Business IP definition

Business IP means (a) Owned IP, and (b) Intellectual Property Rights used, or held for use, by the Company or any of its Subsidiaries in its business as currently conducted.
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Business IP means the Owned IP and all other Intellectual Property used by the Company and its Subsidiaries, including Licensed Intellectual Property.
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Business IP means all Intellectual Property which has in the last two years been used or intended to be used in, or in connection with, the business of the Company;
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Examples of Business IP in a sentence

  • Upon the consummation of the Closing, the Company’s and its Subsidiaries’ rights in the Business IP, and the conduct of the Company’s and its Subsidiaries’ businesses as they are currently conducted, shall be exercisable by the Company or applicable Subsidiary to the same extent as by the Company and its Subsidiaries prior to the Closing, in each case, in all material respects.

  • Except as set forth on Section 3.12(a) of the Disclosure Schedule and except for the Intellectual Property Rights to be utilized or made available to the Company and its Affiliates pursuant to the Transition Services Agreement, the Business IP consists of all Intellectual Property Rights necessary and sufficient to conduct the businesses of the Company and each of its Subsidiaries as presently conducted.

  • The execution and delivery of this Agreement and the Ancillary Agreements and the consummation of the transactions contemplated hereby will not impair the right, title, or interest of the Company or any of its Subsidiaries in or to any of the Business IP or the use of the Business IP by the Company or any of its Subsidiaries.


More Definitions of Business IP

Business IP has the meaning set forth in Section 3.12(a).
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Business IP means the Owned IP and the Licensed IP.
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Business IP has the meaning set forth in Section 4.07(b).
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Business IP means Intellectual Property Rights that are used in and material to the Acquired Business as currently conducted and as currently proposed to be conducted.
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Business IP means all Intellectual Property owned (or purported to be owned), in whole or in part, by the Target Company or its Subsidiaries.
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Business IP means any Intellectual Property that is included in the Acquired Assets, any licenses to use Intellectual Property that are included in the Acquired Assets and, except to the extent a Separation Asset, any Intellectual Property owned by or licensed to a Purchased Company.
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Business IP means (a) all Business Copyrights, Business Patent Rights, Business Trademark Rights, Business Know-How and Business Software, (b) all other Intellectual Property that both (i) is owned, or purported to be owned, by Seller Parent or its Subsidiaries and (ii) is Related to the Business, and (c) all Intellectual Property listed in the IP Schedules; provided that the Business IP does not include any Registered IP that is not listed, or required to be listed, on the IP Schedules.
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