Abandoned Assets definition

Abandoned Assets means those specific provisional patent applications, patent applications, patents and other governmental grants or issuances listed on Exhibit C (as such list may be updated by written agreement of the parties based on Purchaser’s review pursuant to paragraph 3.1).
Abandoned Assets means those specific provisional patent applications, patent applications, patents and other governmental grants or issuances listed on Exhibit C (as such list may be updated based on Purchaser’s review pursuant to paragraph 3.1).
Abandoned Assets means any assets designated as such on a notice of abandonment filed by the Debtor with the Bankruptcy Court (with the prior written consent of the Plan Sponsor) on or before the Effective Date. Any asset designated as an Abandoned Asset may be de-designated as an Abandoned Asset by the Debtor (with the prior written consent of the Plan Sponsor) by filing a notice of de-designation with the Bankruptcy Court on or before the Effective Date.

Examples of Abandoned Assets in a sentence

  • Seller has not put a third party on notice of actual or potential infringement of any of the Patents or the Abandoned Assets.

  • Seller has not invited any third party to enter into a license under any of the Patents or the Abandoned Assets.

  • Seller has not initiated any enforcement action with respect to any of the Patents or the Abandoned Assets.

  • Upon the Closing, Seller hereby sells, assigns, transfers, and conveys to Purchaser all of Seller’s right, title, and interest in and to the Abandoned Assets.

  • According to each applicable patent office, each of the Abandoned Assets has expired, lapsed, or been abandoned or deemed withdrawn.


More Definitions of Abandoned Assets

Abandoned Assets means (i) the Debtor’s equity interests in each of the following subsidiaries: Anacore LLC, Kaybus, Inc., Kaybus India Private Limited, Prysm Europe Ltd and Prysm Europe BVBA; and (ii) any assets designated as such on a notice of abandonment filed by the Debtor with the Bankruptcy Court (with the prior written consent of the Plan Sponsor and the Investor) on or before the Effective Date. Any asset designated as an Abandoned Asset may be de-designated as an Abandoned Asset by the Debtor (with the prior written consent of the Plan Sponsor and the Investor) by filing a notice of de-designation with the Bankruptcy Court on or before the Effective Date.
Abandoned Assets means the equity securities and interests in any non-Debtor subsidiary entity which any Debtor owns, including, but not limited to, Abandoned Entities which are not transferred to the Purchaser, and shall not be transferred to the Liquidating Trust.
Abandoned Assets means those specific patent applications, patents and other governmental grants or issuances listed on Exhibit B (as such list may be updated based on Purchaser’s review prior to Closing), and all patents or patent applications to which any of the Patents and/or Abandoned Assets claims priority which are abandoned, lapsed, or expired.
Abandoned Assets means those specific provisional patent applications, patent applications, patents and other governmental grants or issuances listed on Schedule C (as such list may be updated based on Licensee’s review pursuant to subsection 3.1).
Abandoned Assets means those specific provisional patent applications, patent applications, patents and other governmental grants or issuances listed on EXHIBIT C.
Abandoned Assets means all of the Debtors’ rights, interest and title to any assets not sold or otherwise transferred or conveyed to a third party prior to the Effective Date, including, but not limited to, pursuant to the terms of the Purchase Agreement, and that are designated on Exhibit A filed by the Debtors as part of the Plan Supplement.
Abandoned Assets means the Assets to be abandoned by the Debtors which shall be listed on Schedule 5.2.2, and for which abandonment is approved by Final Order.