Licensed Business IP definition

Licensed Business IP means any and all Intellectual Property that Seller or any of its Affiliates is licensed or otherwise permitted by other Persons to use pursuant to the Business IP Agreements.
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Licensed Business IP means Business IP other than Owned Business IP; and
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Licensed Business IP means all Intellectual Property Rights licensed or sublicensed to Buyer or its Affiliates under the IP License Agreement or any other ancillary agreement hereunder. “Licensed Registered IP” shall have the meaning set forth in Section 3.18(a)(ii). “Lien” shall mean any mortgage, lien, pledge, charge, claim, security interest or similar encumbrance. “Local Agreements” shall have the meaning set forth in Section 1.5(a). “Losses” means any losses, damages, Liabilities, judgments, settlements, interest awards, penalties, fines, costs and expenses (including reasonable and documented attorneys’ fees), in each case, to the extent actually incurred by or awarded against an Indemnified Party. “Material Adverse Effect” means any event, circumstance, development, change, effect or occurrence that, individually or in the aggregate, (i) is or would reasonably expected to be materially adverse to the condition (financial or otherwise), assets, properties or results of
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Examples of Licensed Business IP in a sentence

  • Unless otherwise listed as “abandoned” or “expired” in Section 2.12(a) of the Disclosure Schedule, the Designated Intellectual Property (except for Designated Intellectual Property that is licensed to (and not owned by) an IP Holder and does not constitute Owned-or-Exclusively Licensed Business IP) is subsisting and (except for pending applications) valid and enforceable.

  • Seller and each Seller Affiliate has a valid license to use the Licensed Business IP, subject only to the terms of the Business IP Agreements.

  • Neither entering into, nor compliance with, nor completion of this Agreement will, or is likely to result in a breach of, or give any third party a right to terminate or vary any licence to use any Licensed Business IP.

  • Neither the Business nor the Purchased Assets nor Licensed Business IP are, nor since January 1, 2010 have they been, subject to any award, judgment, decree or Governmental Order of any court.

  • The Transferred IP and Licensed Business IP are all of the Intellectual Property necessary to operate the Business as presently conducted.

  • Except as described in Section 5.4 of the Disclosure Schedule, the conduct of the Company, processes employed and the services dealt in by the Company and the use of all Licensed Business IP and the creation of all Owned Business IP, both now and at any time in the past do not and did not use, embody or infringe any rights or interests of third parties in Intellectual Property and no claims of infringement of any such rights or interests have been made by any third party.

  • All Licensed Business IP is subsisting and enforceable in accordance with its terms.

  • As of and following the Closing, Seller’s rights in Licensed Business IP shall be enforceable by Buyer in accordance with its terms.

  • The Licensed Business IP is subject to valid and enforceable written licence agreements that are valid and enforceable against the Company and valid and enforceable against all other parties thereto.

  • Each such Licensed Business IP Contract has been made available to Buyer.


More Definitions of Licensed Business IP

Licensed Business IP means all Intellectual Property Rights licensed to Seller from a third-party that are included within the Assets, as set forth on Schedule 1.1(a) of the Disclosure Schedules.
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Licensed Business IP means all Intellectual Property (other than Trademarks) and Information that is (x) owned as of the Operative Date (taking into account the transactions contemplated by this Agreement) by any member of the Flex Group and (y) related to, used or held for use in, or necessary for the conduct of the Nextracker Business.
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Licensed Business IP shall have the meaning set forth in Section 5.11(b).
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Related to Licensed Business IP

  • Licensed Business means the activities connected with the conveyance of

  • Business IP means Intellectual Property Rights that are used in and material to the Acquired Business as currently conducted and as currently proposed to be conducted.

  • Licensed IP means the Licensed Patents and the Licensed Know-How.

  • Third Party Technology means all Intellectual Property and products owned by third parties and licensed pursuant to Third Party Licenses.

  • Licensor Technology means the Licensor Patents, the Licensor Know-How, Licensor Materials, and Non-Patent Rights Controlled by Licensor or its Affiliates embodied in Licensor Know-How or Licensor Materials.

  • Licensed Technology means the Licensed Patents and the Licensed Know-How.

  • Licensed Intellectual Property means all Intellectual Property in which the Company holds any rights or interests granted by other Persons, including Seller or any of its Affiliates.

  • Licensed Know-How means any and all unpatented and/or non-patentable technical data, documents, materials, samples and other information and know‐how that is Controlled by LICENSOR or any of its Affiliates as of the Effective Date or thereafter during the Term that relates to, or is otherwise reasonably necessary or reasonably useful for, the use, Development, manufacture, or Commercialization of the Product. Licensed Know-How shall not include Licensed Patents.

  • Customer Technology means Customer's proprietary technology, including Customer's Internet operations design, content, software tools, hardware designs, algorithms, software (in source and object forms), user interface designs, architecture, class libraries, objects and documentation (both printed and electronic), know-how, trade secrets and any related intellectual property rights throughout the world (whether owned by Customer or licensed to Customer from a third party) and also including any derivatives, improvements, enhancements or extensions of Customer Technology conceived, reduced to practice, or developed during the term of this Agreement by Customer.

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Company Products means all products or services produced, marketed, licensed, sold, distributed or performed by or on behalf of the Company or any Subsidiary and all products or services currently under development by the Company or any Subsidiary.

  • Company Licensed Intellectual Property means Intellectual Property Rights owned by any Person (other than a Group Company) that is licensed to any Group Company.

  • Licensed Material means the artistic or literary work, database, or other material to which the Licensor applied this Public License.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Licensed Intellectual Property Rights means any Intellectual Property Rights owned by a third party that a Person has a right to use, exploit or practice by virtue of a license grant, immunity from Legal Action or otherwise.

  • SAP Technology Solution(s means SAP NetWeaver Foundation for Third Party Applications, SAP Business Technology Platform (excluding when used solely as a Connectivity App between an SAP Application and ERP), SAP Signavio Solutions and SAP Process Insights (including any renamed, prior and/or successor versions of any of the foregoing made generally available by SAP if any but excluding when any of the foregoing are used as a User Interface for ERP.

  • Qualified high-technology business means a business that is either of the following:

  • Developed IP means any Intellectual Property Rights that are conceived or reduced to practice, or otherwise created or developed, by or on behalf of a Party, its Affiliates or sublicensees, alone or together with one or more Third Parties, during the Term in connection with the Development, Manufacture, or use of the Compound or any Product.

  • Company Licensed IP means all Intellectual Property rights owned or purported to be owned by a third party and licensed to the Company or any Company Subsidiary or to which the Company or any Company Subsidiary otherwise has a right to use.

  • Proprietary product means a manufactured component or other product that is produced by a private person. It may be protected by patent, trademark or copyright.

  • Developed Technology means any Technology including, without limitation, any enhancements, substitutions or improvements to the Core Technology that is (a) discovered, developed or otherwise acquired by DURA pursuant to the terms of the Development Agreement or (b) otherwise acquired by or on behalf of Xxxxxx Corp. II during the term of the Development Agreement.

  • Licensed Software includes error corrections, upgrades, enhancements or new releases, and any deliverables due under a maintenance or service contract (e.g., patches, fixes, PTFs, programs, code or data conversion, or custom programming).

  • Excluded Technology means the Technology listed on Exhibit C.

  • Company Product means each product or product candidate that is being researched, tested, developed, commercialized, manufactured, sold or distributed by or on behalf of the Company or any of its Subsidiaries.

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

  • Intellectual Property Rights (IPR) (11/18) means any patent rights, copyrights, trade secrets, trade names, service marks, trademarks, trade dress, moral rights, know-how and any other similar rights or intangible assets to which rights of ownership accrue, and all registrations, applications, disclosures, renewals, extensions, continuations, or reissues of the foregoing now or hereafter in force. “Key Personnel” (11/18) means the specific individuals identified in Section 3.11 to fill Key Positions.