Examples of Licensed IPR in a sentence
For the Term, the Licensor grants the Licensee a Licence to the Licensed IPR in accordance with item 5 of the Details Schedule and this Agreement.
This may be relevant as part of the Licensee Commercialising the Licensed IPR (if the Licensor's name will appear on Products).
If improvements created by the Licensor are being licensed to the Licensee, the scope of the Licensed IPR should describe this, or be amended (as required) to include these improvements.
The Licensor may assign or novate its rights to the Licensed IPR or this Agreement without further consent of the Licensee unless expressly prohibited under this Agreement.
Each of these circumstances relates to third party actions that potentially infringe the Licensed IPR, or challenge the Licensor or Licensee's rights to the Licensed IPR.