Third Party Intellectual Property definition
Examples of Third Party Intellectual Property in a sentence
The Company Group has obtained valid, written, perpetual, non-terminable (other than for cause) licenses (sufficient for the conduct of the business) to all Third-Party Intellectual Property that is incorporated into, integrated or bundled by the Company Group with any of the Company Products.
The Company (i) solely and exclusively owns all Company Owned Intellectual Property, free and clear of any Liens, and to its Knowledge, has obtained valid and enforceable licenses and authorizations to use all Third-Party Intellectual Property used by the Company and the other members of the Company Group.
No Company Intellectual Property Agreement requires the Company Group to include any Third-Party Intellectual Property in any Company Product or obtain any Person’s approval of any Company Product at any stage of development, licensing, distribution or sale of that Company Product.
No third party that has licensed Intellectual Property rights to the Company Group has ownership or license rights to improvements or derivative works made by the Company Group in the Third-Party Intellectual Property that has been licensed to the Company Group.