Embedded IP definition

Embedded IP means any pre-existing intellectual property owned by the CONTRACTOR or by any third Party and incorporated or embedded into the Custom Work Product.
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Embedded IP means Intellectual Property Rights, including in and to software that is not generally commercially available, owned by a third party other than CDS or CDS Limited and incorporated into the CSA National Systems.
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Examples of Embedded IP in a sentence

  • To the extent that the Purchaser advises the Seller Parties that the Purchaser needs to communicate with third party licensors of Embedded IP Rights associated with any Transferred Assets, the Seller Parties shall authorize such third party vendors to communicate directly with the Purchaser concerning the licenses held by the Seller Parties solely with respect to such Embedded IP Rights associated with such Transferred Assets.

  • The parties agree that solely to the extent that the Seller Parties own or otherwise have the right to grant rights in any Embedded IP Rights, the Seller Parties grant effective as of the Closing Date and upon delivery of the same to Purchaser, a nonexclusive, perpetual, royalty-free, worldwide license to Purchaser to use such Embedded IP Rights.

  • The parties agree that any computer software or other intellectual property included in the Transferred Assets or otherwise transferred or made available hereunder (including any Embedded IP Rights or Accessed Software) to the Purchaser is provided with all fault, and the entire risk as to satisfactory quality, results, performance, reliability, functionality, accuracy, and effort is assumed by the Purchaser.

  • Except as otherwise specifically set forth in the Agreement, (i) the Agreement conveys no ownership rights to ISBE or the Governmental Unit or the with respect to Embedded IP, and (ii) ISBE and the Governmental Unit is granted a paid-up, world-wide, perpetual, nonexclusive license to use the Embedded IP strictly as an integral part of, and in conjunction with, ISBE's use of the Custom Work Product and for no other purpose.

  • For a period of ninety (90) calendar days following the Closing Date, the Seller Parties will make available to the Purchaser and its employees access to the computer and software systems reasonably relating to the Insurance Contracts and/or the Embedded IP Rights (the “Available Systems”) solely on a transitional basis.

  • The Embedded IP Rights shall include physical copies of the data, source code, development documentation, and software listed on Schedule 14.2. The Purchaser acknowledges that the Seller Parties may delete any data not relating to the operation of the Seller Parties’ business as it relates to the Insurance Contracts (and any e-mail files of the Seller Parties and/or of their respective Affiliates, whether or not related to the Insurance Contracts) from the Transferred Assets prior to delivery thereof.

Related to Embedded IP

  • Licensed IP means the Licensed Patents and the Licensed Know-How.