Examples of Material Intellectual Property Rights in a sentence
The Material Intellectual Property Rights include all the registered intellectual property rights which the Target Group Companies need to carry on the Target Group Companies' businesses as currently conducted.
To the Seller's Knowledge, and excluding the IP License Agreements, no exclusive licenses of any Material Intellectual Property Rights owned by the Target Companies have been granted to any third party (other than customers, developers or similar partners in the ordinary course of business).
To the Seller's Knowledge, none of such Material Intellectual Property Rights has been infringed or violated by any third party where such infringement has a Material Adverse Effect.
To Sellers Knowledge, the Material Intellectual Property Rights owned by the Target Group Companies have been duly maintained in all material respects and there are no challenges thereto by any third party (including, without limitation, registration authorities) which have a Material Adverse Effect.
The consummation of the transactions contemplated under this Agreement will not result in a loss or impairment of the right to own or use any of the Material Intellectual Property Rights, Information Technology and / or Know-How in such a manner as to have a Material Adverse Effect.