Common use of Use of Third Party Intellectual Property Clause in Contracts

Use of Third Party Intellectual Property. Company shall provide Microsoft with a list of any Company IP, and of any material third party Intellectual Property, that it intends to use in the performance of the E-Commerce Activities prior to such use. Company shall update such list periodically and as needed (the “Updated List”). Microsoft shall have the right to disapprove the use of any particular material third-party Intellectual Property in the provision of E-Commerce Activities by providing written notice to Company within ten (10) days of the receipt of Company’s Updated List, such notice to describe such problems in reasonable detail.