Examples of Licensed IP in a sentence
Licensee acknowledges and agrees that OATS will have final approval rights regarding the manner of use of the Licensed IP.
OATS represents and warrants that it possesses all rights to license the Licensed IP in accordance with the terms of this Agreement.
QS shall ensure that any direct or indirect assignment or transfer of any or all of the Licensed IP by QS or its Affiliates during the Term shall be subject to the licenses, covenants and rights granted under this Agreement.
All use of the Licensed IP by Licensee will inure solely to the benefit of OATS, and Licensee shall acquire no rights therein.
The Parties agree to create a program plan and schedule that will define the Parties’ respective roles and responsibilities and the operational conditions upon which the Licensed IP will be used in accordance with the terms of this Agreement in order to promote the collaborative production of positive outcomes in the lives of seniors.