Common use of Existing Intellectual Property Rights Clause in Contracts

Existing Intellectual Property Rights. All Intellectual Property Rights of the parties existing before the date of this Customer Contract will be retained by the relevant party.

Existing Intellectual Property Rights. All Intellectual Property Rights of the parties existing before the date of this the Customer Contract will be retained by the relevant party. The Supplier assigns or will procure the assignment to the relevant Customer, on creation: Intellectual Property Rights in all modifications made to the Customer IP by the Supplier or its Subcontractors; and if specified in an Order, all other Intellectual Property Rights created by the Supplier or its Subcontractors in the supply of the Goods or performance of the Services.