Common use of Pre-existing IP Clause in Contracts

Pre-existing IP. Each PARTY’s PRE-EXISTING IP will remain the absolute unencumbered property of the respective owner of the rights at the INITIAL EFFECTIVE DATE, except for the limited rights explicitly set forth in this AGREEMENT.

Appears in 2 contracts

Sources: Patent License Agreement (Roth CH Acquisition I Co. Parent Corp.), Patent License Agreement (Roth CH Acquisition I Co. Parent Corp.)

Pre-existing IP. Each PARTY’s PRE-EXISTING IP will remain the absolute unencumbered property of the respective owner of the rights at the INITIAL EFFECTIVE DATE, except for the limited rights explicitly set forth in this AGREEMENTagreement.

Appears in 1 contract

Sources: Patent and Know How License Agreement (Learn SPAC HoldCo, Inc.)