Project Technology Sample Clauses
The Project Technology clause defines the ownership, use, and rights associated with any technology, intellectual property, or proprietary tools developed or used during the course of a project. Typically, this clause specifies whether technology created by one party remains their property, or if rights are transferred or licensed to the other party for project purposes. For example, it may address software, designs, or technical processes developed specifically for the project. Its core function is to clarify who controls and can use the technology, thereby preventing disputes over intellectual property and ensuring both parties understand their rights and obligations regarding project-related innovations.
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Project Technology. Project Technology means CDP Technology resulting from a Project.
Project Technology. 5.1 At all times during the Project SUMITOMO shall ensure full and prompt disclosure to SUMATION of all Project Technology. All such disclosures shall be subject to the provisions of clause 6.
5.2 During the term of the Joint Venture Agreement, and subject to clause 5.8, Project Technology shall be jointly owned by SUMITOMO and SUMATION.
5.3 All Technology developed or acquired by SUMITOMO or SUMATION which is not Project Technology shall be owned by the party who developed or acquired it. The filing costs and the costs of protecting and maintaining any such Technology shall be borne solely by the party who developed or acquired such Technology.
5.4 The parties shall discuss and seek to agree how and where the Project Technology should be protected.
5.5 In relation to the Project Technology which the parties agree to protect by patent or other formal registration process, such Project Technology shall be filed and maintained by SUMITOMO in the name of SUMITOMO and SUMATION. The filing costs and the costs of protecting and maintaining any such Project Technology shall be borne by SUMATION.
5.6 If, at any time, SUMATION does not continue to bear, the cost of protecting and maintaining such Project Technology as specified in clause 5.5 above, then SUMATION shall, upon request of SUMITOMO, transfer all of its rights and interest in that Project Technology (including any patent or other formal registration process rights) to SUMITOMO. Following such transfer all costs of protecting and maintaining such Project Technology shall be borne by SUMITOMO. SUMATION shall have no further rights and interest in such Project Technology and shall not bear any further costs in relation to the protection of such Project Technology. If neither party wishes to protect and maintain any protection of the Project Technology, then they shall agree to abandon any patent or other formal registration process rights for such Project Technology.
5.7 During the term of the Joint Venture Agreement, except otherwise specifically agreed between the parties, SUMITOMO may not independently exploit or license the jointly-owned Project Technology to any third party for the purposes of using, manufacturing, importing, exporting, distributing or selling the Materials for applications within the Initial JV Scope and (where applicable) the Extended JV Scope as defined in the Joint Venture Agreement.
5.8 Following termination of the Joint Venture Agreement, all right, title and interest to the Proj...
Project Technology. CUTS acknowledges and agrees with Section 4.2 of the Sponsored Research Agreement on Ownership of Project Technology.
Project Technology. EXPLOITATION
Project Technology. 43 22.3 INVENTIONS................................................................... 44 22.4 INVENTIONS OTHERWISE UNPATENTABLE IN THE UNITED STATES....................... 44 22.5 PATENT PREPARATION COOPERATION, COSTS AND OBLIGATIONS........................ 44 22.6 PUBLICATIONS................................................................. 46 ARTICLE XXIII COMMERCIAL RIGHTS 46 23.1
Project Technology. The Parties agree that ownership of the Project Technology and all Intellectual Property Rights subsisting therein will vest exclusively in Prana. Prana will decide which of the Project Technology will be:
Project Technology. The Partner shall ensure that the Project Lead promptly notifies JMAG and CEPI in writing of all Project Technology, and if required by CEPI, provides any assay or animal model for testing by a neutral Third Party acceptable to both CEPI and the Partner. The Partner shall share all Data and results with CEPI and the JMAG in as close to real-time as possible.
Project Technology. MAXYGEN will own all Project Technology regardless of which Party conceives, reduces to practice or otherwise develops such Project Technology. Subject to clause 4.1(a) and the license rights granted pursuant to this Agreement to TRPL, TRPL agrees to assign and hereby irrevocably assigns to MAXYGEN its entire right, title and interest in the Project Technology and Improvements. TRPL agrees to execute in a timely manner such documents as MAXYGEN may request to document and perfect MAXYGEN's sole ownership of the Project Technology, including all Intellectual Property Rights subsisting in it.
Project Technology. Subject to Clauses 13 and 20, the Partner may at its discretion use the Project Technology for any purpose.
Project Technology. Ceres shall be the sole owner of all right, title and interest to Project Technology. University hereby assigns to Ceres all of its rights, title and interest to the Project Technology. . If University is prevented by law or otherwise prevented from assigning any Project Technology to Ceres, University hereby grants to Ceres all licenses, to the fullest extent possible, to effectuate the intent of this Agreement that Ceres be assigned all Project Technology, and to otherwise effectuate the purposes of this Agreement.