Examples of Licensed Company IP in a sentence
The Company and its Subsidiaries exclusively own all right, title and interest in the Owned Company IP free and clear of all Liens and have a valid right to use all Licensed Company IP.
The Parent Parties hereby acknowledge and agree that, as between the Parties, the Company Parties are the sole and exclusive owners of all right, title and interest in and to the Licensed Company IP.
The consummation of the transactions contemplated by this Agreement and the other Transaction Documents will not result in the termination or impairment of any of the Owned IP, Licensed Company IP or Company Software, except in the event of any failure to obtain a consent listed on Section 3.6(b) of the Disclosure Schedules.
Neither the Company nor any of its Subsidiaries are subject to any judgment, order, writ, assessment, decision, injunction, decree or ruling of a Governmental Entity that restricts or impairs the use of any Owned Company IP or, to the Knowledge of the Company, any Licensed Company IP, other than restrictions or impairments that would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect.
Neither the Company nor any of its Subsidiaries has made any written or unwritten claim against any Person alleging any infringement, misappropriation, misuse, dilution or violation of any Owned Company IP, Exclusively Licensed Company IP or Company Offering.