Buyer Intellectual Property definition
Examples of Buyer Intellectual Property in a sentence
Holdings and its Subsidiaries own, lease, license or have the legal right to use, free and clear of all Liens, except for any Permitted Liens, all of their respective tangible and intangible assets, properties and rights (real and personal, including all Buyer Intellectual Property and Buyer IT Assets), except, in each case, as would not reasonably be expected, individually or in the aggregate, to be material to Holdings and its Subsidiaries, taken as a whole.
Such assets, properties and rights constitute all of the material assets, properties and assets (real and personal, including all Buyer Intellectual Property and Buyer IT Assets) used or held for use in, and necessary to permit Holdings and its Subsidiaries to conduct the business of Holdings and its Subsidiaries immediately following the Closing in substantially the same manner as conducted by Holdings as of the date hereof and immediately prior to the Closing.