Right to Use Deposits. Upon release of any Deposits to Registry pursuant to Section 9, Registry (or its assignee in accordance with the TLD Registry Agreement) shall immediately have the right to exercise or have exercised all rights in the Deposits necessary to provide Registry Services, as that term is defined and detailed in the TLD Registry Agreement. Upon release of any Deposits to ICANN pursuant to Section 9, ICANN (or its assignee in accordance with the TLD Registry Agreement) shall immediately have the right to exercise or have exercised all rights in the Deposits pursuant to the TLD Registry Agreement.
Appears in 2 contracts
Sources: Sponsored TLD Registry Agreement, Sponsored TLD Registry Agreement