Common use of Valuable Property Clause in Contracts

Valuable Property. Reuters acknowledges and agrees that the Licensed Technology may contain or incorporate unique or valuable trade secrets of Instinet. Accordingly, the parties agree that if Instinet institutes an Action to enforce any of Reuters' material obligations under Article IV or the licenses granted under Article II, Instinet shall be entitled to seek provisional or temporary injunctive relief without posting of any bond or other security. The foregoing rights shall be in addition to and without prejudice to any other rights that Instinet may have hereunder or applicable law, whether at law or in equity.

Appears in 2 contracts

Sources: License Agreement (Instinet Group Inc), License Agreement (Instinet Group Inc)