IP Transferee definition

IP Transferee has the meaning set out in clause 21.2.
View Source
IP Transferee means any Person to which FRANCHISOR Transfers the rights to the Burger King Marks, the Burger King Domain Names and the Burger King Intellectual Property Rights licensed by FRANCHISOR to Franchisee hereunder in respect of all of the Region or a portion of the Region.
View Source
IP Transferee has the meaning set forth in sub-clause 18.7(b).
View Source

Examples of IP Transferee in a sentence

  • Subject to the foregoing, PLK may transfer or assign this Agreement, and all of the rights and obligations of PLK hereunder to (a) an Affiliate of PLK or (b) an IP Transferee, and each of Master Franchisee, the JVC and the Shareholder hereby grants its prior and irrevocable consent to such assignment, and waives any requirement of prior notice.

  • The obligations of P&G hereunder are absolute and unconditional regardless of the validity or enforceability of the License Agreement against any IP Transferee.

  • Subject to the foregoing, THRI may transfer or assign this Agreement, and all of the rights and obligations of THRI hereunder to (a) an Affiliate of THRI or (b) an IP Transferee, and each of Master Franchisee and Tims China hereby grants its prior and irrevocable consent to such assignment, and waives any requirement of prior notice.