Student or Learner
I came accross with the sentence below and I can't figure out what it exactly means. If you help me to understand what it says, I'll be glad.
Thanks in advance
the parties shall indemnify each other that the intellectual property broght by the party into the territory of the other party for the implementation of any other project or activities is not resulted from any infringement of third Party's property rights
It is saying that you and I (the parties) guarantee that any intellectual property (for example a software program) that we bring to each others country (territory) for use (implementation) in any project is not pirated or copied without permission (resulted from infringement of someone else's rights).
So whatever the intellectual property may be it is legal and being used properly.
Again, I am not a lawyer, but this is how I would interprete this if I saw it in a contract.
Could "is resulted from" be intended to mean "does not result in"? It is common in legal documents to read " ... does not result in the infringement of the intellectual property rights enjoyed by any third party within that territory."
I actual think it's a sentence by a non-native speaker, or it's been transcribed incorrectly.
But I still think they're asking for indemnity if such a misuse of intellectual property occurs - not a guarantee that it won't occur.
But I'm not a lawyer either.
thank u all