Common use of Other Intellectual Property Clause in Contracts

Other Intellectual Property. Subject to clauses 16.1, 16.2 and 16.3: (a) ownership of Intellectual Property continues to vest in the party that created that Intellectual Property; and (b) each party grants to the other a non-exclusive, royalty free, non-transferable licence to use all Intellectual Property owned by or licensed to that party, solely for the purposes of performing this Agreement. Other than as provided for in clauses 16.1, 16.2, 16.3 and this clause 16.5, the Operator must not, at any time, use in the course of trade or business any Intellectual Property owned by or licensed to the Principal or its Related Body Corporate (as that term is defined in the Corporations Act) without the prior written consent of the Principal.

Appears in 3 contracts

Samples: Refund Point Agreement, Refund Point Agreement, Refund Point Agreement

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Other Intellectual Property. Subject to clauses clause 16.1, 16.2 and 16.3: (a) ownership of Intellectual Property continues to vest in the party that created that Intellectual Property; and (b) each party grants to the other a non-exclusive, royalty free, non-transferable licence to use all Intellectual Property owned by or licensed to that party, solely for the purposes of performing this AgreementDeed. Other than as provided for in clauses 16.1, 16.2, 16.3 16.1 and this clause 16.516.2, the Operator must not, at any time, use in the course of trade or business any Intellectual Property owned by or licensed to the Principal or its it's Related Body Corporate (as that term is defined in the Corporations Act) without the prior written consent of the Principal.

Appears in 1 contract

Samples: Material Recovery Agreement

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Other Intellectual Property. Subject to clauses clause 16.1, 16.2 and 16.3: (a) ownership of Intellectual Property continues to vest in the party that created that Intellectual Property; and (b) each party grants to the other a non-exclusive, royalty free, non-transferable licence to use all Intellectual Property owned by or licensed to that party, solely for the purposes of performing this AgreementDeed. Other than as provided for in clauses 16.1, 16.2, 16.3 16.1 and this clause 16.516.2, the Operator MRFO must not, at any time, use in the course of trade or business any Intellectual Property owned by or licensed to the Principal or its it's Related Body Corporate (as that term is defined in the Corporations Act) without the prior written consent of the Principal.

Appears in 1 contract

Samples: Material Recovery Agreement

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