Common use of Ownership and Protection of Proprietary Rights Clause in Contracts

Ownership and Protection of Proprietary Rights. Except as ---------------------------------------------- set forth in Schedule 4.18, the Company or Metroquip owns or licenses, and has ------------- the sole right to use or (if it so elects) to sublicense each of the Proprietary Rights. None of the Proprietary Rights is involved in any pending or to the best of Company's or Seller's knowledge, threatened litigation. Neither the Company nor Metroquip has received any notice of invalidity or infringement of any rights of others with respect to such Proprietary Rights. The Company has taken all reasonable and prudent steps to protect the Proprietary Rights from infringement by any other firm, corporation, association, or person. To the best knowledge of Seller and the Company, the Company's and Metroquip's use of the Proprietary Rights is not infringing upon or otherwise violating the rights of any third party in or to such Proprietary Rights, nor has such infringement been alleged by any third party. All of the Proprietary Rights are valid and enforceable rights of the Company and Metroquip and will not cease to be valid and in full force and effect by reason of the execution, delivery, and performance of this Agreement or the consummation of the transactions contemplated by this Agreement.

Ownership and Protection of Proprietary Rights. Except as To the best of ---------------------------------------------- set forth in Schedule 4.18Sellers' and Company's knowledge, the Company or Metroquip owns or licenses, and has ------------- the sole right to use or (if as it so elects) to sublicense sublicense, each of the Proprietary Rights. None To the best of Sellers' and Company's knowledge, none of the Proprietary Rights is involved in any pending or to the best of Company's or Seller's knowledge, threatened litigation. Neither the The Company nor Metroquip has not received any notice of invalidity or infringement of any rights of others with respect to such Proprietary Rights. The To the best of Sellers' and Company's knowledge, the Company has taken all reasonable and prudent steps to protect the Proprietary Rights from infringement by any other firm, corporation, association, association or person. To the best knowledge of Seller Sellers' and the Company's knowledge, the Company's and Metroquip's use of the Proprietary Rights is not infringing upon or otherwise violating the rights of any third party in or to such Proprietary Rights, nor has such infringement been alleged by any third party. All To the best of Sellers' and Company's knowledge, all of the Proprietary Rights are valid and enforceable rights of the Company and Metroquip and will not cease to be valid and in full force and effect by reason of the execution, delivery, delivery and performance of this Agreement or the consummation of the transactions contemplated by this Agreement.

Ownership and Protection of Proprietary Rights. Except as Seller owns ---------------------------------------------- set forth in Schedule 4.18, the Company or Metroquip owns or licenses, and has ------------- the sole right to use or (if it so elects) to sublicense each of the Proprietary Rights. None of the Proprietary Rights is involved in any pending or to To the best knowledge of Company's or Seller's knowledge, Seller and Seller Stockholders threatened litigation. Neither the Company nor Metroquip Seller has not received any notice of invalidity or infringement of any rights of others with respect to such Proprietary Rights. The Company Seller has taken all reasonable and prudent steps to protect the Proprietary Rights from infringement by any other firm, corporation, association, association or person. To the best knowledge of Seller and the Company, the Company's and MetroquipSeller's use of the Proprietary Rights is not infringing upon or otherwise violating the rights of any third party in or to such Proprietary Rights, nor has such infringement been alleged by any third party. All of the Proprietary Rights are valid and enforceable rights of the Company and Metroquip Seller, will be quit-claimed to Buyer and will not cease to be valid and in full force and effect by reason of the execution, delivery, delivery and performance of this Agreement or the consummation of the transactions contemplated by this Agreement.

Ownership and Protection of Proprietary Rights. Except as Seller owns ---------------------------------------------- set forth in Schedule 4.18, the Company or Metroquip owns or licenses, and has ------------- the sole right to use or (if it so elects) to sublicense each of the Proprietary Rights. None of the Proprietary Rights is involved in any pending or to the best of Company's or Seller's knowledge, threatened litigation. Neither the Company nor Metroquip Seller has not received any notice of invalidity or infringement of any rights of others with respect to such Proprietary Rights. The Company Seller has taken all reasonable and prudent steps to protect the Proprietary Rights from infringement by any other firm, corporation, association, association or person. To the best knowledge of Seller and the Company, the Company's and MetroquipSeller's use of the Proprietary Rights is not infringing upon or otherwise violating the rights of any third party in or to such Proprietary Rights, nor has such infringement been alleged by any third party. All of the Proprietary Rights are valid and enforceable rights of the Company and Metroquip Seller, will be quit-claimed to Buyer and will not cease to be valid and in full force and effect by reason of the execution, delivery, delivery and performance of this Agreement or the consummation of the transactions contemplated by this Agreement.