Common use of Ownership; Assignment Clause in Contracts

Ownership; Assignment. For the avoidance of doubt, the rights and obligations of the Parties under this ARTICLE 7 are subject to and limited by any applicable Third Party Obligations to the extent the provisions of such obligations or agreements are specifically disclosed to Vertex in writing (or via electronic data room) (a) with respect to Third Party Obligations existing as of the Execution Date, prior to the Execution Date, and (b) with respect to Third Party Obligations arising after the Execution Date, on or prior to the date on which such Third Party Obligations arise.

Ownership; Assignment. For the avoidance of doubt, the rights and obligations of the Parties under this ARTICLE 7 5 are subject to and limited by any applicable Third Party Obligations to the extent the provisions of such obligations or agreements are specifically disclosed to Vertex in writing (or via electronic data room) (a) with respect to Third Party Obligations existing as of the Execution Effective Date, prior to the Execution Effective Date, and (b) with respect to Third Party Obligations arising after the Execution Effective Date, on or prior to the date on which such Third Party Obligations arise.