Examples of Company IP License in a sentence
The consummation of any of the transactions contemplated by this Agreement will neither violate nor by their terms result in the material breach, material modification, cancellation, termination, suspension of, or acceleration of any payments with respect to, or release of source code because of (i) any Contract providing for the license or other use of Intellectual Property owned by a Target Company, or (ii) any Company IP License.
The licenses and sublicenses granted to Company Buyer under this Section 9.9.3 do not extend to the Steering Excluded Products identified on Schedule 9.9.1.B. Further, the license and sublicense granted pursuant to the Company IP License Agreement and this Section 9.9.3 are not assignable in whole or in part except to a purchaser of all or substantially all of the business to which the respective license(s) relate.
Neither the Company nor any Company Subsidiary nor, to the knowledge of the Company, any other party to any Company IP License is, and no Person has provided written notice to the Company or any Company Subsidiary alleging it to be, in material default or breach under any such Company IP License, and no Person has providedwritten notice to the Company or any Company Subsidiary indicating an intention to terminate (including by non-renewal) any such Company IP License.
Except as would not, individually or in the aggregate, reasonably be expected to constitute or result in a Company Material Adverse Effect, each Company IP License is in full force and effect and constitutes a legal, valid, and binding obligation of the Company or its applicable Company Subsidiary and each other party thereto, and is enforceable in accordance with its terms.
The consummation of any of the transactions contemplated by this Agreement will neither violate nor by their terms result in the breach, modification, cancellation, termination, suspension of, or acceleration of any payments with respect to, or release of source code because of (i) any Contract providing for the license or other use of Intellectual Property owned by a Target Company, or (ii) any Company IP License.
FAILURE TO DO SO CAN RESULT IN DAMAGE NOT WARRANTIED BY THE ENGINE MANUFACTUROR.
The consummation of any of the transactions contemplated by this Agreement will not result in the material breach, material modification, cancellation, termination, sus of any payments with respect to, or release of source code because of (i) any Contract providing for the license or other use of Intellectual Property owned by the Company, or (ii) any Company IP License.
In connection with a transaction described in Section 10.1, the Board shall, in good faith but subject to the following sentence, determine the fair market value of the assets and/or Units Transferred to, merged with or converted into shares of the IPO Entity, the aggregate fair market value of the IPO Entity and the number of shares of capital stock or other equity interests to be issued to each Member in exchange or consideration therefor.
None of the Transactions will result in and of themselves in automatically granting any third party any rights to any Company-Owned Intellectual Property Rights based on a Company IP License that are in addition to, or greater than, such third party currently has under such Company IP Licenses, including any access to or release of any source code owned by or licensed to the Company.
The Company has not brought any action, suit or proceeding for infringement or misappropriation of any Intellectual Property or breach of any Company IP License.