Examples of IP Rights in a sentence
Buyer grants to Seller a non-exclusive, royalty-free right during the term of this Contract to exercise all IP Rights in the Buyer-Owned IP solely as necessary for Seller to perform its obligations under this Contract.
Seller grants to Buyer an irrevocable, nonexclusive, sublicensable, perpetual, paid-up, royalty-free, worldwide license to exercise all IP Rights in Seller-Owned IP solely to the extent that such Seller-Owned IP would otherwise interfere with Boeing’s, or its suppliers’, or its customers’ use or enjoyment of Services, Buyer Specifications, or Buyer-Owned IP.
Ownership of Pre-existing IP Rights remains unchanged by this agreement, other than as expressly set out in this agreement.
We acknowledge and agree that you own and retain all IP Rights in the User Data.
In addition, if Buyer cancels all or part of this Contract for Seller default in accordance with the “Cancellation for Default” provision of this Contract, Seller hereby grants Buyer the right to exercise all IP Rights in Seller-Owned IP for the purpose of preventing interruptions to or stoppage of Boeing’s production lines or delivery of Boeing’s products to Customers.