Rock IP definition
Examples of Rock IP in a sentence
The Rock IP is being assigned “as is” with all faults and without warranty of any kind, other than the warranties set forth in this Article 4.
WWE, on behalf of itself and its Affiliates, hereby irrevocably and unconditionally assigns, conveys, sells and transfers and agrees to assign, convey, sell, grant and transfer to DJIP, its successors and assigns all right, title and interest of every kind and character throughout the world in and to the Rock IP and all rights (now or hereafter known or devised) under any and all Intellectual Property Rights therein and thereto (collectively, the “Assigned Property”).
The Assigned Property constitutes all of the assets, properties, rights, interests and entitlements that are owned by or licensed by the TKO Group Parties and their respective Affiliates in connection with any Rock IP.
For the avoidance of doubt, any Rock IP embodied in WWE programing is subject to licenses in and to such WWE programming by WWE (the “WWE Programming Licenses”) to third parties and this Agreement will not impact the rights granted by WWE in such WWE Programming Licenses; provided, that WWE represents and warrants that no WWE Programming License contains any Lien or other restriction on the Assigned Property or DJIP’s right to freely exploit such Assigned Property following the execution of this Agreement.
To the knowledge of the TKO Group Parties, no Rock IP is subject to any Claim which could reasonably be expected to (a) restrict in any manner the use, transfer or license by any of the TKO Group Parties of any Rock IP; or (b) affect the validity, use or enforceability of any Rock IP.
No TKO Group Party is, and no TKO Group Party has been, a party to any Claim (and to the knowledge of the TKO Group Parties, no such Claim has been threatened) that challenges the validity, enforceability, ownership, or right to use, sell, license or exploit any of the Rock IP.