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 III or 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.)
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 III Article 2 or ARTICLE IV 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 (Regal Beloit Corp), Intellectual Property Matters Agreement (Rexnord Corp)
