Examples of IP Guarantor in a sentence
The Borrower and the IP Guarantor are not aware of any material infringement of the IP Guarantor’s rights under such Intellectual Property by other Persons.
The conduct and operations of the businesses of the IP Guarantor does not infringe, misappropriate, dilute or violate, in any material respect, any Intellectual Property rights held by any other Person.
The IP Guarantor possesses or has the right to use all Intellectual Property material to the conduct of its business, each of which is in good standing in all material respects; and has the right to use such Intellectual Property without violation of any material rights of others with respect thereto.
Comply in all material respects with all Applicable Laws (including, with respect to the Borrower and the IP Guarantor only, all Federal Cannabis Laws).
No Person has asserted any claim in respect of the validity of such Intellectual Property or the IP Guarantor’s rights therein, and the Borrower and the IP Guarantor are not aware of any basis for the assertion of any such claims.
No Person has asserted any claim in respect of the validity of such Intellectual Property or the IP Guarantor 's rights therein, and the Borrower and the IP Guarantor are not aware of any basis for the assertion of any such claims.
The Guarantor and the IP Guarantor are not in default of the IP Credit Documents to the extent that such default would reasonably be expected to have a Material Adverse Effect and none of the Guarantor, or to the best knowledge of the Guarantor, the IP Guarantor or any other party to any IP Credit Document is in default of the IP Credit Documents to the extent that such default would reasonably be expected to have a Material Adverse Effect.
In the case of the IP Guarantor, directly or indirectly, sell, transfer, assign, lease or otherwise Dispose of any of any material party of its Intellectual Property which is the subject of the IP Security Agreement.
Comply in all material respects with all Applicable Laws (including, with respect to the Borrower and the IP Guarantor only, all Federal Cannabis Laws).
In the case of the Borrower and the IP Guarantor, pay or cause to be paid all Obligations and other amounts payable under the Credit Documents with any property or proceeds of any property that was obtained or derived directly or indirectly: (x) as a result of an act or omission anywhere that, if it had occurred in Canada, would have constituted a designated offence (as defined in section 462.31(1) of the Criminal Code); or(y) in contravention of any Federal Cannabis Law.