Maintenance of Intellectual Property. (a) RemainCo shall not have, nor shall any member of the RemainCo Group have, any obligation to maintain the pendency, subsistence, validity, enforceability or confidentiality of any Licensed RemainCo Intellectual Property. RemainCo may, and may permit an applicable member of the RemainCo Group to, discontinue maintenance, abandon or dedicate to the public any Licensed RemainCo Intellectual Property.
Appears in 2 contracts
Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)
Maintenance of Intellectual Property. (a) RemainCo mPower shall not have, nor shall any member of the RemainCo Group have, any obligation to maintain the pendency, subsistence, validity, enforceability or confidentiality of any Licensed RemainCo mPower Intellectual Property. RemainCo mPower may, and may permit an applicable member of the RemainCo Group to, discontinue maintenance, abandon or dedicate to the public any Licensed RemainCo mPower Intellectual Property.
Appears in 2 contracts
Samples: Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.), Intellectual Property Agreement (Babcock & Wilcox Enterprises, Inc.)
