Intellectual Property; Status of Proprietary Rights. Each Group Company (i) has independently developed and owns free and clear of all material claims, security interests, liens or other encumbrances, or (ii) has a valid right or license to use, all Proprietary Assets (as defined below), including without limitation all Registered Intellectual Property (as defined below), necessary, material and appropriate for the Business and to the best knowledge of the Company, without any conflict with or infringement of the rights of others in any material respect. For purpose of this Agreement, (i) “
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Samples: Share Purchase Agreement (Yatsen Holding LTD), Share Purchase Agreement (Yatsen Holding LTD), Share Purchase Agreement (Yatsen Holding LTD)
Intellectual Property; Status of Proprietary Rights. 4.10.1 Each Group Company (i) has independently developed and owns free and clear of all material claims, security interests, liens or and other encumbrances, or (ii) has a the valid right or license to use, all Proprietary Assets (as defined below)products, including without limitation materials, software, tools, software tools, computer programs, specifications, source code, object code, improvements, discoveries, user interfaces, mask works, internet domain names, enterprise or business names, logos, data, information and inventions, and all Registered Intellectual Property (as defined below)documentation and media constituting, necessary, material and appropriate for the Business and describing or relating to the best knowledge foregoing that is required or used in its business as currently conducted together with all Proprietary Rights in or to all of the Companyforegoing (collectively, without any conflict with or infringement of the rights of others in any material respect. For purpose of this Agreement, (i) “Technology”).
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Samples: Share Purchase and Subscription Agreement (Ninetowns Internet Technology Group Co LTD)