YSC definition
Examples of YSC in a sentence
The Supplier will not do any act or engage in any practice that would contravene or give rise to a breach of a Protective Data Security Standard in respect of any Data collected, held, used, managed, disclosed or transferred by the Supplier, on behalf of YSC, under or in connection with the Agreement.
The Supplier irrevocably and unconditionally grants to YSC a non-exclusive, perpetual, royalty free, worldwide and transferable licence (including the right to sub-license) to use any Intellectual Property Rights in relation to any Goods supplied to the extent necessary to allow YSC the full use and enjoyment of those Goods and the Supplier must, upon request by YSC, do all things as may be necessary (including executing any documents) to give full effect to such rights.
The Supplier will assign to YSC from the date of creation all Intellectual Property Rights in any Data created by or on behalf of the Supplier.
The Supplier irrevocably and unconditionally grants to YSC a perpetual, non-exclusive, royalty- free, worldwide and transferable licence (including the right to sub-license) to exercise all Intellectual Property Rights in the Contract Materials to the extent necessary to allow YSC the full use and enjoyment of the Services.
Risk in the Goods will pass to YSC when the Goods are delivered to the Delivery Point.
If YSC does not give written notification of acceptance or rejection of the Goods within 30 days of delivery, acceptance of the Goods will be deemed to have occurred on the date of delivery.
Title in the Goods will pass to YSC upon acceptance of the Goods.
The licence granted to the YSC under this clause is limited to use of the relevant Pre-Existing Intellectual Property by the YSC for the purposes of YSC and for no other purpose.
If the Supplier fails to collect and remove the rejected Goods within a reasonable time, YSC may return the Goods to the Supplier at the Supplier’s expense, or, following further notification, destroy the Goods or otherwise dispose of the Goods in its discretion.
In either case, the Supplier must pay the reasonable costs incurred by YSC in doing so.