Examples of Transferred Intellectual Property Assets in a sentence
To the knowledge of ITT, there are no Intellectual Property rights currently used by the Business other than the Transferred Intellectual Property Assets, the Licensed Intellectual Property and the licenses set forth in Schedule 4.10(b).
Each Party agrees that it shall not at any time on or after the Effective Date file or permit to be filed any application for any patent, utility model or design based upon or disclosing the Transferred Intellectual Property Assets or the use or application thereof without the express prior written consent of the other Party.
Transferee shall not at any time, directly or indirectly, itself or through any other Person, including, without limitation, through the grant of any rights to any other Person, engage in any activity of any kind whatsoever relating to or involving the Transferred Intellectual Property Assets in the Transferor Territory without the express prior written consent of the Transferor.
Each Party agrees to keep all confidential information in the Transferred Intellectual Property Assets in strict confidence at all times and not to disclose, distribute or disseminate any confidential information in the Transferred Intellectual Property Assets to any third party at any time except as provided herein and under the Confidentiality Protection Practices.
With respect to each Composite Xxxx within the Transferred Intellectual Property Assets (“APA Composite Xxxx”), Seller or one of its Subsidiaries’ rights, titles and interests in each such APA Composite Xxxx are set forth in the applicable Transferred Contract or Shared Transferred Contract.
No infringement, misappropriation, or similar claim or proceeding is pending or, to Transferor’s Knowledge, has been threatened against Transferor with respect to the Transferred Intellectual Property Assets within the Transferee Territory or that would have a nontrivial adverse effect on Transferee’s rights hereunder.
Each Party shall cooperate with the other Parties to develop and implement policies and practices satisfactory to Transferor to ensure compliance with this Section 4(b)(i), including without limitation to secure all confidential information in the Transferred Intellectual Property Assets (the “Confidentiality Protection Practices”).
Each Party will notify the other party promptly in the event of any circumstance in which confidential information in the Transferred Intellectual Property Assets was or may have been exposed to disclosure or loss.
In Section 2(c) of the Intellectual Property Agreement, the following sentence is deleted: Transferor expressly reserves and shall continue to have all Use Rights as an equal co-owner of the Transferred Intellectual Property Assets, subject to the restrictions stated expressly in this Agreement.
Each Party shall cooperate with the other Party to evaluate and implement any proposal reasonably proposed by the other Party to transfer the Transferred Intellectual Property Assets into a special purpose entity in order to achieve advantages in the administration of the Transferred Intellectual Property Assets or the protection of the Transferred Intellectual Property Assets from liabilities and claims of third parties.