Examples of Licensed IP Contract in a sentence
Subject to bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting or relating to creditors’ rights generally, each Licensed IP Contract is valid, binding and in full force and effect with respect to Seller or the relevant Selling Affiliate and, to the knowledge of Seller, the other party thereto.
Neither Seller nor the relevant Selling Affiliate is in material default under any Licensed IP Contract and to the knowledge of Seller, as of the date of this Agreement, none of the other parties to any Licensed IP Contract is in material default thereunder.
There are no outstanding amounts due or disagreements with respect to any Licensed IP Contract.
Neither the Company nor any of its Subsidiaries or, to the Knowledge of the Company, any other Person, is in breach of any Licensed IP Contract.
This prevents, not the monetization of fiscal deficits, but the moral hazard-bearing “debt-service pass-through.”We discuss in Appendix A how the Mundell-Fleming con sistency rules, whether observed in compliance or in breach, impacted on the fates of previous international monetary arrangements.