Use of Licensed IP. The Company has valid written licenses in respect of all Licensed IP 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 businesses as currently conducted. To the Knowledge of the Company, no claim or proceeding relating to the 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 Company Product.
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Samples: Merger Agreement (EnteroMedics Inc)
Use of Licensed IP. The Company has valid written licenses in respect of for all Licensed IP and such licenses are of sufficient scope to permit the Company and each of its Subsidiaries to use such Licensed IP for such purposes conduct its business as used by currently conducted without infringing or violating the rights of any other Person in any material respect. Neither the Company in the conduct nor any of its businesses as currently conducted. To Subsidiaries, or, to the Knowledge of the Company, no claim or proceeding relating to the ownership any other Person, is in breach of any Licensed IP is pending or has been threatenedContract, except for any where such claim or proceeding that, if adversely determined, breach would not adversely affect (A) the use or exploitation of such Licensed IP or (B) the distribution, provision, delivery or sale of any Company Productreasonably be expected to have a Material Adverse Effect.
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Use of Licensed IP. The Company has valid written licenses in respect of for 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 businesses business as currently conducted. To conducted and, to the Knowledge of the Company, no claim without infringing or proceeding relating violating the rights of any other Person. The Company is not, nor, to the ownership Knowledge of the Company, is any other Person, in breach of any Licensed IP is pending or has been threatened, except for any such claim or proceeding that, if adversely determined, would not adversely affect Contract. (A) the use or exploitation of such Licensed IP or (B) the distribution, provision, delivery or sale of any Company Product.g)
Appears in 1 contract
Use of Licensed IP. The Company has valid written licenses in respect of or rights under compulsory licenses for all Licensed IP 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 use conduct its business as currently conducted without infringing or violating the rights of the respective licensors of such Licensed IP for such purposes as used by IP. Neither the Company in the conduct nor any of its businesses as currently conducted. To Subsidiaries, or, to the Knowledge of the Company, no claim or proceeding relating to the ownership any other Person, is in breach of any 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 Company ProductContract.
Appears in 1 contract
Samples: Merger Agreement (Crexendo, Inc.)