Business Owned Intellectual Property definition

Business Owned Intellectual Property means the Business Intellectual Property owned by Seller and primarily used or held for use in the operation or conduct of the Business.
Business Owned Intellectual Property means all Intellectual Property owned or purported to be owned in whole or in part by any of the Sellers and that is included among the Acquired Assets.
Business Owned Intellectual Property means all Intellectual Property owned or purported to be owned, in whole or in part, by Transferor and used in the Business or by any Acquired Company.

Examples of Business Owned Intellectual Property in a sentence

  • All fees due as of the date hereof associated with maintaining any registered Intellectual Property have been paid in full in a timely manner to the proper Governmental Authority, and all filings required as of the date hereof associated with maintaining any registered Business Owned Intellectual Property have been made, and, except as listed on Schedule 4.15(a), no such fees are due and no such filings are required prior to December 31, 2021.

  • Schedule 4.15(a) sets forth a complete and correct list of all patented or registered Business Owned Intellectual Property and pending patent applications or other applications for registration of Business Owned Intellectual Property, Internet domain names and material unregistered Marks, Copyrights and software included in the Business Owned Intellectual Property.

  • The registered and/or patented items of the Business Owned Intellectual Property are valid, enforceable and subsisting.

  • The Sellers and Altair U.S. have taken commercially reasonable actions to maintain the confidentiality of the confidential information and trade secrets comprising Business Owned Intellectual Property and Business Owned Technology.

  • To the Knowledge of the Sellers, there is no threatened or reasonably foreseeable loss or expiration of any material Business Owned Intellectual Property or material Business Owned Technology, other than natural expirations of any patent or other Registered Intellectual Property.

  • The Sellers and Altair U.S. (i) exclusively own and possess all right, title, and interest in and to all Business Owned Intellectual Property and Business Owned Technology, free and clear of all Liens, except for Permitted Liens, and (ii) have the right to use, pursuant to a valid and enforceable agreement, all Business Licensed Intellectual Property and Business Licensed Technology.

  • Schedule 4.15(b) sets forth all agreements under which the Company or the Asset Seller grants to a third-party any license to any Business Owned Intellectual Property (the “Outbound Licenses”).

  • All Business Owned Intellectual Property is owned exclusively by Seller free and clear of all Encumbrances other than Permitted Encumbrances.

  • No such Business Owned Intellectual Property Rights have been disclosed other than to employees, contractors, consultants, Representatives and agents of Seller or any of its Affiliates, all of whom are bound by valid, written and enforceable confidentiality agreements.

  • To the Knowledge of Seller, no third party has infringed, misappropriated or otherwise violated any Business Owned Intellectual Property.


More Definitions of Business Owned Intellectual Property

Business Owned Intellectual Property means the Intellectual Property owned by the Company or the Asset Seller.
Business Owned Intellectual Property means all Business Intellectual Property that is owned by Seller or its Subsidiaries.
Business Owned Intellectual Property means (i) the patents, patent applications, statutory invention registrations, Registered trademarks and trademark applications, Registered service marks and service xxxx applications, internet domain names, copyright registrations and applications, and all material unregistered versions thereof, that in any such case are owned by any of the Sellers and/or Altair U.S. or their respective Affiliates and Related to the Business as currently conducted (collectively, “Registrable IP”), (ii) all Software that is owned by any of the Sellers and/or Altair U.S. or their respective Affiliates and Related to the Business as currently conducted (the “Business Owned Software”) and (iii) all other Intellectual Property (other than Registrable IP and the Business Owned Software) that is owned by any of the Sellers and/or Altair U.S. or their respective Affiliates and Related to the Business as currently conducted.
Business Owned Intellectual Property means the Intellectual Property owned by the Company or the Asset Seller. “Business Plan” means any Plan to which the Company or the Asset Seller contributes or contributed to, is or was a party
Business Owned Intellectual Property has the meaning set forth in Section 4.9(b).
Business Owned Intellectual Property means all Business Intellectual Property owned by the ACRE Companies.

Related to Business Owned Intellectual Property

  • Owned Intellectual Property means all Intellectual Property owned or purported to be owned by the Company or any of its Subsidiaries.

  • Company Owned Intellectual Property means all Intellectual Property owned or purported to be owned by the Company, in whole or in part.

  • Assigned Intellectual Property has the meaning set forth in Section 2.1 (Assigned Intellectual Property).

  • Owned Intellectual Property Rights means all Intellectual Property Rights owned or purported to be owned by the Company or any of its Subsidiaries.

  • Excluded Intellectual Property shall have the meaning set forth in Section 1.2(i).

  • Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

  • Licensed Intellectual Property means all Intellectual Property in which the Company holds any rights or interests granted by other Persons, including Seller or any of its Affiliates.

  • Transferred Intellectual Property means (a) all Owned Intellectual Property, (b) all Intellectual Property Licenses, and (c) all Technology owned by or licensed to Sellers that is exclusively used in connection with the conduct of the Business as currently conducted (the foregoing constituting the “Transferred Technology”).

  • Transferred Intellectual Property Rights means (a) the Transferred Patents, (b) the Transferred Copyrights, (c) the Transferred Internet Properties, (d) the Transferred Industrial Designs, (e) The Transferred Database Rights,(f) the Transferred Mask Work Rights, (g) the Transferred Trade Secrets, and (h) the Transferred Trademarks.

  • Intellectual Property Assets means all Intellectual Property that is owned by Seller and used in or necessary for the conduct of the Business as currently conducted.

  • Seller Intellectual Property means (a) all Intellectual Property Rights owned or licensed to Seller or its Affiliates prior to the Effective Date; (b) all Intellectual Property Rights in the Seller Parts, the Specifications, and the Base Vehicle; and (c) all other Intellectual Property Rights designed, developed, or otherwise created by Seller or its Affiliates after the Effective Date without reference to Buyer Intellectual Property excluding, in each case, any of the foregoing which are Buyer Intellectual Property.

  • Intellectual Property the collective reference to all rights, priorities and privileges relating to intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including copyrights, copyright licenses, patents, patent licenses, trademarks, trademark licenses, technology, know-how and processes, and all rights to xxx at law or in equity for any infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom.

  • Company Intellectual Property Assets means all Intellectual Property Assets owned by the Company or used or held for use by the Company in the Business and all Products.

  • Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Credit Party in any Intellectual Property.

  • Licensed Intellectual Property Rights means any Intellectual Property Rights owned by a third party that a Person has a right to use, exploit or practice by virtue of a license grant, immunity from Legal Action or otherwise.

  • Company Intellectual Property means all Intellectual Property that is owned or held for use by the Company.

  • Company Intellectual Property Rights means the Intellectual Property owned or used by the Company or any Company Subsidiary.

  • Foreground Intellectual Property means all Intellectual Property developed by either Party pursuant to this Agreement;

  • Intellectual Property Agreement means the agreement in substantially the form set forth as Exhibit B.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Intellectual Property License means any license, permit, authorization, approval, contract or consent granted, issued by or with any Person relating to the use of Intellectual Property.

  • Intellectual Property Right means any patent, trade mark, service mark, copyright, moral right, right in a design, know-how and any other intellectual or industrial property rights, anywhere in the world whether or not registered.

  • Company Intellectual Property Agreements means any Contract governing any Company Intellectual Property to which the Company or any Subsidiary is a party or bound by, except for Contracts for Third-Party Intellectual Property that is generally, commercially available software and (A) is not material to the Company or any Subsidiary, (B) has not been modified or customized for the Company or any Subsidiary and (C) is licensed for an annual fee under $5,000.

  • Intellectual Property Licenses means (i) any grant by the Company to another Person of any right, permission, consent or non-assertion relating to or under any of the Purchased Intellectual Property and (ii) any grant by another Person to the Company of any right, permission, consent or non-assertion relating to or under any third Person’s Intellectual Property.

  • Other Intellectual Property means all trade secrets, ideas, concepts, methods, techniques, processes, proprietary information, technology, know-how, formulae, rights of publicity and privacy and other general intangibles of like nature, now or hereafter acquired, owned, developed or used by any Grantor.

  • Business Intellectual Property Rights means (a) the Intellectual Property Rights owned or licensed by the Group Companies and (b) any other Intellectual Property Rights owned or licensed by Seller or any of its other Subsidiaries and used solely in the conduct of the Business.