Common use of Patents, Copyrights, etc Clause in Contracts

Patents, Copyrights, etc. The Borrower and each of its Subsidiaries owns or possesses the requisite licenses or rights to use all patents, patent applications, patent rights, inventions, know-how, trade secrets, trademarks, trademark applications, service marks, service names, trade names and copyrights (“Intellectual Property”) necessary to enable it to conduct its business as now operated (and, as presently contemplated to be operated in the future). Except as disclosed in the SEC Documents, there is no claim or action by any person pertaining to, or proceeding pending, or to the Borrower’s knowledge threatened, which challenges the right of the Borrower or of a Subsidiary with respect to any Intellectual Property necessary to enable it to conduct its business as now operated (and, as presently contemplated to be operated in the future); to the best of the Borrower’s knowledge, the Borrower’s or its Subsidiaries’ current and intended products, services and processes do not infringe on any Intellectual Property or other rights held by any person; and the Borrower is unaware of any facts or circumstances which might give rise to any of the foregoing. The Borrower and each of its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of their Intellectual Property.

Appears in 5 contracts

Samples: Securities Purchase Agreement (SMX (Security Matters) Public LTD Co), Securities Purchase Agreement (SMX (Security Matters) Public LTD Co), Securities Purchase Agreement (Bruush Oral Care Inc.)

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Patents, Copyrights, etc. The Borrower Company and each of its ------------------------ Subsidiaries owns or possesses the requisite licenses or rights to use all patents, patent applications, patent rights, inventions, know-how, trade secrets, trademarks, trademark applications, service marks, service names, trade names and copyrights (“Intellectual Property”"INTELLECTUAL PROPERTY") necessary to enable it to conduct its business as now operated (andand to the best of the Company's knowledge, as presently contemplated to be operated in the future). Except as disclosed in the SEC Documents, ; there is no claim or action by any person pertaining to, or proceeding pending, or to the Borrower’s Company's knowledge threatened, threatened which challenges the right of the Borrower Company or of a Subsidiary with respect to any Intellectual Property necessary to enable it to conduct its business as now operated (andand to the best of the Company's knowledge, as presently contemplated to be operated in the future); to the best of the Borrower’s Company's knowledge, the Borrower’s Company's or its Subsidiaries, current and intended products, services and processes do not infringe on any Intellectual Property or other rights held by any person; and the Borrower Company is unaware of any facts or circumstances which might give rise to any of the foregoing. The Borrower Company and each of its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of their Intellectual Property.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Aura Systems Inc), Securities Purchase Agreement (Aura Systems Inc), Securities Purchase Agreement (Aura Systems Inc)

Patents, Copyrights, etc. The Borrower Company and each of its Subsidiaries owns or possesses the requisite licenses or rights to use all patents, patent applications, patent rights, inventions, know-how, trade secrets, trademarks, trademark applications, service marks, service names, trade names and copyrights (“Intellectual Property”) necessary to enable it to conduct its business as now operated (and, to the best of the Company’s knowledge, as presently contemplated to be operated in the future). Except as disclosed in the SEC Documents, ; there is no claim or action by any person pertaining to, or proceeding pending, or to the BorrowerCompany’s knowledge threatened, which challenges the right of the Borrower Company or of a Subsidiary with respect to any Intellectual Property necessary to enable it to conduct its business as now operated (and, to the best of the Company’s knowledge, as presently contemplated to be operated in the future); to the best of the BorrowerCompany’s knowledge, the BorrowerCompany’s or its Subsidiaries’ current and intended products, services and processes do not infringe on any Intellectual Property or other rights held by any person; and the Borrower Company is unaware of any facts or circumstances which might give rise to any of the foregoing. The Borrower Company and each of its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of their Intellectual Property.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Midnight Holdings Group Inc), Securities Purchase Agreement (Midnight Holdings Group Inc)

Patents, Copyrights, etc. The Borrower Company and each of its Subsidiaries owns or possesses the requisite licenses or rights to use all patents, patent applications, patent rights, inventions, know-how, trade secrets, trademarks, trademark applications, service marks, service names, trade names and copyrights (collectively, “Intellectual Property”) necessary to enable it to conduct its business as now operated (and, as presently contemplated to be operated in the future). ; Except as disclosed in the SEC Documents, there is no claim or action by any person pertaining to, or proceeding pending, or to the BorrowerSeller’s knowledge threatened, which challenges the right of the Borrower Seller or of a Subsidiary with respect to any Intellectual Property necessary to enable it to conduct its business as now operated (and, as presently contemplated to be operated in the future); to the best of the BorrowerSeller’s knowledge, the BorrowerSeller’s or its Subsidiaries’ current and intended products, services and processes do not infringe on any Intellectual Property or other rights held by any person; and the Borrower Seller is unaware of any facts or circumstances which might give rise to any of the foregoing. The Borrower Seller and each of its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of their Intellectual Property.

Appears in 1 contract

Samples: Securities Purchase Agreement (TPT Global Tech, Inc.)

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Patents, Copyrights, etc. (i) The Borrower Company and each of its Subsidiaries owns or possesses the requisite licenses or rights to use all patents, patent applications, patent rights, inventions, know-how, trade secrets, trademarks, trademark applications, service marks, service names, trade names and copyrights ("Intellectual Property") necessary to enable it to conduct its business as now operated (and, to the best of the Company’s knowledge, as presently contemplated to be operated in the future). Except as disclosed in the SEC Documents, ; there is no claim or action by any person pertaining to, or proceeding pending, or to the BorrowerCompany’s knowledge threatened, which challenges the right of the Borrower Company or of a Subsidiary with respect to any Intellectual Property necessary to enable it to conduct its business as now operated (and, to the best of the Company’s knowledge, as presently contemplated to be operated in the future); to the best of the BorrowerCompany’s knowledge, the BorrowerCompany’s or its Subsidiaries’ current and intended products, services and processes do not infringe on any Intellectual Property or other rights held by any person; and the Borrower Company is unaware of any facts or circumstances which might give rise to any of the foregoing. The Borrower Company and each of its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of their Intellectual Property.

Appears in 1 contract

Samples: Securities Purchase Agreement (Itronics Inc)

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