Examples of Purchaser Property in a sentence
The Supplier may not make use of the Purchaser Property for any purpose other than for fulfilling its obligations under this Purchase Agreement.
Further, any IP developed during the period of performance of this Agreement in satisfaction of the requirements of this Agreement shall presumably be considered Developed IP unless Seller can establish by documented evidence that such IP was wholly developed outside of this Agreement, including being exclusively funded by Seller and being conceived and reduced to practice without any reference to Purchaser Property.
All of the Purchaser Property, buildings, fixtures and improvements thereon owned or leased by the Purchaser are in good operating condition and repair (subject to normal wear and tear).
The Purchaser Property constitutes all interests in real property currently used or currently held for use in connection with the business of the Purchaser and which are necessary for the continued operation of the business of the Purchaser as the business is currently conducted.
On expiry or termination in whole or in part of this Contract (provided always to the extent necessary where this Contract has been terminated in part) the Service Provider must: immediately return to the Purchaser all Purchaser Property, Purchaser Confidential Information and Purchaser Protected Information in its possession; and destroy or delete any copies of Purchaser Protected Information (whether physical or electronic) in its possession.