Examples of Company IP Agreements in a sentence
Except as accurately and completely set forth in the Company IP Agreements, no royalties, commissions, fees or other payments are or will become payable by the Company to any Person by reason of the Company’s Exploitation of any Company IP in the conduct of the Company’s business as currently conducted.
Other than the Company IP Agreements, there are no other Contracts to which the Company is a party governing or relating to any Company IP.
Schedule 2.16.2 to the Disclosure Memorandum lists all Company IP Agreements, separately identified as Outbound Licenses and Inbound Licenses (except for Inbound Licenses that are standard end user license agreements for off-the-shelf software or services not in excess of $1,000 per seat; although excluded from Schedule 2.16.2 to the Disclosure Memorandum, such Contracts are included in the definition of Inbound Licenses).
With respect to the Company IP Agreements, except as otherwise set forth in Schedule 2.16.2 to the Disclosure Memorandum: (a) all are valid, binding and in full force and effect; (b) the Company and, to the Knowledge of the Company, each other party thereto have performed their obligations thereunder; and (c) neither the Company nor, to the Knowledge of the Company, any other party thereto is in default or breach thereunder.