Intellectual Property Rights and Branding. 15.1. The Parties shall retain exclusivity in their own Background IPRs. 15.2. Unless otherwise agreed in writing, the Recipient shall own all IPR created using the Grant. However, the Recipient shall grant to the Authority at no cost a non-exclusive irrevocable, royalty-free perpetual worldwide license to use and to sub-license the use of any material or IPR created by the Recipient whether partially or wholly funded from the Grant for such purposes as the Authority shall deem appropriate.
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Samples: Grant Agreement, Grant Agreement, Grant Agreement