IP Out-License definition

IP Out-License means all Contracts pursuant to which OTI has granted to a third Person a license, sublicense or other right (whether royalty-bearing or non-royalty-bearing or perfected or inchoate) as identified in Schedule 1.1-J.
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IP Out-License has the meaning set forth in Section 2.16(d)(iv).
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Examples of IP Out-License in a sentence

  • Section 4.12(a) of the Disclosure Schedules also identifies and describes the Intellectual Property covered by each IP In-License and IP Out-License.