Common use of Intellectual Property and Other Intangible Assets Clause in Contracts

Intellectual Property and Other Intangible Assets. The Company (i) owns or has the right to use, free and clear of all Liens, all patents, trademarks, service marks, trade names and copyrights, and all applications, licenses and rights with respect to the foregoing, and all trade secrets, including know-how, inventions, designs, processes, works of authorship, computer programs, and technical data and information (collectively, "Intellectual Property") used and sufficient for use in the conduct of its business as now conducted without infringing upon or violating any right, Lien, or claim of others, and (ii) except as described on Schedule 3.22, is not obligated or under any liability whatsoever to make any payments by way of royalties, fees, or otherwise to any owner or licensee of, or other claimant to, any patent, trademark, service mark, trade name, copyright, or other intangible asset, with respect xx xhe use thereof or in connection with the conduct of its business or otherwise, except for such failures to have the right to use such obligations and not have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carrizo Oil & Gas Inc)

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Intellectual Property and Other Intangible Assets. The Each of the Company and the Group Companies and HEC (i) owns or has the right to use, free and clear of all Liensliens, all patents, trademarks, service marks, trade names and copyrights, and all applications, licenses and rights with respect to the foregoing, and all trade secrets, including know-how, inventions, designs, processes, works of authorship, computer programs, and technical data and information (collectively, "β€œIntellectual Property"”) used and sufficient for use in the conduct of its respective business as now conducted without infringing upon or violating any right, Lienlien, or claim of others, and (ii) except as described on Schedule 3.223.26, is not obligated or under any liability whatsoever to make any payments by way of royalties, fees, or otherwise to any owner or licensee of, or other claimant to, any patent, trademark, service markxxxx, trade name, copyright, or other intangible asset, with respect xx xhe to the use thereof or in connection with the conduct of its business or otherwise, except for such failures to have the right to use such obligations and would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bonanza Creek Energy, Inc.)

Intellectual Property and Other Intangible Assets. The Company Issuer (i) owns or has the right to use, free and clear of all Liens, all patents, trademarks, service marks, trade names names, and copyrights, and all applications, licenses licenses, and rights with respect to the foregoing, and all trade secrets, including know-how, inventions, designs, processes, works of authorship, computer programs, and technical data and information (collectively, "Intellectual Property") used and sufficient for use in the conduct of its business as now conducted without infringing upon or violating any right, Lien, or claim of others, and (ii) except as described on Schedule 3.22in Section 3.22 of the Disclosure Letter, is not obligated or under any liability whatsoever to make any payments by way of royalties, fees, or otherwise to any owner or licensee of, or other claimant to, any patent, trademark, service mark, trade xxade name, copyright, or other intangible asset, with respect xx xhe to the use thereof or in connection with the conduct of its business or otherwise, except for such failures to have the right to use such obligations and not have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Carrizo Oil & Gas Inc)

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Intellectual Property and Other Intangible Assets. The Company (i) owns or has the right to use, free and clear of all Liens, all patents, trademarks, service marks, trade names names, and copyrights, and all applications, licenses licenses, and rights with respect to the foregoing, and all trade secrets, including know-how, inventions, designs, processes, works of authorship, computer programs, and technical data and information (collectively, "Intellectual Property") used and sufficient for use in the conduct of its business as now conducted without infringing upon or violating any right, Lien, or claim of others, and (ii) except as described on Schedule 3.224.22, is not obligated or under any liability whatsoever to make any payments by way of royalties, fees, or otherwise to any owner or licensee of, or other claimant to, any patent, trademark, service mark, trade xxade name, copyright, or other intangible asset, with respect xx xhe to the use thereof or in connection with the conduct of its business or otherwise, except for such failures to have the right to use such obligations and not have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carrizo Oil & Gas Inc)

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