Parent IP Rights definition

Parent IP Rights means all Intellectual Property owned by, licensed to, or controlled by Parent that is necessary for or used in the business of Parent as presently conducted.

Parent IP Rights mean all IP Rights of the Parent or its Subsidiaries.

Parent IP Rights means (A) any and all Intellectual Property used (or held for use) in the conduct of the business of Parent or its Subsidiaries or practiced by Parent or its Subsidiaries, and (B) any and all Parent-Owned IP Rights.

Examples of Parent IP Rights in a sentence

• To the Knowledge of Parent, no employee of Parent is (a) bound by or otherwise subject to any Contract restricting him or her from performing his or her duties for Parent or (b) in breach of any Contract with any former employer or other Person concerning Parent IP Rights purported to be owned by Parent or confidentiality provisions protecting Trade Secrets and confidential information comprising Parent IP Rights purported to be owned by Parent.

• To the Knowledge of Parent, no third party is infringing upon any Parent IP Rights or violating any license or agreement between Parent and such third party, and Parent has not sent any written communication to or asserted or threatened in writing any action or claim against any Person involving or relating to the infringement or misappropriation of any Parent IP Rights.

• Neither Parent nor any Parent Subsidiary has received any written demand, claim or notice from any Person in respect of the Parent IP Rights which challenges the validity of, or the rights of Parent or such Parent Subsidiary in, any such Parent IP Rights.

• There is no pending, or to the knowledge of Parent, threatened, claim or litigation contesting the validity, ownership or right of Parent or any of its Subsidiaries to exercise any Parent IP Right or which would reasonably be expected to result in the abandonment, cancellation or unenforceability of such Parent IP Rights, nor to the knowledge of Parent as of the Agreement Date, is there any legitimate basis for any such claim.

• Each item of Parent IP Rights that is Parent Registered IP is and at all times has been filed and maintained in compliance with all applicable Law and all filings, payments, and other actions required to be made or taken to maintain such item of Parent Registered IP in full force and effect have been made by the applicable deadline, except for any failure to perform any of the foregoing, individually or collectively, that would not reasonably be expected to be material to the Parent or its business.

More Definitions of Parent IP Rights

Parent IP Rights has the meaning set forth in Section 6.22(a).

Parent IP Rights means all Intellectual Property owned by or licensed to Parent that is necessary for or used in, and material to, the business of Parent as presently conducted.

Parent IP Rights means Parent Licensed IP Rights and Parent Owned IP Rights.

Parent IP Rights shall have the meaning set forth in Section 3.8 of this ---------------- Agreement.

Parent IP Rights means all IP Rights owned solely or co-owned by Parent or its Subsidiaries, or in which Parent or its Subsidiaries has any right, title or interest, including any IP Rights applied for by, issued to, or registered in the name of Parent or any of its Subsidiaries.

Parent IP Rights. Exhibit A

Parent IP Rights mean all IP Rights related to the AIR001 Program owned solely or co-owned by Parent or in which Parent has any right, title or interest.