Common use of Third Party Agreements; Reservation of Rights Clause in Contracts

Third Party Agreements; Reservation of Rights. (a) All licenses granted herein are expressly made only subject to, and only to the extent permissible under, all pre-existing rights, obligations and restrictions contained in any existing agreements related to the applicable Intellectual Property licensed herein, including, without limitation, licenses or other rights existing in Third Parties granted by Canada Thermal or Canada Nuclear and/or their sublicensees in existing license agreements, applicable agreements in existence between members of the RemainCo Group and the United States Department of Energy, applicable agreements in existence between members of the SpinCo Group and the United States Department of Energy and all existing security agreements and liens in place in connection with such licensed Intellectual Property.

Appears in 2 contracts

Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)

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Third Party Agreements; Reservation of Rights. (a) All licenses granted herein are expressly made only subject to, and only to the extent permissible under, all pre-existing rights, obligations and restrictions contained in any existing agreements related to the applicable Intellectual Property licensed herein, including, without limitation, licenses or other rights existing in Third Parties third parties granted by Canada Thermal SpinCo or Canada Nuclear RemainCo and/or their sublicensees in existing license agreements, applicable agreements in existence between members of the RemainCo Group and the United States Department of Energy, applicable agreements in existence between members of the SpinCo Group and the United States Department of Energy and all existing security agreements and liens in place in connection with such licensed Intellectual Property.

Appears in 2 contracts

Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)

Third Party Agreements; Reservation of Rights. (a) All licenses granted herein are expressly made only subject to, and only to the extent permissible under, all pre-existing rights, obligations and restrictions contained in any existing agreements related to the applicable Intellectual Property licensed herein, including, without limitation, licenses or other rights existing in Third Parties granted by Canada Thermal PGG or Canada Nuclear mPower and/or their sublicensees in existing license agreements, applicable agreements in existence between members of the RemainCo Group and the United States Department of Energy, applicable agreements in existence between members of the SpinCo Group and the United States Department of Energy and all existing security agreements and liens in place in connection with such licensed Intellectual Property.

Appears in 2 contracts

Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)

Third Party Agreements; Reservation of Rights. (a) All licenses granted herein are expressly made only subject to, and only to the extent permissible under, all pre-existing rights, obligations and restrictions contained in any existing agreements related to the applicable Intellectual Property licensed herein, including, without limitation, licenses or other rights existing in Third Parties third parties granted by Canada Thermal PGG or Canada Nuclear BWXT and/or their sublicensees in existing license agreements, applicable agreements in existence between members of the RemainCo Group and the United States Department of Energy, applicable agreements in existence between members of the SpinCo Group and the United States Department of Energy and all existing security agreements and liens in place in connection with such licensed Intellectual Property.

Appears in 2 contracts

Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)

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Third Party Agreements; Reservation of Rights. (a) All licenses granted herein are expressly made only subject to, and only to the extent permissible under, all pre-existing rights, obligations and restrictions contained in any existing agreements related to the applicable Intellectual Property licensed herein, including, without limitation, licenses or other rights existing in Third Parties granted by Canada Thermal BWTI or Canada Nuclear and/or their sublicensees in existing license agreements, applicable agreements in existence between members of the RemainCo Group and the United States Department of Energy, applicable agreements in existence between members of the SpinCo Group and the United States Department of Energy and all existing security agreements and liens in place in connection with such licensed Intellectual Property.

Appears in 2 contracts

Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)

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