Common use of UAE Clause in Contracts

UAE. These country specific provisions apply if either of the Parties are located in the UAE. In such case: The following sentences shall be added after the first sentence of Section 5.2: To the extent that the Applicable Law does not recognize Siemens or its business partners and/or licensors as the “owner” of the intellectual property rights in the Platform, you hereby assign to Siemens or its business partners and/or licensors the intellectual property rights in the Platform and Services (including all present and future copyright, copyright revivals and extensions) and waive any “moral rights” or any rights similar to “moral rights” recognized under any Applicable Law. Such assignment and waiver shall take effect upon the creation of each of such rights . If and to the extent that any or all of the provisions of this MMA, including without limitation, this Section 5.2 do not operate to assign all intellectual property rights in the Platform and Services fully and effectively to Siemens or its business partners and/or licensors, you hereby irrevocably grant and agree to procure for Siemens or its business partners and/or licensors‘ benefit an irrevocable, exclusive, perpetual, assignable, worldwide, royalty free license (with rights to sublicense through multiple tiers of sub-licensees) in and to such rights in the Platform and Services from the date of the creation of such rights.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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UAE. These country specific provisions apply if either of the Parties are Party is located in the UAE. In such case: The following sentences shall be added after the first sentence of Section 5.2: To the extent that the Applicable Law does not recognize Siemens or its business partners and/or or licensors as the “owner” of the intellectual property rights in the PlatformPlatform and Services, you hereby assign to Siemens or its business partners and/or or licensors the intellectual property rights in the Platform and Services (including all present and future copyright, copyright revivals and extensions) and waive any “moral rights” or any rights similar to “moral rights” recognized under any Applicable Law. Such assignment and waiver shall take effect upon the creation of each of such rights rights. If and to the extent that any or all of the provisions of this MMADSA, including without limitation, limitation this Section 5.2 do 5.2do not operate to assign all intellectual property rights in the Platform and Services fully and effectively to Siemens or its business partners and/or or licensors, you hereby irrevocably grant and agree to procure for Siemens Siemens’, its business partners’, or its business partners and/or licensors‘ benefit an irrevocable, exclusive, perpetual, assignable, worldwide, royalty free license (with rights to sublicense through multiple tiers of sub-sub- licensees) in and to such rights in the Platform and Services from the date of the creation of such rights.

Appears in 2 contracts

Samples: Data Services Agreement, Data Services Agreement

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UAE. These country specific provisions apply if either of the Parties are Party is located in the UAE. In such case: The following sentences shall be added after the first sentence of Section 5.2: To the extent that the Applicable Law does not recognize Siemens or its business partners and/or or licensors as the “owner” of the intellectual property rights in the PlatformPlatform and Services, you hereby assign to Siemens or its business partners and/or or licensors the intellectual property rights in the Platform and Services (including all present and future copyright, copyright revivals and extensions) and waive any “moral rights” or any rights similar to “moral rights” recognized under any Applicable Law. Such assignment and waiver shall take effect upon the creation of each of such rights rights. If and to the extent that any or all of the provisions of this MMADSA, including without limitation, limitation this Section 5.2 5.2, do not operate to assign all intellectual property rights in the Platform and Services fully and effectively to Siemens or its business partners and/or or licensors, you hereby irrevocably grant and agree to procure for Siemens Siemens’, its business partners’, or its business partners and/or licensors‘ benefit an irrevocable, exclusive, perpetual, assignable, worldwide, royalty free license (with rights to sublicense through multiple tiers of sub-sub- licensees) in and to such rights in the Platform and Services from the date of the creation of such rights.

Appears in 1 contract

Samples: Digital Services Agreement

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