Commercial Software Rights definition
Examples of Commercial Software Rights in a sentence
No claims with respect to the Acquired Commercial Software Rights have been asserted or, to the Best Knowledge of each Seller and each Partner, are threatened by any person against any Seller or Partner in connection with any Acquired Commercial Software Right.
All of each Seller's rights under the agreements of the Sellers identified in Schedule 2.2(c) pursuant to which any Seller has licensed any Intellectual Property from any other party for use with or in connection with the Software or Related Technology (excluding Commercial Software Rights used in the operation of a Seller's business but not necessary to the operation, performance, or functionality of the Software or Related Technology).
The Company is not nor will be as a result of the execution and delivery of this Agreement or the performance of the Company’s obligations hereunder, in violation of any license, sublicense, or agreement relating to Commercial Software Rights.
To the knowledge of the Partnership, there is no material unauthorized use, infringement or misappropriation of any of the Partnership Commercial Software Rights by the Partnership or any employee or former employee of the Partnership during the period of their employment.
Each such license agreement (other than Commercial Software Rights) is a legal, valid and binding obligation of the Company and/or the Subsidiaries, as the case may be, and each of the other parties thereto, enforceable in accordance with the terms thereof and the transactions contemplated by this agreement will not breach the terms thereof.