Examples of Existing Intellectual Property Rights in a sentence
The amended, modified and/or varied Terms and Conditions shall immediately take effect upon its publication and shall apply to all subsequent Advertisements submitted to and received by MUECL after the date of the publication of the amended, varied and/or modified Terms and Conditions.2.3. Notwithstanding any provision of this Terms and Conditions to the contrary, MUECL and the Customer shall continue to exercise and retain their respective Existing Intellectual Property Rights.
If RB indicates to MSX that it wishes to take an assignment of such Existing Intellectual Property Rights within the Field, it shall so notify MSX who agrees to conduct good faith negotiations in attempting to reach a resolution to assign such Existing Intellectual Property Rights within the Field to RB.
Notwithstanding anything to the contrary, MSX is under no obligation to assign such Existing Intellectual Property Rights to RB.
If such Existing Intellectual Property Rights are assigned to RB, and to the extent that registered patent protection is obtained which is broader than the Field, RB will grant MSX an irrevocable, perpetual, exclusive (including to the exclusion of RB), royalty-free license (with the right to grant sub-licenses thereunder) under such registered protection or applications therefor outside the Field and throughout the Territory.
All Existing Intellectual Property Rights are and shall remain the exclusive property of the party owning them (or, where applicable, the third party from whom its right to use the Existing Intellectual Property Rights has derived).