Validity of Patents. To its knowledge, each of Borrower's patents, patent applications and like provisions are valid and enforceable, and none of Borrower's patents have been judged invalid or unenforceable, in whole or in part, and no claim has been made that any part of the Collateral violates the rights of any third party except as previously disclosed to Silicon.
Validity of Patents. All of the PureDepth Patents are currently in compliance with all formal legal requirements (including payment of filing, examination and maintenance fees and proofs of working or use), and, to the best of PureDepth’s knowledge, are valid and enforceable.
Validity of Patents. As of the Effective Date, Vividion is not in possession of information that would render invalid and/or unenforceable any claims that are in any of the Vividion Base Patents. Vividion is aware that information had been cited in the prosecution of Vividion Base Patents which information Vividion would not consider to reasonably be render invalid and/or unenforceable any claims that are in any of the Vividion Base Patents. Vividion has no knowledge of any inventorship disputes concerning any Vividion Base Patents.
Validity of Patents. Copyrights and Trade Marks. Licensor will maintain the validity of the existing and future Patents, Copyrights and Trade Marks by paying all required fees and other costs associated with maintaining the Patents, Copyrights and Trade Marks in force in those jurisdictions within the Territory where they are presently and will in the future be registered. Licensor may, however, upon notice to but subject to reasonable objection by Licensee, abandon any such Patents, Copyrights or Trade Marks as it deems of no further practical use. For the purposes hereof, a reasonable objection of Licensee shall include, without limitation, that the Licensee sells or reasonably intends within the next twelve (12) months to sell Products in such jurisdiction within the Territory. Notwithstanding the foregoing, Licensor shall not be entitled to abandon any existing Patents, Copyrights or Trade Marks in the manner provided for herein prior to the twenty-fifth (25th) month following the date hereof. For North America, for the first two twelve (12) month periods commencing on the date hereof, Licensee shall reimburse Licensor, within thirty (30) days of receipt of evidence of any such payment by Licensor, for its Proportion of such maintenance fees and other costs for Xxxxx Xxxxxxx. Xxx Xxxxx Xxxxxxx commencing with the twenty-fifth (25th) month following the date hereof and ending December 31, 2000 and for each fiscal year of Licensee thereafter, and for each country outside of North America in each fiscal year, Licensee shall reimburse Licensor, within thirty (30) days of the determination of the Sales Proportion for the period in question and upon receipt of evidence of such payments by Licensor, for its North American Sales Proportion of such maintenance fees and other costs for North America and its Country Sales Proportion of such maintenance fees and other costs for such country, for the period in question.
Validity of Patents. To its knowledge, each of the Patents, patent applications and like provisions are valid and enforceable, and no part of the Collateral has been judged invalid or unenforceable, in whole or in part, and no claim has been made that any part of the Collateral violates the rights of any third party.
Validity of Patents. All materials and information of which disclosure to the United States Patent and Trademark Office is required pursuant to United States Patent Law and Regulations during the prosecution of the Patents have been submitted thereto. There has been no misrepresentation and, to the best knowledge and belief of the Sellers, there is no information or prior art reference that would render the Patents invalid or raise material questions regarding their validity.
Validity of Patents. There are no patents issued by any country in the Territory or any other prior art which invalidate or would invalidate any of the patents included in the Licensed Technology, or issuance of any of those patents in any country in the Territory. Each patent included in the Licensed Technology was validly issued under the laws of the country which issued it.
Validity of Patents. All materials and information of which disclosure to the United States Patent and Trademark Office is required pursuant to United States Patent Law and Regulations during the prosecution of the Patents have been submitted thereto. There has been no misrepresentation and, to the best knowledge and belief of McGill, there is no information or prior art reference that would render the Patents invalid or raise any material questions regarding their validity.
Validity of Patents. Other than as expressly set forth in Section ------------------- 3.1(e) or 3.1(f) hereof, Licensee assumes the sole risks of potential invalidity with respect to any Patent subject to this Agreement and Licensor makes no warranty with respect to the validity of any such Patent.
Validity of Patents. In the event that, in any arbitration proceeding, any issue shall arise concerning the validity, construction or effect of any patent licensed hereunder, the arbitrators shall assume the validity of all claims as set forth in such patent; in any event the arbitrators shall not delay the arbitration proceeding for the purpose of obtaining or permitting either party to obtain judicial resolution of such issue, unless an order stating such arbitration proceeding shall be entered by a court of competent jurisdiction. Neither party shall raise any issue concerning the validity, construction or effect of any patent licensed hereunder in any proceeding to enforce any arbitration award hereunder or in any proceeding otherwise arising out of any such arbitration award.
