Common use of Background and Foreground Clause in Contracts

Background and Foreground. TECHNOLOGY 7.1. Obligation of the Parties to ensure that they are adequately authorised to dispose of Background and Foreground The Parties undertake to make any and all arrangements necessary for ensuring that they are authorised to dispose of all intellectual property rights, know-how, technical improvements and business and trade secrets in a manner that allows them to fulfil their contractual obligations without restrictions.

Appears in 2 contracts

Sources: R&d Cooperation Master Agreement, R+d Cooperation Agreement