Common use of Transfer of Title in Supply Items Clause in Contracts

Transfer of Title in Supply Items. Should Purchaser transfer title in any of the Supply Items to a third party, the licenses provided in this Section 4.5 shall run with such Supply Items, provided such third party executes a Transferee Agreement and Acknowledgment, in the form attached hereto as Exhibit K, acknowledging Supplier’s ownership in the respective Intellectual Property Rights and obligating itself to all of the same prohibitions and restrictions with respect to Supplier’s Intellectual Property Rights described in this Section 4.5. Purchaser acknowledges that the Supply Items may be subject to the export control laws and regulations of the United States of America and agrees to comply with all such laws and regulations regarding any export of any of the Supply Items.

Transfer of Title in Supply Items. Should Purchaser transfer title in any of the Supply Items to a third party, the licenses provided in this Section 4.5 shall run with such Supply Items, provided such third party executes a Transferee Agreement and Acknowledgment, in the form attached hereto as Exhibit K, K. acknowledging Supplier’s ownership in the respective Intellectual Property Rights and obligating itself to all of the same prohibitions and restrictions with respect to Supplier’s Intellectual Property Rights described in this Section 4.5. Purchaser acknowledges that the Supply Items may be subject to the export control laws and regulations of the United States of America and agrees to comply with all such laws and regulations regarding any export of any of the Supply Items.

Transfer of Title in Supply Items. Should Purchaser transfer title in any of the Supply Items to a third party, the licenses provided in this Section 4.5 shall run with such Supply Items, provided such third party executes a Transferee Agreement and Acknowledgment, Acknowledgment in the form attached hereto as Exhibit K, K. acknowledging Supplier’s ownership in the respective Intellectual Property Rights and obligating itself to all of the same prohibitions and restrictions with respect to Supplier’s Intellectual Property Rights described in this Section 4.5. Purchaser acknowledges that the Supply Items may be subject to the export control laws and regulations of the United States of America and agrees to comply with all such laws and regulations regarding any export of any of the Supply Items.