IP Holdco definition
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.
It is redundant to existing requirements because every subdivision proposal must show that each lot contains a suitable building envelope and because conformity to the setback requirements in the Zoning Regulations is already mandatory—no matter the lot depth, the Zoning Regulations require the same setbacks.
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.
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.