Key Assets. The Underlying Asset shall have completed and evidenced its acquisition of Key Assets as defined in the Confirmation from the relevant person in such form as deemed satisfactory to the Purchaser. Except as stated above, the Underlying Asset does not, directly or indirectly, have any equity or other interest, or rights to obtain such equity or other interests in any corporation, partnership, joint venture, firm, association, entity or business enterprise, and is not party to any agreement to acquire such an interest.
Key Assets. On expiry or sooner termination of this Agreement, the Supplier shall return any Client Items.
Key Assets. The Company owns all intellectual property rights to the extent possible (that is, excluding software the subject of open source licences) in the technology under development save for the material subject to open source licences. The Company owns xxxx://xxx.xxxxxxxxxxxx.xx/ and associated social media accounts. The Company intends to apply for trademark registration of it’s logo and name but has not filed that application to date.
Key Assets. Artisoft shall not transfer any assets or rights that are required to meet any of Artisoft's covenants or obligations hereunder, including, without limitation, the licensing, development and support Of the Software, unless, in connection with such transfer, Artisoft causes the transferee to enter into an agreement with TAIS that meets TAIS' reasonable satisfaction, pursuant to which transferee agrees to perform Artisoft's duties relating, to the asset or right set forth herein. In the event that Artisoft breaches this section 15.3, as TAIS's sole remedy, which it may choose to exercise in its sole discretion, TAIS shall have an immediate right to terminate this Agreement and to receive within ten (10) days of written demand therefor a refund of the total amount of TAIS payments toward the Minimum Commitment in excess of the actual royalty payments that Would have been owed hereunder by TAIS to Artisoft absent the Minimum Commitment.
Key Assets. 25.22.1 Each Obligor shall, and shall procure that each member of the Group shall, exercise such votes and other rights as it may have with respect to the Key Assets for the purposes ensuring (so far as it is able) that each Key Asset is at all times exploited and operated in a reasonable and prudent manner and in accordance with good industry practice and all applicable laws and regulations.
Key Assets. Existing non-operational Michener financial assets (e.g., Education Development Fund, scholarship, bursaries and other funds) will be maintained by UHN in a manner consistent with existing purposes. Michener will confirm any intellectual property that has special terms or reserved rights that may be affected by the Merger.
