Common use of Sufficiency of IP Assets Clause in Contracts

Sufficiency of IP Assets. The Intellectual Property owned by, or licensed under the Inbound License Agreements to, the Company and the Subsidiaries constitutes all the material Intellectual Property rights necessary for the conduct of the Company's and Subsidiaries' businesses as they are currently conducted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cadence Design Systems Inc), Agreement and Plan of Merger (Simplex Solutions Inc)

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Sufficiency of IP Assets. The Intellectual Property owned by, by or licensed under the Inbound License Agreements to, to the Company and the Subsidiaries constitutes all the material Intellectual Property rights necessary for the conduct of the Business as it is currently conducted, excluding end user non-exclusive licenses of generally commercially available software used in the Company's operations and Subsidiaries' businesses as they that have not been customized or otherwise modified by or for the Company and are currently conductedlicensed for an aggregate license fee of no more than $25,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lecroy Corp)

Sufficiency of IP Assets. The Intellectual Property owned by, by or licensed under the Inbound License Agreements to, to the Company and the its Subsidiaries constitutes all the material Intellectual Property rights necessary for the conduct of the Company's and Subsidiaries' businesses Business as they are it is currently conducted, excluding end user non-exclusive licenses of standard desktop software applications used generally in the Company’s or such Subsidiary’s operations and that are licensed for an aggregate license fee of no more than $25,000 (including, but not limited to “shrink wrap” or “click through” licenses).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Improvenet Inc)

Sufficiency of IP Assets. The Intellectual Property owned by, by or licensed under the Inbound License Agreements to, to the Company and the or Subsidiaries constitutes constitute all the material Intellectual Property rights necessary for the conduct of the Company's ’s and Subsidiaries' businesses as they are currently and proposed to be conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Docent Inc)

Sufficiency of IP Assets. The Intellectual Property owned by, by or licensed under the Inbound License Agreements to, to the Company and the Subsidiaries Companies constitutes all the material Intellectual Property rights necessary for the conduct of the Company's Business as it is currently conducted and Subsidiaries' businesses as they are currently proposed to be conducted.

Appears in 1 contract

Samples: Share Purchase and Subscription Agreement (Ticketmaster)

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Sufficiency of IP Assets. The Company-Owned Intellectual Property owned by, or and the Intellectual Property licensed under the Inbound License Agreements to, to the Company and the its Subsidiaries constitutes under license agreements constitute all the material Intellectual Property rights necessary for the conduct of the Company's business of the Company and Subsidiaries' businesses its Subsidiaries as they are it is currently conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Usa Interactive)

Sufficiency of IP Assets. The Intellectual Property owned by, or licensed under the Inbound License Agreements to, the Company and the Subsidiaries or any Subsidiary constitutes all the material Intellectual Property rights necessary for the conduct of the Company's ’s and its Subsidiaries' businesses as they are currently conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verisity LTD)

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