Examples of Supplier Background IP in a sentence
The Supplier represents and warrants that except for amounts included in the Purchase Price, no royalties or other payments are due or payable by the Purchaser to the Supplier or any other person in respect of the Project IP or the Supplier Background IP.
The Supplier indemnifies the Purchaser from and against all Claims, liability, loss, damages, costs and expenses (including legal cost) arising out of or in connection with any Claim by a third party that the Project IP, the Supplier Background IP and any use of either of them by or on behalf of the Purchaser infringes the IP Rights of a third party.
Save to the extent necessary for the purposes of the Contract and/or to the extent that such Intellectual Property Rights are Supplier Background IP, the Supplier shall not (and shall procure that the Supplier’s personnel and representatives shall not) use the Intellectual Property Rights owned by or assigned to the Purchaser under Condition 10.2 without the Purchaser’s prior written consent.
Project IP means all IP Rights arising out of or created by the Supplier in the performance of its obligations under this Agreement,, but does not include the Supplier Background IP.
Next, very important factor was the novelisation of the law on PPP.