Identification and Ownership. (i) The Company (1) exclusively owns, legally and beneficially, free from all Liens, the Company Owned IP and (2) has legally enforceable license rights for or otherwise possesses legally enforceable rights to the Third Party IP used by the Company pursuant to a license, sublicense or other agreement, except to the extent that such enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights and other laws of equity.
Appears in 4 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement (Cvent Inc)
Identification and Ownership. (i) The Company (1) exclusively owns, legally and beneficially, free from all Liens, the Company Owned IP and (2) has legally enforceable license rights for or otherwise possesses legally enforceable rights to the Third Party IP used by the Company pursuant to a license, sublicense or other agreement, except to the extent that such enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights and other laws of equity.
Appears in 1 contract
Samples: Member Interest Purchase Agreement (Luna Innovations Inc)
