Common use of Outbound IP Licenses Clause in Contracts

Outbound IP Licenses. Section 2.12(g) of the Seller Disclosure Schedule sets forth a true, correct and complete list of all Seller Outbound IP Licenses. None of the Seller Outbound IP Licenses grants any exclusive rights to Third Parties in any Seller Intellectual Property. Except as set forth on Section 2.12(g) of the Seller Disclosure Schedule, Seller has not agreed to indemnify any Person against any infringement, violation or misappropriation of any Intellectual Property rights with respect to any Seller Outbound IP Licenses. Seller is not a member of or party to any patent pool, industry standards body, trade association or other organization pursuant to the rules of which it is obligated to license any existing or future Intellectual Property to any Person.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Peizer Terren S), Asset Purchase Agreement (Biovie Inc.)

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Outbound IP Licenses. Section 2.12(g) of the Seller Disclosure Schedule sets forth a true, correct and complete list of all Seller Outbound IP Licenses. None of the Seller Outbound IP Licenses grants any exclusive rights to Third Parties in any Seller Intellectual Property. Except as set forth on Section 2.12(g) of the Seller Disclosure Schedule, Seller has not agreed to indemnify any Person against any infringement, violation or misappropriation of any Intellectual Property rights with respect to any Seller Outbound IP Licenses. Seller is not a member of or party to any patent pool, industry standards body, trade association or other organization pursuant to the rules of which it is obligated to license any existing or future Intellectual Property to any Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (PTC Therapeutics, Inc.)

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Outbound IP Licenses. Section 2.12(g2.17(f) of the Seller Disclosure Schedule sets forth a true, correct and complete list of all Seller material Outbound IP Licenses. None of the Seller Outbound IP Licenses grants any exclusive rights to Third Parties third parties in any Seller Business Intellectual Property. Except as set forth on Section 2.12(g) of the Seller Disclosure Schedule, Seller Neither Transferor nor any Acquired Company has not agreed to indemnify any Person against any infringement, violation or misappropriation of any Intellectual Property rights with respect to any Seller Outbound IP Licenses. Seller Neither Transferor nor any Acquired Company is not a member of or party to any patent pool, industry standards body, trade association or other organization pursuant to the rules of which it is obligated to license any existing or future Business Intellectual Property to any Person.

Appears in 1 contract

Samples: Reorganization and Acquisition Agreement (22nd Century Group, Inc.)

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