Examples of Material Company Intellectual Property in a sentence
To the Knowledge of the Company, all of the Material Company Intellectual Property is (A) valid, subsisting and enforceable and (B) not subject to any outstanding Order (excluding any administrative actions or proceedings before the United States Patent and Trademark Office or any foreign counterpart thereof) adversely affecting the Company’s or its Subsidiaries’ use thereof or rights in and to such Intellectual Property.
To the Knowledge of the Company, the Company or one of its Subsidiaries solely owns, free and clear of all Liens, other than Permitted Encumbrances, all right, title and interest in and to the Material Company Intellectual Property.
All of the Material Company Intellectual Property is valid, enforceable, unexpired, is free of Encumbrances, has not been abandoned and, to the knowledge of the Company, does not infringe or otherwise impair the Intellectual Property or other rights of any Person, except where any failure with respect to the foregoing would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
To the Knowledge of the Company, the Company or one of its Subsidiaries solely owns, licenses or otherwise has the right to use, free and clear of all Liens, other than Permitted Encumbrances, all right, title and interest in and to the Material Company Intellectual Property.
The Company and its Subsidiaries have not assigned or transferred ownership of, agreed to so assign or transfer ownership of, or granted or agreed to grant any exclusive license of or exclusive right to use, any Material Company Intellectual Property that is material to the Business as currently conducted.
The Company or a Subsidiary exclusively owns, free of all Liens (other than non-exclusive licenses and sublicenses granted in the ordinary course of business), all Material Company Intellectual Property and own or, to the Knowledge of the Company, possesses a valid and enforceable right to use, all other material Intellectual Property used in the business of the Company and its Subsidiaries as presently conducted.
The Company or one of its Subsidiaries owns, licenses or otherwise has the right to use, free and clear of all Encumbrances, other than Permitted Encumbrances, the Material Company Intellectual Property and Owned Intellectual Property.
The Parties acknowledge that the provisions of Articles 7.3.1 and 7.3.2. are reasonable and necessary to protect the legitimate interests of the Company, its Subsidiaries and the other Partners and that any violation of such provisions will result in damage to the Company, its Subsidiaries or the Partners for which relief and damages may be sought under the general principles of Belgian law.
Excepting the Intellectual Property owned or controlled by Parent and/or Merger Sub, the Company owns or has the defensible right to use, whether through ownership, licensing or otherwise, all Intellectual Property significant to the businesses of the Company and each Company Subsidiary in substantially the same manner as such businesses are conducted on the date hereof ("Material Company Intellectual Property").