Owned Business Intellectual Property means all Business Intellectual Property that is owned by a Seller, any Affiliate of a Seller, including any Purchased Company or any Subsidiary of a Purchased Company.

Owned Business Intellectual Property shall have the meaning set forth in Section 3.28(e).

Owned Business Intellectual Property means Business Intellectual Property that is either (a) owned by a Target, or (b) owned by a Seller or one of its Affiliates and included in the Transferred Assets.

Examples of Owned Business Intellectual Property in a sentence

Business Subsidiaries, to the extent permitted under applicable Law, all of their rights in and to such Owned Business Intellectual Property, or Seller and the Business Subsidiaries own all such Owned Business Intellectual Property pursuant to applicable Law.
To the Knowledge of Seller, except as would not, individually or in the aggregate, reasonably be expected to have a Business Material Adverse Effect, Seller (to the extent related to the Business) or one of the Business Subsidiaries exclusively owns the Owned Business Intellectual Property.

More Definitions of Owned Business Intellectual Property

Owned Business Intellectual Property means Business Intellectual Property that is either (a) owned by a Target and is not included in the Excluded Assets, or (b) owned by a Seller or one of its Affiliates and included in the Transferred Assets, and for the avoidance of doubt excludes any Business Intellectual Property that is owned or controlled by a third party.

Owned Business Intellectual Property means all Business Intellectual Property owned by one or more of the Seller Entities.

Owned Business Intellectual Property means (i) the Specified Brands and (ii) the Patents, Copyrights and Trade Secrets owned by either Seller or its affiliates and relating solely to and used solely in the operation of the Business; provided, however, that the term “Owned Business Intellectual Property” shall not include Computer Hardware, Computer Software or Data, the parties intending that such items be governed exclusively by the provisions of this Agreement addressing information technology, it being understood however that, notwithstanding anything to the contrary herein, any transfer, assignment or license of Computer Software, Computer Hardware or Data hereunder or under any Ancillary Document shall automatically include (subject to the co-ownership provisions of Section 5.12(c) and (d), as applicable) the transfer, assignment or license, as applicable, of any Patents, Copyrights, Trade Secrets and other intellectual property rights appurtenant thereto that are owned by either Seller or its affiliates, without further action required on the part of Sellers or Purchaser or their respective affiliates, and without further obligation on the part of Purchaser or its affiliates except as may be specified in the provisions of this Agreement addressing information technology.

Owned Business Intellectual Property means all Business Intellectual Property owned by the Company or any Company Subsidiary. “Parachute Payments” has the meaning set forth in S ection 6.16.

Owned Business Intellectual Property means Business Intellectual Property that is either (a) wholly-owned by the Company or a Transferred Subsidiary (individually, or collectively with the Company or a Transferred Subsidiary, as the case may be) and is not included in the Excluded Assets, or(b) wholly-owned by Parent, the Seller or one of their Controlled Affiliates (individually, or collectively with Parent, the Seller or one of their Controlled Affiliates, as the case may be) and included in the Transferred Assets. For the avoidance of doubt, “Owned Business Intellectual Property” excludes any Business Intellectual Property that is owned or controlled by a non-affiliated third party.