Examples of Background Intellectual Property in a sentence
All Background Intellectual Property is and shall remain the exclusive property of the Party owning it.
Each Party acknowledges that one Party’s Background Intellectual Property may be required to be accessed by the other Party in order to undertake the Contract.
The Company and the Contractor shall be responsible for identifying and agreeing in writing on behalf of the Parties any Background Intellectual Property used, or to be used, in the course of the Contract and the owner of the same, prior to or as soon as reasonably practicable following its disclosure in the course of the Contract.
Each Party hereby grants to the other an irrevocable, non-exclusive, perpetual and royalty-free licence to use its Background Intellectual Property during the term of the Contract for the purpose of carrying out the Contract.