Infringing Intellectual Property definition
Examples of Infringing Intellectual Property in a sentence
In the event that Seller develops any Infringing Intellectual Property, whether on his own behalf or on behalf of a third party, Seller hereby warrants and agrees that all Infringing Intellectual Property shall be deemed to be a “work for hire,” as such term is defined under United States law.
With respect to the Intellectual Property infringement indemnification obligation of Cat IP Seller under Section 8(c), Cat IP Seller may, in its sole discretion, settle any such claim on a basis requiring Cat IP Seller to substitute for the Infringing Intellectual Property (excluding third party intellectual property) alternative, substantially equivalent non-infringing Intellectual Property.
An "Intellectual Property Claim" shall be any claim of infringement or misappropriation asserted by any third party against the Licensee or the Licensor in respect of the Patents or the Know-How or the utilization thereof by the Licensee in accordance with the terms of this License (such Patents and Know-How shall hereinafter be referred to, as applicable, as "Allegedly Infringing Intellectual Property").