; provided that GlobeImmune reserves the right to make and have made Celgene Development Compound(s) and Licensed Product(s) solely to perform its obligations under Section 4.8.
Licensed Intellectual Property. Subject to the terms and conditions of this Agreement, GlobeImmune hereby grants to Gilead and its Affiliates the exclusive (even as to GlobeImmune and its Affiliates), worldwide, nontransferable (except as provided in Section 12.4) right and license, with the right to grant sublicenses solely in accordance with Section 2.3, under the Licensed Intellectual Property, to use, have used, sell, have sold, offer to sell, import, have imported, make and have made, and otherwise research, Develop, Commercialize or manufacture any Licensed Vaccine and/or Licensed Product, during the Term, in the Territory in the Field; provided, however, that, subject to the terms and conditions of this Agreement, GlobeImmune retains the right to (i) to Develop the Licensed Vaccines solely in accordance with the Collaboration Development Plan and (ii) make and have made Licensed Vaccines and Licensed Products solely to perform its obligations hereunder.
Licensed Intellectual Property. Each Party licensing any Intellectual Property Rights (a “Licensor”) to any other Party hereunder (a “Licensee”) represents and warrants to each such Licensee that: (a) it has the full right, title and authority to grant to Licensee the licenses granted hereunder; and (b) to the best of the Licensor’s knowledge and except as otherwise disclosed to the Licensee, all such licensed Patent Rights existing as of the Effective Date are valid and enforceable, and all patents, if any, issuing on any of the pending patent applications of the Patent Rights existing as of the Effective Date will be valid and enforceable. Inverness represents and warrants that the Inverness Lateral Flow Patents constitute all Patent Rights claiming lateral flow technology that Inverness has the right to sublicense.
Licensed Intellectual Property. Borrower does not possess any licenses of Intellectual Property other than (i) as set forth on Schedule 9.19, and (ii) readily available, non-negotiated licenses of computer software and other intellectual property used solely for performing accounting, word processing and similar administrative tasks.
Licensed Intellectual Property. “Licensed Intellectual Property” shall mean the Intellectual Property set forth on Schedule A, as it may be from time to time amended and updated as set forth herein.
Licensed Intellectual Property. Priveco is the licensee of various patents, trademarks and copyrights, all of which are set forth in Schedule 5.
Licensed Intellectual Property. 20 Liens........................................................................................................... 6
Licensed Intellectual Property. Notwithstanding anything to the contrary contained herein or in any Ancillary Agreement, Seller has the sole and exclusive right to prosecute, defend, settle or otherwise control any Legal Proceeding, claim or action relating to the Seller Licensed Intellectual Property, except to the extent such claim is exclusively one between the parties hereto and their Affiliates.