Common use of Assignment of Polestar Supplier Technology Clause in Contracts

Assignment of Polestar Supplier Technology. Polestar acknowledges that the Polestar Supplier License Technology is owned by Third Parties and that Volvo Cars may not be allowed to assign its rights thereto without consent from such relevant Third Party. The assignment of Polestar Supplier License Technology is thus subject to any limitations which may be applicable to the rights granted to Volvo Cars by the Third Party owning the Intellectual Property Rights to such Polestar Supplier License Technology and will, not take effect until Volvo Cars has received the relevant consent from the Third Party. License and License Assignment Agreement, Agreement No.: PS021 -008 When Volvo Cars has received the consent from the Third Party such Polestar Supplier License Technology will be assigned to Polestar. If Volvo Cars has not received the relevant consent from the Third Party within twelve (12) months from the signing date of this Agreement, no assignment of such Polestar Supplier License Technology shall occur, nor be considered to have occurred, and the Fee shall be reduced corresponding to the the part of the Fee that relates to the Polestar Supplier License Technology to which Volvo Cars has not received relevant consent in time. If such a reduction is not feasible to determine, it shall be negotiated between the Parties in good faith.

Assignment of Polestar Supplier Technology. Polestar acknowledges that the Polestar Supplier License Technology is owned by Third Parties and that Volvo Cars may not be allowed to assign its rights thereto without consent from such relevant Third Party. The assignment of Polestar Supplier License Technology is thus subject to any limitations which may be applicable to the rights granted to Volvo Cars by the Third Party owning the Intellectual Property Rights to such Polestar Supplier License Technology and will, not take effect until Volvo Cars has received the relevant consent from the Third Party. License and License Assignment Agreement, Agreement No.: PS021 -008 When Volvo Cars has received the consent from the Third Party such Polestar Supplier License Technology will be assigned to Polestar. If Volvo Cars has not received the relevant consent from the Third Party within twelve (12) months from the signing siting date of this Agreement, no assignment of such Polestar Supplier License Technology shall occur, nor be considered to have occurred, and the Fee shall be reduced corresponding to the the part of the Fee that relates to the Polestar Supplier License Technology to which Volvo Cars has not received relevant consent in time. If such a reduction is not feasible to determine, it shall be negotiated between the Parties in good faith.

Assignment of Polestar Supplier Technology. Polestar acknowledges that the Polestar Supplier License Technology is owned by Third Parties and that Volvo Cars may not be allowed to assign its rights thereto without consent from such relevant Third Party. The assignment of Polestar Supplier License Technology is thus subject to any limitations which may be applicable to the rights granted to Volvo Cars by the Third Party owning the Intellectual Property Rights to such Polestar Supplier License Technology and will, not take effect until Volvo Cars has received the relevant consent from the Third Party. License and License Assignment Agreement, Agreement No.: PS021 -008 When Volvo Cars has received the consent from the Third Party such Polestar Supplier License Technology will be assigned to Polestar. If Volvo Cars has not received the relevant consent from the Third Party within twelve (12) months from the signing date of this Agreement, no assignment of such Polestar Supplier License Technology shall occur, nor be considered to have occurred, and the Fee shall be reduced corresponding to the the part of the Fee that relates to the Polestar Supplier License Technology to which Volvo Cars has not received relevant consent in time. If such a reduction is not feasible to determine, it shall be negotiated between the Parties in good faith.