Background Intellectual Property. As between the Parties, each Party exclusively owns all right, title, interest in the Background Intellectual Property created or acquired by it. Seller hereby grants to Buyer and ▇▇▇▇▇’s Affiliates perpetual, irrevocable, royalty-free, transferable, worldwide, fully paid-up, non-exclusive license rights (including the right to grant sub-licenses to the rights granted to Buyer under this Clause 18.2 and to freely transfer the rights granted to Buyer under this Clause 18.2 to third parties, other than to Seller’s Competitors) [***]. Seller expressly reserves all other rights in Seller Background Intellectual Property. Buyer hereby grants to Seller and Seller’s Affiliates perpetual, irrevocable, royalty free, transferable, worldwide, fully paid-up, non-exclusive license rights [***].
Appears in 7 contracts
Sources: Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.)
Background Intellectual Property. As between the Parties, each Party exclusively owns all right, title, interest in the Background Intellectual Property created or acquired by it. Seller hereby grants to Buyer and ▇▇▇▇▇’s Affiliates perpetual, irrevocable, royalty-free, transferable, worldwide, fully paid-up, non-exclusive license rights (including the right to grant sub-licenses to the rights granted to Buyer under this Clause 18.2 and to freely transfer the rights granted to Buyer under this Clause 18.2 to third parties, other than to Seller’s Competitors) [***]. ] Seller expressly reserves all other rights in Seller Background Intellectual Property. Buyer hereby grants to Seller and Seller’s Affiliates perpetual, irrevocable, royalty free, transferable, worldwide, fully paid-up, non-exclusive license rights [***].
Appears in 3 contracts
Sources: Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.)