Licensed Intellectual Property definition

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 Intellectual Property means Intellectual Property licensed to the Company pursuant to the Company IP Agreements.

Licensed Intellectual Property means any and all Intellectual Property owned by a third party and licensed or sublicensed (or purported to be licensed or sublicensed) to either the Company or any of its Subsidiaries or for which the Company or any of its Subsidiaries has obtained a covenant not to be sued.

Examples of Licensed Intellectual Property in a sentence

• The Borrower will not transfer any part of its ownership interest in any Intellectual Property Rights and will not permit any agreement under which it has licensed Licensed Intellectual Property to lapse, except that the Borrower may transfer such rights or permit such agreements to lapse if it shall have reasonably determined that the applicable Intellectual Property Rights are no longer useful in its business.

• Except for Off-the-shelf Software and as disclosed on Schedule 5.11, the Owned Intellectual Property and the Licensed Intellectual Property constitute all Intellectual Property Rights used or necessary to conduct the Borrower’s business as it is presently conducted or as the Borrower reasonably foresees conducting it.

• No Person has infringed, misappropriated or otherwise violated any Company Intellectual Property or Licensed Intellectual Property.

• The Company is not subject to any outstanding or prospective Governmental Order (including any motion or petition therefor) that does or could reasonably be expected to restrict or impair the use of any Company Intellectual Property or Licensed Intellectual Property.

• Seller is not subject to any outstanding or prospective Governmental Order (including any motion or petition therefor) that does or could reasonably be expected to restrict or impair the use of any Intellectual Property Assets or Licensed Intellectual Property.

More Definitions of Licensed Intellectual Property

Licensed Intellectual Property has the meaning set forth in Section 3.12(a).

Licensed Intellectual Property has the meaning given in Section 5.11(c).

Licensed Intellectual Property means the Licensed Know-How and the Licensed Patents.

Licensed Intellectual Property shall have the meaning assigned to such term in Section 4.9(a).

Licensed Intellectual Property means, with respect to any Person, the Intellectual Property owned by third persons that is used in or necessary for the operation of the respective businesses of such Person and each of its Subsidiaries as presently conducted.

Licensed Intellectual Property has the meaning provided in Section 2.18(a).

Licensed Intellectual Property means all Intellectual Property used in connection with the Business that is licensed to the Company.