IP Closing definition

IP Closing has the meaning set forth in Section 3.2(b)(ii).
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IP Closing means (i) the purchase and sale of the Seller Names and other Intellectual Property, and (ii) the delivery of the Base Purchase Price.
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IP Closing means the closing of the sale and purchase of the Trademarks, IP Shares and the Unregistered IP hereunder.
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Examples of IP Closing in a sentence

  • The Purchaser has, or will have as of each Closing, the financial capability and all sufficient funds on hand or existing financing commitments available in order to consummate the transactions contemplated in this Agreement, on the terms contained herein, and will have all such capability and funds on the IP Closing Date and/or the Final Closing Date.

  • Upon the selection of the third arbitrator, the arbitration tribunal will be constituted, and the third arbitrator will act as Chairman of the tribunal.

  • The Seller hereby makes the representations and warranties in this Article V to the Purchaser as of the Execution Date, as of the IP Closing Date and as of the Final Closing Date (except with respect to representations and warranties made as of a particular date, which shall be deemed to be made only as of such date), except as qualified or supplemented by Sections in the Seller Disclosure Schedule attached hereto (the “Seller Disclosure Schedule”).

  • Subject to the terms and conditions of this Agreement, at the closing of the license of the Intangible Assets (the "IP Closing"), Hyundai will grant to DVS a perpetual, worldwide, royalty-free license to use the Intangible Assets other than the Three Patents as defined hereinbelow, and DVS will license the Intangible Assets other than the Three Patents from Hyundai for 2,000,000 shares of common stock of DVS (the "Common Stock").

  • Each item of Proprietary Technology owned by Hyundai for or in connection with the DVD-ROM Business immediately prior to the IP Closing Date will be subject to an exclusive license by DVS immediately subsequent to the IP Closing Date.

  • This obligation shall cease to apply to DVS upon the occurrence of later to occur of the IP Closing and the Asset Closing, provided however that confidential information concerning Hyundai's other businesses shall be kept confidential.

  • Provided that all required consents and approvals have been obtained and all applicable closing conditions have been met, the IP Closing and the Asset Closing may occur concurrently, but nothing herein shall require the Closings to occur concurrently.

  • Hyundai shall use its best efforts to ----------------------- facilitate the introduction of DVS to Matshushita prior to the earlier to occur of the IP Closing and the Asset Closing, and to ensure the continuity of Hyundai's current relationship with Matshushita with respect to the DVD-ROM Business following its acquisition by DVS.

  • Purchaser shall assume title and risk of loss to the Sensor IP as of the Sensor IP Closing Date.

  • Hyundai shall provide DVS, no later than three business days prior to the earlier to occur of the IP Closing Date and the Asset Closing Date, a balance sheet as of April 30, 1998.

Related to IP Closing

  • Merger Closing means “Closing,” as that term is defined in the Merger Agreement.

  • Second Closing has the meaning set forth in Section 2.2.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • First Closing has the meaning set forth in Section 2.1(a).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Acquisition Closing Date means the “Closing Date” as defined in the Acquisition Agreement.

  • Closing has the meaning set forth in Section 2.2.

  • Second Closing Date means the date of the Second Closing.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • IPO Closing Date means the closing date of the IPO.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Final Closing means the last closing under the Private Placement;