Common use of TRADEMARKS AND INTELLECTUAL PROPERTY COMPLIANCE Clause in Contracts

TRADEMARKS AND INTELLECTUAL PROPERTY COMPLIANCE. Company owns or has the right to use, without any material payment to any other party, all of its patents, trademarks (registered or unregistered), trade names, service marks, copyrights and applications ("Intellectual Property Rights") and the consummation of the transactions contemplated hereby will not alter or impair such rights in any material respect. To the best of the Company's and Stockholders' knowledge and belief, no claims are pending by any person with respect to the ownership, validity, enforceability or use of any such Intellectual Property Rights challenging or questioning the validity or effectiveness of any of the foregoing which claims could reasonably be expected to have a Company Material Adverse Effect.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization and Merger (Palex Inc), Merger Agreement (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc)

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TRADEMARKS AND INTELLECTUAL PROPERTY COMPLIANCE. The Company owns and its subsidiaries own or has have the right to use, without any material payment to any other party, all of its their patents, trademarks (registered or unregistered), trade names, service marks, copyrights and applications ("Intellectual Property Rights") ), and the consummation of the transactions contemplated hereby will not alter or impair such rights in any material respect. To the best knowledge of the Company's and Stockholders' knowledge and belief, no claims are pending by any person with respect to the ownership, validity, enforceability or use of any such Intellectual Property Rights challenging or questioning the validity or effectiveness of any of the foregoing which claims could reasonably be expected to have a Company Material Adverse Effect.

Appears in 3 contracts

Samples: Merger Agreement (Corporate Express Inc), Merger Agreement (Data Documents Inc), Merger Agreement (Corporate Express Inc)

TRADEMARKS AND INTELLECTUAL PROPERTY COMPLIANCE. Company owns or has the right to use, without any material payment to any other party, all of its patents, trademarks (registered or unregistered), trade names, service marks, copyrights and applications ("Intellectual Property Rights") and the consummation of the transactions contemplated hereby will not alter or impair such rights in any material respect. To the best of the Company's and Stockholders' Stockholder's knowledge and belief, no claims are pending by any person with respect to the ownership, validity, enforceability or use of any such Intellectual Property Rights challenging or questioning the validity or effectiveness of any of the foregoing which claims could reasonably be expected to have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc)

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TRADEMARKS AND INTELLECTUAL PROPERTY COMPLIANCE. The Company owns and its subsidiaries own or has have the right to use, without any material payment to any other party, all of its their patents, trademarks (registered or unregistered), trade names, service marks, copyrights and applications ("Company Intellectual Property Rights") ), and the consummation of the transactions contemplated hereby will not alter or impair such rights in any material respect. To the best knowledge of the Company's Company and Stockholders' knowledge and beliefthe Seller, no claims are pending by any person with respect to the ownership, validity, enforceability or use of any such Company Intellectual Property Rights challenging or questioning the validity or effectiveness of any of the foregoing which claims could reasonably be expected to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (U S Plastic Lumber Corp)

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