IP Licensor definition
Examples of IP Licensor in a sentence
Should Licensor believe that a third party is infringing Licensed IP, Licensor shall make a reasonable determination as to whether to not to file suit or any other type of action or proceeding against that third party.
In the event Licensee fails to defend any declaratory judgment action brought against any patent or patents of the IP, Licensor on written notice to Licensee may terminate the License as to the particular patent or patents involved in such declaratory judgment action.
Except as expressly provided herein, Licensor grants no other right or license, including any rights or licenses to the Licensor Background IP, Licensor Program IP, or any other Patent or intellectual property rights not otherwise expressly granted herein, whether by implication, estoppel, or otherwise.
The IP Owner hereby grants the IP Licensor and each Other Project Participant a perpetual, fully-paid, royalty-free, world-wide, sublicensable and assignable license to the Foreground IP to: (a) meet its obligations under the MPA; (b) use the Foreground IP for research and development; and (c) create, offer, support and otherwise commercialize the Deliverables..
In the following provisions of this Clause 11 the “Excluded Rights” means any Pre-Existing Work and all Disney Properties (which for the avoidance of doubt, shall be and remain the absolute property of DEI or its Affiliates) and, if a ▇▇▇▇ has been entered into by Supplier pursuant to the foregoing provisions of this Clause 11, the Derivative Properties (as defined in the IP Licensor Undertaking referred to in the ▇▇▇▇).
The IP Owner hereby grants the IP Licensor and each Other Subcontractor a perpetual, fully-paid, royalty-free, world-wide, sublicensable and assignable license to the Foreground IP to: (a) meet its obligations under the MPA; (b) use the Foreground IP for research and development; and (c) create, offer, support and otherwise commercialize products and services using the Foreground IP.
Should Licensor believe that a third party is infringing Licensed IP, Licensor Group shall make a reasonable determination as to whether to not to file suit or any other type of action or proceeding against that third party.
In the event an action is brought against the Licensee with respect to use hereunder of, or otherwise relating to, the CSL Licensed IP, Licensor shall have the primary right, but not the obligation, to defend such suits.
Licensee shall be treated as the Disclosing Party in respect of any Licensee IP, Licensor shall be treated as the Disclosing Party in respect of any Licensor IP.
Client may object to any proposed or actual use of Client IP; Licensor will terminate such use of within ten (10) days after receipt of written notice of disapproval.