Common use of IP Rights Clause in Contracts

IP Rights. Marina owns all the Licensed Technology, has the full legal rights and authority to grant the licenses and rights under the Licensed Technology granted under this Agreement, and has not assigned, transferred, conveyed or licensed its right, title and interest in the Licensed Technology in any manner inconsistent with such license grant or the other terms of this Agreement. There is no pending litigation or, to the best of Marina’s knowledge, written threat of litigation (that has not been resolved by taking a license or otherwise), which alleges that Marina’s activities with respect to the Licensed Patents or Licensed Products have infringed or misappropriated any of the intellectual property rights of any Third Party. To the best of Marina’s knowledge, the practice of the Licensed Technology as contemplated by this Agreement does not infringe any patent rights, or misappropriate any other intellectual property, owned by a Third Party.

IP Rights. Marina Bio owns all the Licensed Technology, Technology has the full legal rights and authority to grant the licenses and rights under the Licensed Technology granted under this Agreement, Agreement and has not assigned, transferred, conveyed or licensed its right, title and interest in the Licensed Technology in any manner inconsistent with such license grant or the other terms of this Agreement. There is no pending litigation or, to the best of MarinaMarina Bio’s knowledge, written threat of litigation that has been received by Marina Bio (that and has not been resolved by taking a license or otherwise), which alleges that MarinaMarina Bio’s activities with respect to the Licensed Patents or Licensed Products have infringed infringed, or misappropriated any of the intellectual property rights of any Third Party. To the best of MarinaMarina Bio’s knowledge, the practice of the Licensed Technology as contemplated by this Agreement does not infringe any patent rights, or misappropriate any other intellectual property, owned by a Third Party.

IP Rights. Marina Bio owns all the Licensed Technology, Technology has the full legal rights and authority to grant the licenses and rights under the Licensed Technology granted under this Agreement, Agreement and has not assigned, transferred, conveyed or licensed its right, title and interest in the Licensed Technology in any manner inconsistent with such license grant or the other terms of this Agreement. There is no pending litigation or, to the best of MarinaMarina Bio’s knowledge, written threat of litigation that has been received by Marina Bio (that and has not been resolved by taking a license or otherwise), which alleges that MarinaMarina Bio’s activities with respect to the Licensed Patents or Licensed Products have infringed or misappropriated any of the intellectual property rights of any Third Party. To the best of MarinaMarina Bio’s knowledge, the practice of the Licensed Technology as contemplated by this Agreement does not infringe any patent rights, or misappropriate any other intellectual property, owned by a Third Party.