Examples of Statutory Intellectual Property in a sentence
For the avoidance of doubt, the post-Closing ownership of and/or rights in such Statutory Intellectual Property and other intellectual property shall be apportioned between Spinco and the Spinco Subsidiaries, on the one hand, and Verizon and its other Affiliates, on the other, in accordance with the Intellectual Property Agreement.
At no time shall Spinco or Surviving Corporation or their respective Subsidiaries, including Spinco Subsidiaries, have an ownership interest in Licensed Statutory Intellectual Property, but such Licensed Statutory Intellectual Property shall be licensed to Spinco and Spinco Subsidiaries pursuant to this Agreement.
Section 5.14(a) of the Spinco Disclosure Letter contains a complete and accurate list of all Statutory Intellectual Property owned by Spinco.
The foregoing shall not apply to Designated Spinco Statutory Intellectual Property, Spinco Non-Statutory Intellectual Property, Business Proprietary Software (except as otherwise provided in Section 2.4) or Proprietary Business Information which may be assigned and conveyed to any third party by Spinco or its Subsidiaries without restriction.
Licensee is willing to convey or cause its Subsidiaries to convey to Licensor and its Affiliates (i) a nonexclusive limited license to Designated Spinco Statutory Intellectual Property, (ii) all right, title and interest of Licensee and its Subsidiaries, if any, in and to Customer Listing Data, and (iv) an undivided joint ownership interest to the Spinco Non-Statutory Intellectual Property, Business Proprietary Software and Proprietary Business Information.
Each Party shall promptly notify the other Party in writing if it receives any notice of, or becomes aware of, any actual infringement, misappropriation or misuse by any Person of the Business Statutory Intellectual Property (notice only to Company) or Licensed Intellectual Property (notice only to Verizon Companies).
SCHEDULE A – Designated Spinco Statutory Intellectual Property No. Domain Name Owner Prior To Closing Registrar 567.
Verizon Companies and their Affiliates shall continue to have an undivided joint ownership interest in the Jointly-Owned Intellectual Property (as set forth in Section 2.1(c) hereof), provided that the use of such Jointly-Owned Intellectual Property shall be subject to the restrictions, if any, imposed by the license for Business Statutory Intellectual Property granted to Verizon Companies and their Affiliates pursuant to Section 2.1(a) hereof.
SCHEDULE A – Designated Spinco Statutory Intellectual Property No. Domain Name Owner Prior To Closing Registrar 1161.
The foregoing license granted to Verizon Companies and their Affiliates to Business Statutory Intellectual Property includes the right to reproduce, copy, modify, improve, enhance and disclose (subject to the confidentiality requirements of Section 5.1) such Business Statutory Intellectual Property, but does not include the right to grant sublicenses to any Person except to Affiliates of Verizon Companies and their permitted successors and assigns (including successors of their business or assets).