SUPPLIER Properties definition
Examples of SUPPLIER Properties in a sentence
To the extent that SUPPLIER provides any SUPPLIER Technology and/or SUPPLIER Properties to BUYER as set forth in a Statement of Work or otherwise, SUPPLIER hereby grants to BUYER a limited, perpetual, irrevocable, non-exclusive, non-transferable and royalty-free license under SUPPLIER’s Intellectual Property rights, to use the SUPPLIER Technology and/or SUPPLIER Properties provided to BUYER hereunder, if any, solely in connection with the marketing, sale and distribution of the Products.
As between SUPPLIER and BUYER, SUPPLIER will own all right, title and interest in the SUPPLIER Technology and SUPPLIER Properties and all Intellectual Property Rights therein.
Except as may be otherwise expressly permitted herein with regard to BUYER’s use of SUPPLIER Technology and/or SUPPLIER Properties, BUYER will not disclose SUPPLIER’s Intellectual Property Rights to any third party.