Medtronic definition
Examples of Medtronic in a sentence
Nothing contained in this Agreement shall be construed as conferring any rights by implication, estoppel or otherwise, under any Intellectual Property other than the rights expressly granted in this Agreement with respect to the Medtronic Licensed IP or SplitCo Licensed IP.
Each Licensee hereby acknowledges that, as between the Parties, (i) Medtronic and the other Medtronic Licensors are the owners of all right, title and interest in and to the Medtronic Licensed IP and (ii) SplitCo and the other applicable members of the SplitCo Group are the owner of all right, title and interest in and to the SplitCo Licensed IP.
Any sublicensee of Licensees must be bound in writing to terms and conditions no less restrictive on the sublicensee and no less protective of the Medtronic Licensed IP or SplitCo Licensed IP, as applicable, than those contained in this Agreement and Licensees will procure that each of their sublicensees complies with the terms of its respective sublicense.
In the event such Licensor decides to initiate any third party claim of any infringement or threatened infringement or misappropriation of the Medtronic Licensed IP or SplitCo Licensed IP, as applicable to Licensor, Licensee agrees to reasonably cooperate and assist such Licensor in whatever manner Licensor directs.
This Agreement and the rights hereunder shall be fully assignable or transferrable, in whole or in part, by Medtronic without SplitCo’s consent.