Common use of Adequacy of Company Intellectual Property Clause in Contracts

Adequacy of Company Intellectual Property. 16.3.1 The Company Intellectual Property comprises all the Intellectual Property necessary for the Company to operate its business as carried on at the date of this Agreement. 16.3.2 There is no Company Intellectual Property or Intellectual Property Agreement, due to lapse, expire or terminate within the next three calendar years, the loss, termination or expiry of which would cause material adverse effect to the Company. 16.3.3 All Company Intellectual Property will either be owned by the Company, or available for use subject to an Intellectual Property Agreement and so far as the Warrantors are aware none of these rights shall be adversely affected by anything contemplated by this Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Ultralife Corp)

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Adequacy of Company Intellectual Property. 16.3.1 11.3.1 The Company Intellectual Property comprises all the Intellectual Property necessary for the Company to operate its business as carried on at the date of this Agreementagreement. 16.3.2 11.3.2 There is no Company Intellectual Property or Intellectual Property Agreement, due to lapse, expire or terminate within the next three calendar yearstwelve months, the loss, termination or expiry of which would cause material adverse effect to the Company. 16.3.3 11.3.3 All Company Intellectual Property will either be owned by the Company, Company or available for use subject to an Intellectual Property Agreement on substantially the same terms and so far as the Warrantors are aware conditions immediately following Completion and none of these rights shall be adversely affected by anything contemplated by this Agreementagreement.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of Shares (MobiVentures Inc.)

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Adequacy of Company Intellectual Property. 16.3.1 The Company Intellectual Property comprises all the Intellectual Property necessary for the Company to operate its business as carried on at the date of this Agreementagreement. 16.3.2 There is no Company Intellectual Property or Intellectual Property Agreement, due to lapse, expire or terminate within the next three calendar years, the loss, termination or expiry of which would cause material adverse effect to the Company. 16.3.3 All Company Intellectual Property will either be owned by the Company, or available for use subject to an Intellectual Property Agreement Agreement, on substantially the same terms and conditions immediately following Completion and none of these rights shall, so far as the Warrantors are aware none of these rights shall aware, be adversely affected by anything contemplated by this Agreementagreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Lifetime Brands, Inc)

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