Common use of Patents, Trademarks Clause in Contracts

Patents, Trademarks. There are no material patents, patent rights, trademarks, service marks, trade names, copyrights, licenses or other intellectual property rights with respect to the Leased Property that are necessary for the operation of the Leased Property by the Lessee, except to the extent that the Lessee has rights in respect thereof without material payment of royalties or other material licensing payments, which rights may be freely leased, licensed or otherwise provided to Lessor or any successor owner, lessee, user or operator of the Leased Property pursuant to the Operative Documents.

Appears in 5 contracts

Samples: Guaranty (Regeneron Pharmaceuticals, Inc.), Participation Agreement (Regeneron Pharmaceuticals Inc), Guaranty (Regeneron Pharmaceuticals Inc)

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Patents, Trademarks. There are no material patents, patent rights, trademarks, service marks, trade names, copyrights, licenses or other intellectual property rights with respect to the Leased Property that are necessary for the operation of the Leased Property by the LesseeProperty, except to the extent that the Lessee has rights in respect thereof without material payment of royalties or other material licensing payments, payments which rights may be freely leased, licensed or otherwise provided to Lessor or any successor owner, lessee, user or operator of the Leased Property pursuant to the Operative DocumentsProperty.

Appears in 2 contracts

Samples: Participation Agreement (Norfolk Southern Corp), Participation Agreement

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Patents, Trademarks. There are no material patents, patent rights, trademarks, service marks, trade names, copyrights, licenses or other intellectual property rights with respect to the Leased Property that are necessary for the operation of the Leased Property by the LesseeProperty, except to the extent that the Lessee has rights in respect thereof without material payment of royalties or other material licensing payments, payments which rights may be freely leased, licensed or otherwise provided to Lessor or any successor owner, lessee, user or operator of the Leased Property pursuant to the Operative DocumentsProperty.

Appears in 1 contract

Samples: Transaction Agreement (Corning Inc /Ny)

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