IP Services definition
Examples of IP Services in a sentence
With respect to the IP Services, the Manager shall perform such IP Services in accordance with the Managing Standard and the Canadian SPV IP License Agreements, unless a Canadian SPV Franchising Entity determines, in its sole discretion, that additional action is necessary or desirable in furtherance of the protection of the Securitization IP, in which case the Manager shall perform such IP Services and additional related services as are reasonably requested by such Canadian SPV Franchising Entity.
The SPV Franchising Entities shall have the right to monitor the Manager’s compliance with the foregoing and its performance of the IP Services and, in furtherance thereof, Manager shall provide each SPV Franchising Entity, at the written request from time to time of such SPV Franchising Entity, with copies of Franchise Documents and other sublicenses and samples of products and materials bearing the Trademarks included in the Securitization IP used by Franchisees and other licensees and sublicensees.
Nothing in this Agreement shall limit the SPV Franchising Entities’ rights or the licensees’ obligations under the IP License Agreements or any other agreement with respect to which the Manager is performing IP Services.
With respect to the IP Services, the Manager shall perform such IP Services in accordance with the Managing Standard and the IP License Agreements, unless an SPV Franchising Entity determines, in its sole discretion, that additional action is necessary or desirable in furtherance of the protection of the Securitization IP, in which case the Manager shall perform such IP Services and additional related services as are reasonably requested by such SPV Franchising Entity.
Nothing in this Agreement shall limit the Canadian SPV Franchising Entities’ rights or the licensees’ obligations under the Canadian SPV IP License Agreements or any other agreement with respect to which the Manager is performing IP Services.