Common use of Owned Intellectual Property Clause in Contracts

Owned Intellectual Property. Schedule 5.11 (as updated by written notice to Bank from time to time) contains a complete list of all patents, applications for patents, trademarks, applications for trademarks, service marks, applications for service marks, mask works, trade dress and copyrights for which Borrower is the registered owner (the “Owned Intellectual Property”). Except for Immaterial Intellectual Property Rights or as disclosed on Schedule 5.11, (i) Borrower owns the Owned Intellectual Property free and clear of all restrictions (including covenants not to xxx a third party), court orders, injunctions, decrees, writs or Liens, whether by written agreement or otherwise, (ii) no Person other than Borrower owns or has been granted any right in the Owned Intellectual Property, (iii) all Owned Intellectual Property is valid, subsisting and enforceable and (iv) Borrower has taken all commercially reasonable action necessary to maintain and protect the Owned Intellectual Property.

Owned Intellectual Property. Schedule 5.11 (as updated by written notice to Bank from time to time) contains is a complete list of all patents, applications for patents, trademarks, applications for to register trademarks, service marks, applications for to register service marks, mask works, trade dress and registered copyrights for which the Borrower is the registered owner of record (the “"Owned Intellectual Property”"). Except for Immaterial Intellectual Property Rights or as disclosed on Schedule 5.11, to the Borrower's best knowledge, (i) the Borrower owns the Owned Intellectual Property free and clear of all restrictions (including covenants not to xxx sue a third party), court orders, injunctions, decrees, writs or LiensLienx, whether by written agreement or otherwise, (ii) no Person other than the Borrower owns or has been granted any right in the Owned Intellectual Property, (iii) all Owned Intellectual Property is valid, subsisting and enforceable and (iv) the Borrower has taken all commercially reasonable action necessary to maintain and protect the Owned Intellectual Property.

Owned Intellectual Property. Schedule 5.11 (as updated by written notice to Bank from time to time) contains a complete list of all patents, applications for patents, trademarks, applications for trademarks, service marks, applications for service marks, mask works, trade dress and copyrights for which Borrower is the registered owner (the “Owned Intellectual Property”). Except for Immaterial Intellectual Property Rights or as disclosed on Schedule 5.11, (i) Borrower owns the Owned Intellectual Property free and clear of all restrictions (including covenants not to xxx sxx a third party), court orders, injunctions, decrees, writs or Liens, whether by written agreement or otherwise, (ii) no Person other than Borrower owns or has been granted any right in the Owned Intellectual Property, (iii) all Owned Intellectual Property is valid, subsisting and enforceable and (iv) Borrower has taken all commercially reasonable action necessary to maintain and protect the Owned Intellectual Property.

Owned Intellectual Property. Schedule 5.11 (as updated by written notice to Bank from time to time) contains is a complete list of all patents, applications for patents, trademarks, applications for to register trademarks, service marks, applications for to register service marks, mask works, trade dress and copyrights for which any Borrower is the registered owner of record (the “Owned Intellectual Property”). Except for Immaterial Intellectual Property Rights or as disclosed on Schedule 5.115.11 and except for Permitted Liens, (i) such Borrower owns the Owned Intellectual Property free and clear of all restrictions (including covenants not to xxx sxx a third party), court orders, injunctions, decrees, writs or Liens, whether by written agreement or otherwise, (ii) no Person other than such Borrower owns or has been granted any right in the Owned Intellectual Property, (iii) all Owned Intellectual Property is valid, subsisting and enforceable and (iv) such Borrower has taken all commercially reasonable action necessary to maintain and protect the Owned Intellectual Property.