Other Patents or Copyrights Sample Clauses
The 'Other Patents or Copyrights' clause addresses the rights and responsibilities related to intellectual property owned by third parties that may be relevant to the agreement. It typically outlines how the parties should handle situations where the use of a product, service, or deliverable might infringe on patents or copyrights not owned by either party. For example, it may require one party to notify the other if they become aware of such third-party rights, or specify who is responsible for obtaining necessary licenses. This clause helps allocate the risk of infringement and clarifies each party's obligations, thereby reducing the likelihood of legal disputes over third-party intellectual property.
Other Patents or Copyrights. Within 30 days of the acquisition or issuance of a Patent or Copyright or of filing of an application for a Patent or Copyright, the relevant Assignor shall deliver to the Collateral Agent a copy of said certificate or registration of, or application for, said Patent or Copyright, as the case may be, with an assignment for security as to such Patent or Copyright, as the case may be, to the Collateral Agent and at the expense of such Assignor, confirming the assignment for security, the form of such assignment for security to be substantially the same as the form attached hereto.
Other Patents or Copyrights. Within 30 days of the acquisition or issuance of a Patent or Copyright, Borrower shall deliver to Bank a copy of said certificate or registration of, said Patent or Copyright, as the case may be, with an assignment for security as to such Patent or Copyright, as the case may be, to Bank and at the expense of Borrower, confirming the assignment for security, the form of such assignment for security to be substantially the same as the form hereof or attached hereto or otherwise acceptable to Bank.