Ownership of IP Sample Clauses
The "Ownership of IP" clause defines who holds the rights to intellectual property created or used during the course of an agreement. It typically specifies whether IP developed by one or both parties—such as inventions, software, designs, or written materials—will belong to the creator, the employer, or be jointly owned. For example, in a contractor agreement, this clause may state that all work product and related IP produced by the contractor will be owned by the hiring company. Its core function is to prevent disputes by clearly allocating IP rights, ensuring both parties understand their entitlements and obligations regarding intellectual property.
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Ownership of IP. 5.1 Centaur and/or its licensors shall retain ownership of all Centaur Background IPRs and the Client and/or its licensors shall retain ownership of the Client Background IPRs.
5.2 Each party grants to the other party a fully paid-up, worldwide, non-exclusive and royalty-free licence for the duration of this Agreement:
5.2.1 to use the other party’s trademarks and branding for the purpose of providing the Services; and
5.2.2 for the parties to fulfil their respective rights and obligations under this Agreement.
5.3 All Deliverable IPRs shall be owned by the person specified in the Order Form.
5.4 Centaur grants the Client, or shall procure the direct grant to the Client of, a fully paid-up, worldwide, non-exclusive, royalty-free perpetual and irrevocable licence to copy the Centaur Background IPRs only for the sole purposes of the Licence Scope.
5.5 Where the Client is to own the Deliverable IPRs under Clause 5.3:
5.5.1 Centaur assigns to the Client, with full title guarantee and free from all third party rights, ▇▇▇▇▇▇▇’s right, title and interest to the Deliverable IPRs, together with the right to sue for and recover damages or other relief in respect of infringement of the same.
5.5.2 the Client grants Centaur a fully paid-up, non-exclusive, royalty-free, non-transferable licence to copy and modify the Deliverable IPRs and the Client Background IPRs (i) for the purpose of delivering the Services to the Client, (ii) to use the Deliverable IPRs and the Client Background IPRs for the purpose of promotional and marketing materials and internal training, (iii) where surveys and/or interviews have been carried out by Centaur with the input from third parties, to share such survey results or interview results with those third party participants, (iv) to reference the Services in any materials produced in-house by Centaur, and (v) any other purpose specified in the Order Form.
5.6 Where Centaur is to retain ownership of Deliverable IPRs under Clause 5.3, Centaur grants the Client a fully paid-up, non-exclusive, royalty-free, non- transferable licence to copy and modify the Deliverable IPRs for the purpose of receiving and using the Deliverables for the Licence Scope.
5.7 The Client must not assign, resell or otherwise dispose of its licence granted under Clause 5.5 above.
Ownership of IP. Each Party shall retain exclusive ownership of, and all right, title, and interest in and to any Intellectual Property (as defined below), information technology or other technology and any and all data or content that such Party supplies to any other Party or such other Party’s Affiliates in connection with this Agreement, and each Party shall hold such information of the other Party in confidence and only use such information as necessary to fulfill its obligations or exploit its rights hereunder. Other than as set forth in Section 1.07, nothing in this Agreement shall be deemed to convey to a Party any rights in or to the Intellectual Property of the other Party or its Affiliates. “Intellectual Property” means all intellectual property and proprietary rights arising from any of the following, as they exist anywhere in the world, whether registered or
Ownership of IP. Intellectual property originated by the TV will be an asset of ID&T and will be licensed without additional cost to the JV pursuant to the License Agreement. Any intellectual property that the JV acquires will be an asset of the JV. Neither SFX nor the JV will register any of the Brands anywhere in the world. The database of persons who purchase tickets for an Event relating to a Brand that is to any extent promoted, organized, or marketed by the JV will be an asset of the JV. Any use of an asset of the JV by either Party must be on terms agreed to by the Board.
Ownership of IP. The parties acknowledge and agree that: (i) Service Provider and its suppliers or licensors shall retain all right, title, and interest in and to the Service Provider Offerings (including, without limitation, any releases, bug-fixes, workarounds, updates, upgrades, derivatives and/or modifications thereto and copies thereof) and related documentation, and that ownership of all patent, copyright, trade secret, and other intellectual property rights embodied therein or pertaining thereto shall be and remain the sole property of Service Provider; (ii) all Client Materials are and shall remain the property of Client, and (iii) all third parties (including but not limited to Manufacturers) assert their retention of all right, title, and interest in and to the Third Party Materials (including, without limitation, any releases, bug-fixes, workarounds, updates, upgrades, derivatives and/or modifications thereto and any copies thereof) and related documentation, and that ownership of all patent, copyright, trade secret, and other intellectual property rights therein shall be and remain the sole property of the relevant third party. Client hereby grants to Service Provider the right and license to reproduce, distribute, modify, perform, display and otherwise use the Client Materials in connection with providing the Service Provider Offerings, and for analytic, statistical, security, quality control, and similar purposes, including by using Client Materials in aggregate form (e.g., to analyze systems performance).
Ownership of IP. Subject to the license grants and other rights herein as between the Parties, each Party shall own and retain all right, title and interest in and to any and all Information and inventions that are conceived, discovered, developed or otherwise made by or on behalf of such Party (or its Affiliates or its or their (sub)licensees) under this Agreement, whether or not patented or patentable, and any and all Patents and other intellectual property rights with respect thereto. For clarity, and for the purpose of this ARTICLE 8, each Party, its Affiliates and its or their (sub)licensees shall not be considered a (sub)licensee of the other Party.
Ownership of IP. (a) Ownership shall follow inventorship for all inventions, discoveries, improvements, modifications, enhancements or creations, in each case whether or not patentable, and any intellectual property rights (including Information and Patents) arising from any of the foregoing developed, created, conceived or reduced to practice in connection with and during the Term of this Agreement (collectively, “Inventions”), with inventorship being determined in accordance with United States patent laws (regardless of where the applicable activities occurred). Inventions invented solely by ADT will be solely owned by ADT (“ADT Inventions”), Inventions invented solely by Anchiano will be solely owned by Anchiano (“Anchiano Inventions”), and Inventions invented jointly by ADT and Anchiano will be jointly owned by both Parties (“Joint Inventions”).
(b) Each Party will promptly disclose to the other Party any Invention, as applicable, developed, created, conceived or reduced to practice by or on behalf of such Party that is necessary to Exploit the Compounds or Products in the Field and for the Territory.
(c) Each Party will have an undivided one-half (1/2) interest in and to the Joint Inventions. Each Party will have the right to exercise its ownership rights in and to such Joint Inventions, including the right to license and sublicense or otherwise to Exploit, transfer or encumber its ownership interest, without an accounting or obligation to, or consent required from, the other Party, but subject to the licenses hereunder and the other terms and conditions of the CCRSA and this Agreement. At the reasonable written request of a Party, the other Party will in writing grant such consents and confirm that no such accounting is required to effect the foregoing regarding Joint Inventions. Each Party, for itself and on behalf of its Affiliates, licensees and sublicensees, and employees, subcontractors, consultants and agents of any of the foregoing, hereby assigns (and to the extent such assignment can only be made in the future hereby agrees to assign), to the other Party a joint and undivided interest in and to all Joint Inventions.
(d) This Agreement will be understood to be a joint research agreement in accordance with 35 U.S.C. §102(c) to Develop and Commercialize Compounds and Products.
Ownership of IP. Subject to clause 5.2, all rights, title and interests in the Placement IP shall be and remain vested in the Organisation. The Organisation licenses UWA and the relevant Student to use and reproduce such Placement IP solely for the purposes of: the Placement activities; the Student’s preparation and presentation of any items for assessment; and by UWA for their assessment of the Student.
Ownership of IP. BrainStorm and Customer agree that the Licensed Videos and any other BrainStorm Content made developed under this SOW and Agreement are not “work made for hire” as defined in 17 U.S.C. § 101. Accordingly, except as otherwise provided herein, BrainStorm shall retain and exclusively own all right, title, and interest in and to the Licensed Videos and BrainStorm Content, including the Intellectual Property Rights therein. Except for the limited license in Section 2, Customer shall retain and exclusively own all right, title, and interest in and to the Customer Content, including the Intellectual Property Rights therein.
Ownership of IP. 5.1 ReallyB2B and/or its licensors shall retain ownership of all ReallyB 2B Background IPRs and the Client and/or its licensors shall retain ownership of the Client Background IPRs.
5.2 Each Party grants to the other Party a fully paid-up, worldwide, non-exclusive and royalty-free licence for the duration of this Agreement:
5.2.1 to use the other Party’s trademarks and branding for the purpose of providing the Services; and
5.2.2 for the Parties to fulfiltheir respective rights and obligations under this Agreement.
5.3 All Deliverable IPRsshall be owned by the Client unless otherwise specified in the Order Form.
5.4 ReallyB2B grants the Client, or shall procure the direct grant to the Client of, a fully paid- up, worldwide, non-exclusive, royalty-free perpetual and irrevocable licence to copy the ReallyB2B Background IPRs for the sole purposes of receiving the Deliverables, subject to any limitations specified in the Order Form.
5.5 ReallyB2B assigns to the Client, with full title guarantee and free from all third party rights, Re allyB2B’s right, title and interest to the Deliverable IPRs, together with the right to sue for and re cover da mages or other relief in respect of infringement of the same.
5.6 The Client grants ReallyB2Ba fully paid-up, non-exclusive, royalty-free, non-transferable licence to copy and modify the Deliverable IPRs and the Client Background IPRs: (i) for the purpose of delivering the Services or Deliverablesto the Client; (ii) for ReallyB2B’s promotional and marketing materials and internal training; and (iii) for any other purpose specified in the Order Form.
Ownership of IP. Nothing contained herein shall be construed as an assignment or grant to Licensee of any title or ownership interest in or to the IP, and the Parties agree that the Licensed IP is the sole and exclusive property of the Licensor. Licensee shall not acquire any right, title or interest in any of the Licensed IP and Licensee hereby irrevocably assigns and transfers to Licensor any right, title and interest that it may acquire in any of the IP as a result of the exercise of its rights under this Agreement. All advertising, artwork, designs and derivative works involving the Licensed IP, or any reproduction thereof, shall, notwithstanding their invention or use by Licensee, be and remain the property of Licensor; provided, however that such items shall become part of the Licensed IP, and Licensee shall be entitled to use them to the extent permitted by this Agreement.