Common use of Assignment of Certain Intellectual Property to Licensee Clause in Contracts

Assignment of Certain Intellectual Property to Licensee. Effective as of the date of the Spin-Off Transaction, Licensor and/or its Affiliates will assign, or have assigned, to Licensee certain intellectual property pursuant to an assignment agreement in the form agreed to by the parties.

Appears in 2 contracts

Sources: License, Services and Development Agreement (Marriott Vacations Worldwide Corp), License, Services and Development Agreement (Marriott Vacations Worldwide Corp)