Common use of Seller-Owned IP Clause in Contracts

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 8 contracts

Samples: www.boeingsuppliers.com, www.boeingsupplier.com, www.boeingsuppliers.com

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Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 5 contracts

Samples: www.boeingsuppliers.com, www.boeingsuppliers.com, www.aurora.aero

Seller-Owned IP. Seller shall retain ownership of all its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 5 contracts

Samples: www.boeingsuppliers.com, www.boeingsuppliers.com, www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of all its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. e. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 4 contracts

Samples: www.boeingsuppliers.com, www.boeingsuppliers.com, www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 3 contracts

Samples: www.boeingsuppliers.com, www.boeingsuppliers.com, www.boeingsupplier.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 3 contracts

Samples: www.boeingsuppliers.com, www.boeingsupplier.com, www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 3 contracts

Samples: www.boeingsuppliers.com, www.boeingsuppliers.com, www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. e. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 2 contracts

Samples: www.boeingsuppliers.com, www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph subparagraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 2 contracts

Samples: Formation of Contract, Formation of Contract

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 2 contracts

Samples: Formation of Contract, Formation of Contract

Seller-Owned IP. Seller shall retain ownership of its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. e. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of all its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. e. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of all its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: Formation of Contract

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Seller-Owned IP. Seller shall retain ownership of its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: Formation of Contract

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: Supply Chain

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of all its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. e. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: Formation of Contract

Seller-Owned IP. Seller shall retain ownership of all its Background IP and of any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned Foreground IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: Formation of Contract

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. e. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s or its suppliers’, or Customers’ use or enjoyment of the Services, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

Seller-Owned IP. Seller shall retain ownership of its Background IP and any Foreground IP not assigned to Buyer pursuant to paragraph d. below (collectively, the “Seller-Owned IP”). Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller- Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s ’s, or its suppliers’, or Customers’ use or enjoyment of the ServicesGoods, Buyer Specifications or Buyer-owned IP. In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” Article of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.

Appears in 1 contract

Samples: www.boeingsuppliers.com

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