Common use of Third Party Intellectual Property-Derivative Work Clause in Contracts

Third Party Intellectual Property-Derivative Work. In the event that Work Product is a derivative work based on Third Party Intellectual Property, or is a compilation that includes Third Party Intellectual Property, the Design-Builder shall secure on Owner’s behalf and in the name of Owner an irrevocable, non-exclusive, non-transferable, perpetual, royalty-free license to use, reproduce, prepare derivative works based upon, distribute copies of, perform and display the pre-existing elements of the Third Party Intellectual Property employed in the Work Product, including the right to authorize others to do the same on Owner’s behalf.

Third Party Intellectual Property-Derivative Work. In If all or any portion of the event that Work Product is a derivative work based on Third Party Intellectual Property, Property or is a compilation that includes Third Party Intellectual Property, the Design-Builder Consultant shall secure on Owner’s behalf behalf, and in the name of Owner Owner, an irrevocable, non-exclusive, non-transferable, perpetual, royalty-free license to use, reproduce, prepare derivative works based upon, distribute copies of, perform perform, and display the pre-existing elements of the Third Party Intellectual Property employed in the Work Product, including the right to authorize others to do the same on Owner’s behalf.

Third Party Intellectual Property-Derivative Work. In If all or any portion of the event that Work Product is a derivative work based on Third Party Intellectual Property, Property or is a compilation that includes Third Party Intellectual Property, the Design-Design Builder shall secure on Owner’s behalf behalf, and in the name of Owner Owner, an irrevocable, non-exclusive, non-transferable, perpetual, royalty-free license to use, reproduce, prepare derivative works based upon, distribute copies of, perform perform, and display the pre-existing elements of the Third Party Intellectual Property employed in the Work Product, including the right to authorize others to do the same on Owner’s behalf.

Third Party Intellectual Property-Derivative Work. In the event that Work Product is a derivative work based on Third Party Intellectual Property, or is a compilation that includes Third Party Intellectual Property, the Design-Builder shall secure on Owner’s behalf and in the name of Owner an irrevocable, non-exclusive, non-non- transferable, perpetual, royalty-free license to use, reproduce, prepare derivative works based upon, distribute copies of, perform and display the pre-existing elements of the Third Party Intellectual Property employed in the Work Product, including the right to authorize others to do the same on Owner’s behalf.