HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses as they are currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 3 contracts
Samples: Merger Agreement (Compscripts Inc), Non Competition Agreement (Allis Chalmers Corp), Agreement and Plan of Reorganization (Dynamic Health Products Inc)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's Acquired Companies' businesses as they are currently conducted. The Company One or more of the Acquired Companies is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Drugmax Com Inc), Noncompetition Agreement (Dynamic Health Products Inc)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's ' businesses as they are currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 2 contracts
Samples: Share Exchange Agreement (Melita International Corp), Share Exchange Agreement (Melita International Corp)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's Acquired Companies' businesses as they are currently conducted. The Company One or more of the Acquired Companies is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claimsclaims excepting only Permitted Encumbrances, and has the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 1 contract
Samples: Stock Purchase Agreement (Bridge Street Financial Inc)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses business as they are it is currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, third-party rights, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
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HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses business as they are currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.other
Appears in 1 contract
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses business as they are it is currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
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HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses as they are currently conducted. The Company is the owner of all right, title, title and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, equities and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
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HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses and its Subsidiaries' business as they are it is currently conducted. The Company or a Subsidiary is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrancesEncumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Accel International Corp)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses business of the Company as they are it is currently conducted. The Company is the owner of owns all right, title, title and interest in and to each of the Intellectual Property Assets, free and clear of all liensEncumbrances, security interests, charges, encumbrances, equities, and other adverse claims, and has or have the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 1 contract
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's Acquired Companies' businesses as they are currently conducted. The Company Except as set forth in Part 3.17(c) of the Disclosure Letter, one or more of the Acquired Companies is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, Encumbrances and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Image Guided Technologies Inc)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses business as they are currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
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HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those necessary for the operation of the Company's businesses as they are currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment (except as set forth in Part 3.22(b) of the Disclosure Letter) to a third party all of the Intellectual Property Assets.
Appears in 1 contract
Samples: Stock Purchase Agreement (Allis Chalmers Energy Inc.)
HOW NECESSARY FOR THE BUSINESS. (i) The Intellectual Property Assets are all those of which the Sellers have knowledge and which are necessary for the operation of the Company's businesses as they are currently conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use without payment to a third party all of the Intellectual Property Assets.
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