Licensed Parent Software definition
Examples of Licensed Parent Software in a sentence
The terms, conditions and license rights regarding AMD’s Licensed Parent Software used in the provision or receipt of Services hereunder shall be governed by the Intellectual Property Contribution and Ancillary Matters Agreement.
Subject to the Software License Terms, each Parent hereby grants, effective as of the Effective Date, to STI a non-exclusive and non-transferable license, under its Other IP Rights, to use internally the Licensed Parent Software for which such Parent is Provider Party.
Such measures may include instructing and requiring (through written nondisclosure agreement or otherwise) Third Party recipients of such Shared Technology and Licensed Parent Software to maintain the confidentiality thereof, and limiting internal disclosures of such Shared Technology and Licensed Parent Software to those employees of Spansion and its Subsidiaries who have a need to access such Shared Technology and Licensed Parent Software and who are bound to retain the confidentiality thereof.
Each Contributing Party shall, upon the Amendment Date, deliver (if not already delivered to LLC pursuant to the terms of the IPCAAMA) to STI tangible (including machine-readable, as appropriate) embodiments of all Shared Technology and Licensed Parent Software in its possession through the transfer of facilities, personal property contained therein and employees.
If Spansion or any of its Subsidiaries becomes aware of any unauthorized (whether intentional or accidental) use or disclosure of any Shared Technology or Licensed Parent Software that Spansion believes has or will have a Material Adverse Effect on Spansion, STI or either Parent, Spansion will promptly notify the Provider Party(ies).
Spansion and STI shall use (and shall cause its Subsidiaries to use) the same care and measures to protect the confidentiality of the Shared Technology and Licensed Parent Software provided by each Parent as STI uses for its other confidential or proprietary information or material of a similar nature (including the Shared Technology and Licensed Parent Software provided by the other Parent), but no less than a reasonable degree of care.
Without limiting or affecting any other provision in this Section 2.10, each Contributing Party agrees that if STI shall submit a request for a tangible embodiment with respect to Shared Technology or Licensed Parent Software as provided in Sections 2.10 after the expiration of the six-month period, such Contributing Party shall consider the request; provided, however, that such request can be denied by Parent in its sole and absolute discretion.
If a Contributing Party discovers any tangible embodiment of Shared Technology or Licensed Parent Software in its possession that was required to be, but was not, delivered to STI, such Contributing Party shall promptly inform STI of any such error and promptly deliver, at no charge, such tangible embodiment to a location reasonably designated by STI.
The Company Parties hereby acknowledge and agree that none of them shall at any time, anywhere in the world: (i) file any application to register, or otherwise claim ownership of, the Licensed Parent IP or Licensed Parent Software or (ii) challenge or contest the validity, enforceability of or the Parent Parties’ rights in the Licensed Parent IP or Licensed Parent Software.
The terms, conditions and license rights regarding Fujitsu’s Licensed Parent Software used in the provision or receipt of Services hereunder shall be governed by the Intellectual Property Contribution and Ancillary Matters Agreement.