Common use of No Licence Clause in Contracts

No Licence. 12.1 Nothing in this Agreement shall or shall be deemed to give rise to any right of Purchaser to use any FA-1 Intellectual Property. 12.2 For the purposes of this clause "Intellectual Property" means any and all patents, trade marks, rights in designs, copyrights, and topography rights, (whether registered or not and any applications to register or rights to apply for registration of any of the foregoing), rights in inventions, know-how, trade secrets and other confidential information, rights in databases and all other intellectual property rights of a similar or corresponding character which may now or in the future subsist in any part of the world, and "FA-1 Intellectual Property" means Intellectual Property owned by or licensed to FA-1 together with the goodwill relating thereto.

Appears in 3 contracts

Sources: Customer Marketing Agreement (Flag Telecom Holdings LTD), Fibre, Capacity and Facilities Purchase Agreement (Flag Telecom Holdings LTD), Fibre, Capacity and Facilities Purchase Agreement (Flag Telecom Holdings LTD)