Common use of Opinion of Patent Counsel Clause in Contracts

Opinion of Patent Counsel. Each Investor shall have received from the Company, patent counsel to the Company, an opinion addressed to it, dated the Closing Date, in the form and substance satisfactory to counsel to the Investors regarding the results of a patent search performed by such counsel and regarding the status of the Company's pending patent applications.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement

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Opinion of Patent Counsel. Each Investor shall have received from the Company, patent counsel to the Company, an opinion addressed to it, dated the Closing Date, in the form and substance satisfactory to counsel to the Investors regarding the results of a patent search performed by such counsel and regarding the status of the Company's ’s pending patent applications.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement, Convertible Preferred Stock Purchase Agreement

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