Acquired Intellectual Property definition

Acquired Intellectual Property has the meaning given in Section 2.1(b).
Acquired Intellectual Property means all Intellectual Property owned or licensed by any Seller (excluding any licenses of commercially available Software), including Trademark rights in the Names and each Seller’s Intellectual Property listed on Schedule 1.1(a) but excluding any Contract.
Acquired Intellectual Property means all Intellectual Property included in the Acquired Assets.

Examples of Acquired Intellectual Property in a sentence

  • No current or former Representative of Seller or any of its Subsidiaries has any legal and enforceable right, title, or interest in any Acquired Intellectual Property or has the right to receive or receives a royalty fee or other compensation from Seller or any of its Subsidiaries in connection with the Acquired Intellectual Property.

  • To Seller’s Knowledge, no rights in any Acquired Intellectual Property are being infringed, misappropriated or otherwise violated by any Person.

  • Seller and its Subsidiaries have taken reasonable actions to maintain the validity and enforceability of the Acquired Intellectual Property licensed by Seller and its Subsidiaries to another Person.

  • To each Seller’s knowledge, there is no unauthorized use, infringement, misappropriation or other misuse by other Persons of any Acquired Intellectual Property purported to be owned by such Seller.

  • Without limiting the foregoing, all Service Providers that have created, invented or improved any Acquired Intellectual Property owned by the Sellers used or held for use by any Seller have executed valid and binding agreements in which they have irrevocably assigned (as opposed to only having agreed at some future date to assign) exclusive ownership of all of their rights in and to such Intellectual Property to such Seller.


More Definitions of Acquired Intellectual Property

Acquired Intellectual Property has the meaning set forth in Section 3.18(a).
Acquired Intellectual Property means the Owned Intellectual Property and the Licensed Intellectual Property.
Acquired Intellectual Property means the Owned Intellectual Property, the Licensed Intellectual Property and any other Intellectual Property owned, used or held by Seller and related to or used in the Business, including all of Seller’s right, title and interest in, to and under such Intellectual Property, including, without limitation, with respect to the Owned Intellectual Property and the Licensed Intellectual Property;
Acquired Intellectual Property has the meaning set forth in Section 1.1(g).
Acquired Intellectual Property means all Intellectual Property primarily used in, or held for use in, the operation of the Business, whether owned by a Seller or licensed to a Seller, including those Assets set forth in Schedule 7.1(a) and goodwill related thereto.
Acquired Intellectual Property means: (i) all Acquired Patents; (ii) all registered or unregistered Intellectual Property (other than Patents) owned or held for use by any of the Sellers and their Affiliates, that solely relates to the Existing Products, including (A) any tangible embodiments of such Intellectual Property, (B) books, records, ledgers, files, documents, correspondence, lists, specifications, drawings, advertising, marketing and promotional materials, studies, business and accounting records of every kind, reports and all other materials (in whatever form or medium) relating to such Intellectual Property and (C) such items in the form of specifications, product designs, embedded software, firmware, programmable logic, mask works, specialized tooling, specialized design tools, or prototypes (but for the sake of clarity, excluding the Sleipnir Intellectual Property); and (iii) the Intellectual Property (other than Patents) in the items set forth on Section 4.8(a) of the Disclosure Schedule; provided, however, that with respect to each of the foregoing subsections (i), (ii) and (iii), such Intellectual Property shall include all rights and remedies thereunder against infringement and misappropriation with respect thereto; and, provided further, with respect to each of the foregoing subsections (ii) and (iii), such Intellectual Property shall not include the Intellectual Property to the extent comprising Level 1 Technology.
Acquired Intellectual Property has the meaning set forth in Section 1.1(a).