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 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.
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”).
The registered and/or patented items of the Business Owned Intellectual Property are valid, enforceable and subsisting.
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.
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All required filings and fees related to the Business Owned Intellectual Property have been timely filed with and paid to the relevant Governmental Bodies and authorized registrars, and all registrations (and applications for registrations) of Business Owned Intellectual Property are in good standing.
All Purchased Business Owned Intellectual Property is subsisting and, to the Knowledge of Seller, is enforceable.
Except as set forth in Section 3.25(o) of the Disclosure Schedule, no Governmental Authority or Third Party has any ownership or licensing rights in any inventions of any Biofuels Subsidiary or relating to the LC Business Owned Intellectual Property Assets.