Examples of Transferred Intellectual Property Rights in a sentence
Save in relation to the Transferred Intellectual Property Rights, either the Seller or another member of the Seller’s Group has good and valid title to the assets listed in Clause 2.3.1 free and clear of all Encumbrances other than Permitted Encumbrances.
Lumentum shall have the sole responsibility, at its sole cost and expense, to file the Intellectual Property Assignment Agreements and any other forms or documents as required to record the assignment of the Transferred Intellectual Property Rights from JDSU and its Subsidiaries to Lumentum; provided, however, that, upon request, JDSU shall provide reasonable assistance to Lumentum to record the assignment, at Lumentum’s sole cost and expense.
The Transferred Intellectual Property Rights include all of JDSU’s and its Subsidiaries right, title, and interest in and to any and all proceeds, causes of action, and rights of recovery against Third Parties for past and future infringement, misappropriation, or other violation or impairment of any of the Transferred Intellectual Property Rights.
JDSU shall cause its Subsidiaries to do so as appropriate, to document the transfer of the Transferred Intellectual Property Rights.
For the avoidance of doubt, the Transferred Intellectual Property Rights are transferred subject to the licenses granted to JDSU in Article IV of this Agreement and all other licenses granted under any such Intellectual Property Rights existing and in force on the Effective Date (subject to the terms and conditions contained in each such license agreement).