Licensed Securitization IP means (a) the portion of the Closing Date Securitization IP that is held or used by EWC Ventures, the Holding Company Guarantor, the Master Issuer, or the Franchisor as of the Closing Date pursuant to any license or grant to such foregoing Person or any similar arrangement with respect thereto; and (b) the portion of After-Acquired Securitization IP that, after the Closing Date, will be held or used by Franchisor pursuant to any license or grant to such foregoing Person or any similar arrangement with respect thereto.
Licensed Securitization IP means (a) the portion of the Closing Date Securitization IP that is held or used by Planet Fitness Holdings, the Holding Company Guarantor, the Master Issuer, or the Franchisor as of the Initial Closing Date pursuant to license or similar arrangement; and (b) the portion of After-Acquired Securitization IP that, after the Initial Closing Date, is held or used by Franchisor pursuant to license or similar arrangement. “Licensee-Developed IP” means all Intellectual Property (other than Excluded IP) created, developed, authored, acquired or owned by or on behalf of any licensee under any IP License Agreement or Franchise Agreement related to (i) the Planet Fitness Brand, (ii) products or services sold or distributed under the Planet Fitness Brand, (iii) Stores, (iv) the Planet Fitness
Licensed Securitization IP means (a) the portion of the Closing Date Securitization IP that is held or used by Xxxx in the Box Inc., Xxxx in the Box Eastern Division L.P., the Holding Company Guarantor, the Master Issuer, JIB Properties, Xxxx in the Box Foundation or JIB Stored Value Cards, LLC as of the Closing Date pursuant to license or similar arrangement; and (b) the portion of After-Acquired Securitization IP that, after the Closing Date, will be held or used by such parties pursuant to a license or similar arrangement. ANNEX A -26
Examples of Licensed Securitization IP in a sentence
The Franchisor is the sole and exclusive owner of all right, title, and interest in and to Owned Securitization IP and has a valid right to use the Licensed Securitization IP, free and clear of all Liens, encumbrances, set-offs, defenses and counterclaims of whatsoever kind or nature, other than the Permitted Liens (including the IP License Agreements and licenses permitted pursuant to Section 8.16 ).
More Definitions of Licensed Securitization IP
Licensed Securitization IP means (a) the portion of the Closing Date Securitization IP that is held or used by Jack in the Box Inc., Jack in the Box Eastern Division L.P., the Holding Company Guarantor, the Master Issuer, JIB Properties, Jack in the Box Foundation or JIB Stored Value Cards, LLC as of the Closing Date pursuant to license or similar arrangement; and (b) the portion of After-Acquired Securitization IP that, after the Closing Date, will be held or used by such parties pursuant to a license or similar arrangement.