Examples of IP Holdco in a sentence
Manager hereby acknowledges that it has no right, title or interest in or to the Subsidiary-Owned IP and any confidential or non-public Subsidiary-Owned IP shall be treated in all respects as proprietary information of IP Holdco consistent with Manager’s obligations in respect of the Owned IP and Licensed IP generally.
The Parties hereby agree that IP Holdco shall be an express third-party beneficiary under this Agreement, and the rights of Licensor hereunder shall accordingly inure to the benefit of IP Holdco.
No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither IP Holdco, the Borrower nor any Subsidiary thereof is liable to any Person for infringement under applicable Law with respect to any such rights as a result of its business operations.
Possible options include reviewing reduced VAT rates and their product scope, redesigning environmental taxation and subsidies to promote the green transition, redesigning inheritance and gift taxes, and reconsidering property taxes on owner- occupied properties (12).
The Borrower and IP Holdco have not received any notice of any slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by the Borrower or any Subsidiary that infringes upon any rights held by any other Person.