Common use of Intellectual Property Rights Licensed from Others Clause in Contracts

Intellectual Property Rights Licensed from Others. Schedule 5.11 is a complete list of all agreements under which the Borrower or any of its Subsidiaries has licensed intellectual Property Rights from another Person ("Licensed Intellectual Property") other than readily available, non-negotiated licenses of computer software and other intellectual property used solely for performing accounting, word processing and similar administrative tasks ("Off- the-shelf Software") and a summary of any ongoing payments the licensee is obligated to make with respect thereto. Except as disclosed on Schedule 5.11 and in written agreements copies of which have been given to the Lender, the licenses of the Borrower and its Subsidiaries to use the Licensed Intellectual Property are free and clear of all restrictions, Liens, court orders, injunctions, decrees, or writs, whether by written agreement or otherwise. Except as disclosed on Schedule 5.11, neither the Borrower nor any of its Subsidiaries is obligated or under any liability whatsoever to make any payments of a material nature by way of royalties, fees or otherwise to any owner of, licensor of, or other claimant to, any Intellectual Property Rights.

Intellectual Property Rights Licensed from Others. Schedule 5.11 is a complete list of all agreements under which the Borrower or any of its Subsidiaries has licensed intellectual Intellectual Property Rights from another Person ("“Licensed Intellectual Property"”) other than readily available, non-negotiated licenses of computer software and other intellectual property used solely for performing accounting, word processing and similar administrative tasks ("Off- “Off-the-shelf Software"”) and a summary of any ongoing payments the licensee is obligated to make with respect thereto. Except as disclosed on Schedule 5.11 and in written agreements copies of which have been given to the Lender, the licenses of the Borrower and its Subsidiaries to use the Licensed Intellectual Property are free and clear of all restrictions, Liens, court orders, injunctions, decrees, or writs, whether by written agreement or otherwise. Except as disclosed on Schedule 5.11, neither the Borrower nor any of its Subsidiaries is obligated or under any liability whatsoever to make any payments of a material nature by way of royalties, fees or otherwise to any owner of, licensor of, or other claimant to, any Intellectual Property Rights.

Intellectual Property Rights Licensed from Others. Schedule 5.11 is a complete list of all agreements under which the Borrower or any of its Subsidiaries Subsidiary has licensed intellectual Intellectual Property Rights from another Person ("“Licensed Intellectual Property"”) other than readily available, non-negotiated licenses of computer software and other intellectual property used solely for performing accounting, word processing and similar administrative tasks ("Off- “Off-the-shelf Software"”) or which are customarily incorporated into the software that is included in the Company’s products, and a summary of any ongoing payments the licensee Borrower is obligated to make with respect thereto. Except as disclosed on Schedule 5.11 and in written agreements agreements, copies of which have been given to the Lender, the Borrower’s and each Subsidiary’s licenses of the Borrower and its Subsidiaries to use the Licensed Intellectual Property are free and clear of all restrictions, Liens, court orders, injunctions, decrees, or writs, whether by written agreement or otherwise. Except as disclosed on Schedule 5.11, neither the Borrower nor any of its Subsidiaries Subsidiary is obligated or under any liability whatsoever to make any payments of a material nature by way of royalties, fees or otherwise to any owner of, licensor of, or other claimant to, any Intellectual Property Rights.

Intellectual Property Rights Licensed from Others. Schedule 5.11 is a complete list of all agreements under which the Borrower or any of its Subsidiaries has licensed intellectual Intellectual Property Rights from another Person ("“Licensed Intellectual Property"”) other than readily available, non-negotiated licenses of computer software and other intellectual property used solely for performing accounting, word processing and similar administrative tasks ("Off- “Off-the-shelf Software"”) and a summary of any ongoing payments the licensee Borrower is obligated to make with respect thereto. Except as disclosed on Schedule 5.11 and in written agreements agreements, copies of which have been given to the Lender, the Borrower’s licenses of the Borrower and its Subsidiaries to use the Licensed Intellectual Property are free and clear of all restrictions, LiensLiens (other than Liens on such Licensed Intellectual Property held by Xxxxx Fargo), court orders, injunctions, decrees, or writs, whether by written agreement or otherwise. Except as disclosed on Schedule 5.11, neither the Borrower nor any of its Subsidiaries is not obligated or under any liability whatsoever to make any payments of a material nature by way of royalties, fees or otherwise to any owner of, licensor of, or other claimant to, any Intellectual Property Rights.