Common use of No Effect on Acquirer’s Separate Intellectual Property Rights Clause in Contracts

No Effect on Acquirer’s Separate Intellectual Property Rights. Notwithstanding anything to the contrary set forth herein, in the event Alibaba merges with or acquires a third Person, or assigns or transfer this Amended IPLA to a third Person (any such third Person, “Transferee”), whether by merger, assignment, transfer of assets (including but not limited to this Amended IPLA) or otherwise, the licenses granted pursuant to Section 2.2 will extend only to the Alipay-Related IP and New FIG Business-Related IP owned by Alibaba or the Alipay IP/Technology Provider immediately prior to such merger, acquisition, assignment or transfer and will not affect or otherwise encumber in any manner the Transferee’s Intellectual Property Rights, except only any Alipay-Related IP and New FIG Business-Related IP owned by Alibaba or the Alipay IP/Technology Provider immediately prior to such merger, acquisition, assignment or transfer and acquired by the Transferee from Alibaba or the Alipay IP/Technology Provider and any subsequently filed patents and patent applications that claim an effective filing date based upon Alipay-Related Patents and New FIG Business-Related Patents that were owned by Alibaba or the Alipay IP/Technology Provider immediately prior to such assignment or transfer.

Appears in 3 contracts

Samples: Intellectual Property License Agreement (Alibaba Group Holding LTD), Intellectual Property License Agreement (Alibaba Group Holding LTD), Software Technology Services Agreement (Alibaba Group Holding LTD)

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No Effect on Acquirer’s Separate Intellectual Property Rights. Notwithstanding anything to the contrary set forth herein, in the event Alibaba merges with or acquires a third Person, or assigns or transfer this Amended IPLA Agreement to a third Person (any such third Person, “Transferee”), whether by merger, assignment, transfer of assets (including but not limited to this Amended IPLAAgreement) or otherwise, the licenses granted pursuant to Section 2.2 will extend only to the Alipay-Related IP and New FIG BusinessOpco-Related IP owned by Alibaba or the Alipay an Opco IP/Technology Provider immediately prior to such merger, acquisition, assignment or transfer and will not affect or otherwise encumber in any manner the Transferee’s Intellectual Property Rights, except only any Alipay-Related IP and New FIG BusinessOpco-Related IP owned by Alibaba or the Alipay an Opco IP/Technology Provider immediately prior to such merger, acquisition, assignment or transfer and acquired by the Transferee from Alibaba or the Alipay an Opco IP/Technology Provider and any subsequently filed patents and patent applications that claim an effective filing date based upon Alipay-Related Patents and New FIG BusinessOpco-Related Patents that were owned by Alibaba or the Alipay an Opco IP/Technology Provider immediately prior to such assignment or transfer.

Appears in 1 contract

Samples: Software Technology Services Agreement (Alibaba Group Holding LTD)

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