Common use of Use of Licensed IP Clause in Contracts

Use of Licensed IP. The Company has valid written licenses for all Licensed IP and such licenses are of sufficient scope to permit the Company to conduct its business as currently conducted and, to the Knowledge of the Company, without infringing or violating the rights of any other Person. The Company is not, nor, to the Knowledge of the Company, is any other Person, in breach of any Licensed IP Contract. (g)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Simulations Plus, Inc.)

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Use of Licensed IP. The Company has valid written licenses for all Licensed IP and such licenses are of sufficient scope to permit the Company and each of its Subsidiaries to conduct its business as currently conducted and, to the Knowledge of the Company, without infringing or violating the rights of any other PersonPerson in any material respect. The Neither the Company is notnor any of its Subsidiaries, noror, to the Knowledge of the Company, is any other Person, is in breach of any Licensed IP Contract. (g), except where such breach would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Coupa Software Inc)

Use of Licensed IP. The Company has valid written licenses for in respect of all Licensed IP and such licenses are of sufficient scope to permit the Company to use such Licensed IP for such purposes as used by the Company in the conduct of its business businesses as currently conducted and, to conducted. To the Knowledge of the Company, without infringing no claim or violating proceeding relating to the rights ownership of Licensed IP is pending or has been threatened, except for any such claim or proceeding that, if adversely determined, would not adversely affect (A) the use or exploitation of such Licensed IP or (B) the distribution, provision, delivery or sale of any other Person. The Company is not, nor, to the Knowledge of the Company, is any other Person, in breach of any Licensed IP Contract. (g)Product.

Appears in 1 contract

Samples: Agreement and Plan of Merger (EnteroMedics Inc)

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Use of Licensed IP. The Company has valid written licenses or rights under compulsory licenses for all Licensed IP and and, except as set forth on Section 2.13(f) of the Disclosure Schedule, such licenses are of sufficient scope to permit the Company and each of its Subsidiaries to conduct its business as currently conducted andwithout infringing or violating the rights of the respective licensors of such Licensed IP. Neither the Company nor any of its Subsidiaries, or, to the Knowledge of the Company, without infringing or violating the rights of any other Person. The Company is not, nor, to the Knowledge of the Company, is any other Person, is in breach of any Licensed IP Contract. (g).

Appears in 1 contract

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

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