Common use of Ownership or Right to Use Clause in Contracts

Ownership or Right to Use. The Company or one of its subsidiaries ------------------------- has sole title to and owns, or is licensed or otherwise possesses legally enforceable rights to use, or reasonably expects that it will be able to obtain licenses or legally enforceable rights to use, all patents or patent applications, software, know-how, registered or unregistered trademarks and service marks and any applications therefor, registered or unregistered copyrights and trade names and any applications therefor, trade secrets or other confidential or proprietary information ("Intellectual Property") necessary to enable the Company and its subsidiaries to carry on their respective businesses as currently conducted or as proposed to be conducted, except where the failure to own or have rights to use such Intellectual Property could not reasonably be expected to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cmgi Inc)

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Ownership or Right to Use. The Company or one of its ------------------------- subsidiaries ------------------------- has sole title to and owns, or is licensed or otherwise possesses legally enforceable rights to use, or reasonably expects that it will be able to obtain licenses or legally enforceable rights to use, all patents or patent applications, software, know-how, registered or unregistered trademarks and service marks and any applications therefor, registered or unregistered copyrights and trade names and any applications therefor, trade secrets or other confidential or proprietary information ("Intellectual Property") necessary to --------------------- enable the Company and its subsidiaries to carry on their respective businesses as currently conducted or as proposed to be conducted, conducted except where the failure to own or have rights to use such Intellectual Property could would not reasonably be expected to have a Company Material Adverse EffectEffect on the Company or except as disclosed in the Company Reports.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Navisite Inc)

Ownership or Right to Use. The Company or one of its subsidiaries ------------------------- has sole title to and owns, or is licensed or otherwise possesses legally enforceable rights to use, or reasonably expects that it will be able to obtain licenses or legally enforceable rights to use, all patents or patent applications, software, know-how, registered or unregistered trademarks and service marks and any applications therefor, registered or unregistered copyrights and trade names and any applications therefor, trade secrets or other confidential or proprietary information ("Intellectual PropertyINTELLECTUAL PROPERTY") necessary to enable the Company and its subsidiaries to carry on their respective businesses as currently conducted or as proposed to be conducted, except where the failure to own or have rights to use such Intellectual Property could not reasonably be expected to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Engage Inc)

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Ownership or Right to Use. The Company or one of its subsidiaries ------------------------- has sole title to and owns, or is licensed or otherwise possesses legally enforceable rights to use, or reasonably expects that it will be able to obtain licenses or legally enforceable rights to use, all patents or patent applications, software, know-how, registered or unregistered trademarks and service marks and any applications therefor, registered or unregistered copyrights and trade names and any applications therefor, trade secrets or other confidential or proprietary information ("Intellectual Property") necessary to enable the Company and its subsidiaries to carry on their respective businesses as currently conducted or as proposed to be conducted, except where the failure to own or have rights to use such Intellectual Property could not reasonably be expected to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cynet Inc)

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