Common use of INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES Clause in Contracts

INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES. 12.1 Unless otherwise specified in the Purchase Order, all Intellectual Property Rights produced or created in the course of supplying the Goods and/or providing the Services under this Contract vest in (and are hereby assigned to) the Company. 12.2 The Supplier grants (and must procure any relevant third party grant) the Company a non- exclusive, perpetual, irrevocable, transferable and royalty-free licence (including the right to sub-license) to use (including modify and develop) such intellectual property rights the Supplier or a third party held prior to entry into this Contract or developed independently of this Contract as is required to install, enjoy, exploit, dispose of or utilise any Good or Service. 12.3 The Supplier warrants that the supply of the Goods, Rental Items and/or Services under this Contract, and any use of them by the Company or any other person for any purpose, will not infringe any Intellectual Property Rights. The Supplier undertakes at its expense to defend, protect and hold harmless the Company and the users of the Company’s products and services from and against any Claim for infringement of any Intellectual Property Rights arising by reason of the supply and/or use of the Goods, Rental Items and/or Services. 12.4 The Goods are for the use of, or re-sale by, the Company and its Related Bodies Corporate and may be incorporated in any products made or services provided by or to the Company. In no event shall any claim for royalties or other additional compensation be made by the Supplier by reason of such use, re-sale or manufacture. The Supplier must bear any such royalties or compensation and indemnifies the Company in respect of any liability for them that the Company incurs.

Appears in 4 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

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INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES. 12.1 13.1. Unless otherwise specified in the Purchase Order, all Intellectual Property Rights produced or created in the course of supplying the Goods and/or providing the Services under this Contract vest in (and are hereby assigned to) the Company. 12.2 The 13.2. 1The Supplier grants (and must procure any relevant third party grant) the Company a non- non-exclusive, perpetual, irrevocable, transferable and royalty-free licence (including the right to sub-license) to use (including modify and develop) such intellectual property rights the Supplier or a third party held prior to entry into this Contract or developed independently of this Contract as is required to install, enjoy, exploit, dispose of or utilise any Good or Service. 12.3 13.3. The Supplier warrants that the supply of the Goods, Rental Items and/or Services under this Contract, and any use of them by the Company or any other person for any purpose, will not infringe any Intellectual Property Rights. The Supplier undertakes at its expense to defend, protect and hold harmless the Company and the users of the Company’s products and services from and against any Claim for infringement of any Intellectual Property Rights arising by reason of the supply and/or use of the Goods, Rental Items and/or Services. 12.4 13.4. The Goods are for the use of, or re-sale by, the Company and its Related Bodies Corporate Companies, and may be incorporated in any products made or services provided by or to the Company. In no event shall any claim for royalties or other additional compensation be made by the Supplier by reason of such use, re-sale or manufacture. The Supplier must bear any such royalties or compensation and indemnifies the Company in respect of any liability for them that the Company incurs.

Appears in 3 contracts

Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Order Agreement

INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES. 12.1 Unless otherwise specified in the Purchase Order, all Intellectual Property Rights produced or created in the course of supplying the Goods and/or providing the Services under this Contract vest in (and are hereby assigned to) the Company. 12.2 The Supplier grants (and must procure any relevant third party grant) the Company a non- non-exclusive, perpetual, irrevocable, transferable and royalty-free licence (including the right to sub-license) to use (including modify and develop) such intellectual property rights the Supplier or a third party held prior to entry into this Contract or developed independently of this Contract as is required to install, enjoy, exploit, dispose of or utilise any Good or Service. 12.3 The Supplier warrants that the supply of the Goods, Rental Items and/or Services under this Contract, and any use of them by the Company or any other person for any purpose, will not infringe any Intellectual Property Rights. The Supplier undertakes at its expense to defend, protect and hold harmless the Company and the users of the Company’s products and services from and against any Claim for infringement of any Intellectual Property Rights arising by reason of the supply and/or use of the Goods, Rental Items and/or Services. 12.4 The Goods are for the use of, or re-sale by, the Company and its Related Bodies Corporate and may be incorporated in any products made or services provided by or to the Company. In no event shall any claim for royalties or other additional compensation be made by the Supplier by reason of such use, re-sale or manufacture. The Supplier must bear any such royalties or compensation and indemnifies the Company in respect of any liability for them that the Company incurs.

Appears in 1 contract

Samples: Purchase Agreement

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INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES. 12.1 13.1. Unless otherwise specified in the Purchase Order, all Intellectual Property Rights produced or created in the course of supplying the Goods and/or providing the Services under this Contract vest in (and are hereby assigned to) the Company. 12.2 The 13.2. 1The Supplier grants (and must procure any relevant third party grant) the Company a non- exclusive, perpetual, irrevocable, transferable and royalty-free licence (including the right to sub-license) to use (including modify and develop) such intellectual property rights the Supplier or a third party held prior to entry into this Contract or developed independently of this Contract as is required to install, enjoy, exploit, dispose of or utilise any Good or Service. 12.3 13.3. The Supplier warrants that the supply of the Goods, Rental Items and/or Services under this Contract, and any use of them by the Company or any other person for any purpose, will not infringe any Intellectual Property Rights. The Supplier undertakes at its expense to defend, protect and hold harmless the Company and the users of the Company’s products and services from and against any Claim for infringement of any Intellectual Property Rights arising by reason of the supply and/or use of the Goods, Rental Items and/or Services. 12.4 13.4. The Goods are for the use of, or re-sale by, the Company and its Related Bodies Corporate Companies, and may be incorporated in any products made or services provided by or to the Company. In no event shall any claim for royalties or other additional compensation be made by the Supplier by reason of such use, re-sale or manufacture. The Supplier must bear any such royalties or compensation and indemnifies the Company in respect of any liability for them that the Company incurs.

Appears in 1 contract

Samples: Purchase Order Agreement

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