Examples of Owned Intellectual Property Assets in a sentence
Except as specified in Section 3.15(i) of the Disclosure Schedule, the Company or a Seller Subsidiary is in actual and sole possession of the source code of the Product Software that constitutes a Product Owned Intellectual Property Assets.
The consummation of the transactions contemplated by this Agreement will not result in the termination or impairment of any of the Owned Intellectual Property Assets.
To the Knowledge of Seller, no Person is using any Patents, Copyrights, Trademarks, service marks, trade names, trade secrets or similar property that are confusingly similar to the Owned Intellectual Property Assets or that infringe upon the Owned Intellectual Property Assets or upon the rights of the Company or any Subsidiary therein.
Subject to the terms of the Outbound Intellectual Property Licenses, Seller exclusively owns the entire right, title and interest in and to the Owned Intellectual Property Assets free and clear of all rights, licenses, restrictions and Encumbrances (other than Permitted Encumbrances) and has the valid right to use the Other Intellectual Property Assets subject to existing Inbound Intellectual Property Licenses.
BC Newco does not have any Owned Intellectual Property Registrations of Owned Intellectual Property Assets.
Fxxxx does not have any Owned Intellectual Property Registrations of Owned Intellectual Property Assets.
Each item of the Owned Intellectual Property Assets registered with a Governmental Body is valid and subsisting, and all necessary registration, maintenance and renewal fees in connection with such Owned Intellectual Property Assets have been paid and all necessary documents and articles in connection with such Owned Intellectual Property Assets have been filed with the relevant Governmental Bodies.
Except as disclosed in Section 3.20(b) of the Disclosure Schedule, none of Seller, the Company nor any Subsidiary has granted any license or other right to any other Person with respect to the Owned Intellectual Property Assets.
At Closing, Seller will transfer and convey to Buyer all right, title and interest in and to the Owned Intellectual Property Assets and Intellectual Property Licenses free and clear of any transfer or assignment fees or obligations owing to a third Person and all Encumbrances, other than Permitted Encumbrances.
Nevada Holdco does not have any Owned Intellectual Property Registrations of Owned Intellectual Property Assets.