Common use of Intellectual Property and IT Systems Clause in Contracts

Intellectual Property and IT Systems. All the Seller’s and its Affiliates’ right, title and interest in, to and under the Owned Intellectual Property which is used solely in connection with the Business, IT Systems which are used solely in connection with the Business, the Transferred IP Agreements, copies and tangible embodiments thereof in whatever form or medium, and all rights to sxx and recover damages for past, present and future infringement, dilution, misappropriation, violation, unlawful imitation or breach thereof;

Intellectual Property and IT Systems. All the Seller’s 's and its Affiliates’ ' right, title and interest in, to and under the Owned Intellectual Property which is used solely in connection with the Business, IT Systems which are used solely in connection with the Business, the Transferred IP Agreements, copies and tangible embodiments thereof in whatever form or medium, and all rights to sxx xxx and recover damages for past, present and future infringement, dilution, misappropriation, violation, unlawful imitation or breach thereof;