Common use of Transfer of Intellectual Property Clause in Contracts

Transfer of Intellectual Property. The Gaming Assets shall include the Property Specific IP, the CPLV Trademark License, the CPLV Trademark Security Agreement, and Successor’s Tenant rights to access the Property Related IP, which access shall be governed by the Transition Services Agreement. Without limiting the foregoing, Tenant shall, within thirty (30) days after the delivery of the End of Term Gaming Assets Transfer Notice, deliver to Landlord a copy of all CPLV Guest Data and all Property Specific Guest Data; provided, however, that (a) Tenant shall have the right to retain and use copies of the Property Specific Guest data as required by Legal Requirements, including applicable Gaming Regulations, and (b) with respect to any CPLV Guest Data, from and after the transfer of the Gaming Assets pursuant to this Article XXXVI, (i) Tenant will have no further right, title, or interest to such CPLV Guest Data, (ii) Tenant will not be permitted to access such data for marketing, research or other activities by Tenant and (iii) unless such data cannot be expunged without destruction of any data that may be retained by the Tenant, Tenant must expunge such data, except that in each case Tenant may retain and deliver to any governmental authority, copies of any such data to the extent required to comply with Legal Requirements, including applicable Gaming Regulations.

Transfer of Intellectual Property. The Gaming Assets shall include the Property Specific IPIP for such Facility, the CPLV Trademark License, License (with respect to the CPLV Trademark Security AgreementLeased Property (CPLV)), and Successor’s Tenant rights to access a two (2) year transition license for the Property Related IPIP used, which access shall be governed by the Transition Services Agreementor held for use, at or in connection with such Facility. Without limiting the foregoing, Tenant shall, within thirty (30) days after the delivery of the an End of Term Gaming Assets Transfer Notice, deliver to Landlord a copy of all CPLV CPLV/HLV Guest Data Data, if applicable, and all Property Specific Guest Data; provided, however, that (a) Tenant shall have the right to retain and use copies of the Property Specific Guest such data as required by Legal Requirements, including applicable Gaming Regulations, and (b) with respect to any CPLV CPLV/HLV Guest Data, if applicable, from and after the transfer of the Gaming Assets pursuant to this Article XXXVI, (i) Tenant will have no further right, title, or interest to such CPLV CPLV/HLV Guest Data, (ii) Tenant will not be permitted to access such data for marketing, research or other activities by Tenant and (iii) unless such data cannot be expunged without destruction of any data that may be retained by the Tenant, Tenant must expunge such data, except that in each case Tenant may retain and deliver to any governmental authority, copies of any such data to the extent required to comply with Legal Requirements, including applicable Gaming Regulations.