Define: Mutual Background IPR
all Intellectual Property Rights that are owned by or licensed to the Mutual and which are or have been developed independently of this Agreement that are necessary to deliver the Services (which may include Intellectual
all Intellectual Property Rights that are owned by or licensed to the Mutual and which are or have been developed independently of this Agreement that are necessary to deliver the Services (which may include Intellectual Property Rights transferred to the Mutual under the Transfer Agreement), excluding, for the avoidance of doubt, these rights associated with the Mutual Trade Marks;.
Relevant Circumstances
- When IP brought into a contract by one party predates the agreement
- If background IP is needed to deliver ongoing services
- Where licence-back terms cover what the mutual already owns or licences
Relevant Sectors
- Real Estate
- IP & Licensing
- Legal Services