Licensor IP definition

Licensor IP shall have the meaning set forth in the second recital of this Agreement.

Licensor IP means (a) with respect to Veralto, the Veralto Licensed IP and (b) with respect to Xxxxxxx, the Xxxxxxx Licensed IP.

Licensor IP means (a) with respect to Vontier, the Vontier Licensed IP and (b) with respect to Fortive, the Fortive Licensed IP.

Examples of Licensor IP in a sentence

• Licensor shall have the sole right, but not the obligation, to elect to bring an Action or enter into settlement agreements regarding the Licensor IP, at Licensor’s sole cost and expense.

• Any intellectual property resulting solely from LICENSEE’s work, know-how, or development that does not include nor rely upon the Technology, Licensor IP or jointly owned intellectual property, as described in this Agreement, shall be owned by LICENSEE (“Licensee IP”).

• Subject to Section 4.02, Licensor shall be solely responsible for filing, prosecuting, and maintaining all Patents within the Licensor IP, in Licensor’s sole discretion.

• Except as expressly set forth herein, the Parties acknowledge and agree that (a) the Licensor IP is provided as-is, (b) the Licensee assumes all risks and Liability arising from or relating to its use of and reliance upon the Licensor IP and (c) each Party makes no representation or warranty with respect thereto.

• The license(s) granted to Licensee in this Agreement shall terminate upon any termination of this Agreement and, in such event, Licensee shall cease, and cause its Sublicensees to cease, all uses of Licensor IP Rights or the Technology for any purposes, including but not limited to, the Research, development, manufacturing and commercialization of any Product.

More Definitions of Licensor IP

Licensor IP means (a) with respect to Envista, the Envista Licensed IP and (b) with respect to Xxxxxxx, the Xxxxxxx Licensed IP.

Licensor IP means any and all Licensor Patents and Licensed Other Intellectual Property Rights in and to the Licensor Technology or the use thereof.

Licensor IP means, collectively, Licensor Know-How, Licensor Inventions, Licensor Patents, Product Marks, and all other applicable Intellectual Property Rights of Licensor and its Affiliates in and to the Products, as may be required to Localize, use, import, Manufacture, Commercialize, or otherwise exploit the same in the Field in the Territory, as provided for in this Agreement.

Licensor IP the Licensor Patent Rights and Licensor Know How including any improvements thereto and the Trademark.

Licensor IP means with respect to SpinCo, the SpinCo Licensed IP, and, with respect to Parent, the Parent Licensed IP.

Licensor IP means (a) with respect to ESAB, the ESAB Licensed IP and (b) with respect to Enovis, the Enovis Licensed IP.

Licensor IP means the Intellectual Property Rights either: