Standards Obligations. Company acknowledges that HP may have made or offered to make one or more of the Assignable Patents and any Follow-on Patents subject to the express or implied licensing obligations of a standards body prior to the Closing Date. Accordingly, Company acknowledges and agrees that the sale and assignment of the Assignable Patents shall be subject to, and Company shall abide by, all such preexisting obligations arising out of any Standards-Related Actions that relate to the Assignable Patents and any Follow-on Patents.
Appears in 2 contracts
Sources: Intellectual Property Agreement (Crown Electrokinetics Corp.), Intellectual Property Agreement (Crown Electrokinetics Corp.)