Examples of Acquired Company Intellectual Property in a sentence
The Companies have taken all reasonable and necessary steps to maintain and enforce the Acquired Company Intellectual Property and to preserve the confidentiality of all Trade Secrets included in the Acquired Company Intellectual Property.
All of the Acquired Company Intellectual Property is valid and enforceable, and all Acquired Company IP Registrations are subsisting and in full force and effect.
The Acquired Companies own or have the valid and enforceable right to use all Acquired Company Intellectual Property, free and clear of all Encumbrances other than Permitted Encumbrances and those set forth in Section 3.11(a) of the Disclosure Schedules.
The Acquired Company Intellectual Property shall be available for use by Parent and the Acquired Companies immediately after the Closing Date on identical terms and conditions to those under which the Business and the Acquired Companies owned or used the Acquired Company Intellectual Property immediately prior to the Closing Date.
For each item of Acquired Company Intellectual Property, the Sellers have provided to the Buyer complete copies of all Intellectual Property Licenses, including all written modifications and amendments.
The Assets (including Real Property, Equipment and the Acquired Company Intellectual Property (other than the Programming)) comprise assets that suffice to carry out the business of the Acquired Companies in the manner and to the extent to which it is currently conducted.
To the Knowledge of the Sellers or the Acquired Companies, the Acquired Company Intellectual Property owned by the Acquired Companies is not being infringed upon, misappropriated or breached by any other Person.
No member of the Seller Group has received notice that any Purchased Intellectual Property or Acquired Company Intellectual Property is subject to any proceeding or outstanding decree, order, judgment or settlement agreement that restricts in any manner the use, transfer or licensing thereof by the Sellers, the Asset Selling Affiliates or the Acquired Companies or may affect the validity, use, or enforceability of such Intellectual Property.
Sellers shall at Purchaser’s request and Sellers’ cost at any time up to 12 months after the Closing Date give to Purchaser all reasonable assistance in obtaining any required consents of the licensors or other contracting parties to the change of control of any of the Acquired Companies under any licenses of Software included in the Acquired Company Intellectual Property.
All Acquired Company Intellectual Property is and will remain in full force and effect for at least two (2) years from the date of the Closing, and all Acquired Company Intellectual Property used pursuant to a license from a third party (other than commercially available software licenses having annual fee obligations of less than U.S.$10,000) is identified on SCHEDULE 3.16.