Examples of Purchaser IP in a sentence
Except for the nonexclusive licenses and rights granted in Contracts identified in Part 3.8(a)(iv) of the Purchaser Disclosure Schedule, the Purchaser is not bound by, and no Purchaser IP is subject to, any Contract containing any covenant or other provision that in any way limits or restricts the ability of the Purchaser to use, exploit, assert, or enforce any Purchaser IP anywhere in the world.
The Purchaser owns, free and clear of all Liens (other than Permitted Liens), has valid and enforceable rights in, and has the unrestricted right to use, sell, license, transfer or assign, all Intellectual Property currently used, licensed or held for use by the Purchaser, except for the Intellectual Property that is the subject of the Purchaser IP Licenses.
Purchaser owns, free and clear of all Liens (other than Permitted Liens), has valid and enforceable rights in, and has the unrestricted right to use, sell, license, transfer or assign, all Intellectual Property currently used, licensed or held for use by Purchaser, except for the Intellectual Property that is the subject of the Purchaser IP Licenses.
Supplier further acknowledges and agrees that all such Purchaser IP that is protectable by copyright is and at all times shall be considered to be a “work made for hire” as that term is defined in the United States Copyright Act (and if not deemed a work made for hire, then transferred pursuant to this Section).
Supplier hereby waives any and all of its moral rights that Supplier may have in any Purchaser IP, and any and all of its rights that Supplier may have in certain resale proceeds of certain of any Purchaser IP that may be deemed to be literary works.