Assignments and Licenses. The Parties acknowledge and agree that any assignment or license by a Party or any member of its Group of any of its Intellectual Property licensed to the other Party pursuant to Article 2 or Article 3 shall be subject to the rights and licenses granted to such other Party herein.
Appears in 2 contracts
Samples: Intellectual Property Matters Agreement (Rexnord Corp), Intellectual Property Matters Agreement (Regal Beloit Corp)
Assignments and Licenses. The Parties acknowledge and agree that any assignment or license by a Party or any member of its Group of any of its Intellectual Property Rights licensed to the other Party pursuant to Article 2 ARTICLE III or Article 3 ARTICLE IV shall be subject to the rights and licenses granted to such other Party herein.
Appears in 2 contracts
Samples: Separation and Distribution Agreement (Ingersoll-Rand PLC), Intellectual Property Matters Agreement (Ingersoll Rand Inc.)
