No Other Rights; Retained Ownership. (a) Each Party acknowledges and agrees that its rights and licenses to the other Party’s Intellectual Property Rights are solely as set forth in, and as may be limited by, this Agreement, the Separation Agreement and the other Ancillary Agreements. No Licensee shall exercise the respective Intellectual Property Rights licensed to such Licensee in Section 2.1, Section 2.2, Section 2.3 and Section 2.4, respectively, outside the relevant licensed field. The Parent Licensors and the SpinCo Licensors retain sole ownership of the Intellectual Property Rights licensed by them in Section 2.1, Section 2.2, Section 2.3 and Section 2.4, respectively.
Appears in 2 contracts
Samples: Intellectual Property Matters Agreement (Bausch & Lomb Corp), Intellectual Property Matters Agreement (Bausch Health Companies Inc.)
No Other Rights; Retained Ownership. (a) Each Party acknowledges and agrees that its rights and licenses to the other Party’s Intellectual Property Rights are solely as set forth in, and as may be limited by, this Agreement, the Separation and Distribution Agreement and the other Ancillary Agreements. No Licensee shall exercise the respective Intellectual Property Rights licensed to such Licensee in Section 2.1, Section 2.2, Section 2.3 and Section 2.4Article II, respectively, outside the relevant licensed field. The Parent Licensors and the SpinCo Licensors retain sole ownership of the Intellectual Property Rights licensed by them in Section 2.1, Section 2.2, Section 2.3 and Section 2.4Article II, respectively.
Appears in 2 contracts
Samples: Intellectual Property Matters Agreement (Embecta Corp.), Intellectual Property Matters Agreement (Embecta Corp.)
