Intellectual Property Asset definition

Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Credit Party in any Intellectual Property.

Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Loan Party in any Intellectual Property.

Intellectual Property Asset means any intellectual property right in intangible assets, including but not limited to copyright, patents, trade marks, brand, and technical know-how, from which identifiable income accrues to the business (such income being separately identifiable from any income generated from any tangible asset in which the right subsists);

Examples of Intellectual Property Asset in a sentence

• No employee, director, officer or shareholder of Priveco owns directly or indirectly in whole or in part, any Intellectual Property Asset which Priveco is presently using or which is necessary for the conduct of its business.

• No employee, director, officer or shareholder of Priveco or any of its subsidiaries owns directly or indirectly in whole or in part, any Intellectual Property Asset which Priveco or any of its subsidiaries is presently using or which is necessary for the conduct of its business.

• Each Intellectual Property Asset owned or used by Seller immediately prior to the Closing Date will be owned or available for use by Buyer on identical terms and conditions immediately subsequent to the Closing Date hereunder.

• No Acquired Company is bound by, and none of the owned Intellectual Property Assets is subject to, any Contract that in any way limits or restricts the ability of any Acquired Company to use, exploit, assert, or enforce any such Intellectual Property Asset anywhere in the world.

• Each Intellectual Property Asset owned or used by the Company immediately prior to the Closing Date will be owned or available for use by Buyer on identical terms and conditions immediately subsequent to the Closing Date hereunder.

More Definitions of Intellectual Property Asset

Intellectual Property Asset means an intellectual property right including a copyright, design right, patent and trademark;

Intellectual Property Asset. (“IPA”) means any invention, work of authorship, designation, design, formulation, formula, materials, data, know-how, idea, Patent Asset, copyright, software, firmware, algorithm, trademark, tradename, trade secret, domain name, mask work, original document or compilation, or other intellectual property including but not limited to all related alterations, improvements, modifications, revisions, adaptations, translations, enhancements or other derivative works thereto. “Patent Asset” means a patent application filed in any jurisdiction, together with any patent application claiming priority thereto (including but not limited to continuation, divisional, substitution, or national phase and validation applications claiming priority thereto; provided that, in the case of a continuation-in-part patent application, only with respect to a patent issued thereon and only to the extent that the claims in that issued patent are supported in the application(s) to which priority is claimed), and patents issuing on said patent application or patent applications claiming priority thereto (where issued patents include without limitation registrations, reissues, reexaminations and extensions).

Intellectual Property Asset has the meaning set forth in Section 4.12(a).

Intellectual Property Asset. (“IPA”) means any invention, work of authorship, designation, design, formulation, formula, materials, data, Patent Asset, copyright, software, firmware, algorithm, mask work, original document or compilation,

Intellectual Property Asset. Intellectual Property Asset" means:

Intellectual Property Asset as defined in Section 3.6. “IRS”—the United States Internal Revenue Service or any successor agency, and, to the extent relevant, the United States Department of the Treasury. “Know How” - any and all business information, technical data, processes or trade secrets, including any improvements thereto, in any form in which the foregoing may exist, owned exclusively by Security Grade prior to the date of this Agreement.

Intellectual Property Asset means a licensing agreement or other Contract with respect to patents, trademarks, copyrights, or other intellectual property.