Purchased IP definition

Purchased IP shall have the meaning set forth in Section 2.01(c).
Purchased IP means all Patents and Know-How Controlled by any of the Sellers that are exclusively related to the Compound or any Product, including, without limitation, the Patents set forth on Schedule 1.1(a).
Purchased IP has the meaning given to it in Section 4.13(b).

Examples of Purchased IP in a sentence

  • For all such registered Purchased IP, Schedule 2.20 lists (A) the jurisdiction where the application or registration is located, (B) the application or registration number, and (C) the application or registration date.

  • Schedule 2.20 sets forth a true, correct, and complete list of all Purchased IP for which a registration or application for patent, trademark, service mark or copyright has been filed with or issued by any governmental authority.

  • Sellers’ prior and current use of the Purchased IP has not and does not infringe, violate, dilute or misappropriate the Intellectual Property of any person or entity and there are no claims pending or threatened by any person or entity with respect to the ownership, validity, enforceability, effectiveness or use of the Purchased IP.

  • With respect to such registered Purchased IP, (i) all such Purchased IP is valid, subsisting and in full force and effect and (ii) Sellers have paid all maintenance fees and made all filings required to maintain Sellers’ ownership thereof.


More Definitions of Purchased IP

Purchased IP means all Purchased Owned IP and Purchased Licensed IP.
Purchased IP has the meaning set forth in Section 2.20.
Purchased IP shall have the meaning set forth in the Purchase Agreement.
Purchased IP means the CNS Intellectual Property that is primarily used in, and/or primarily relates to, the operations of the CNS Division, including without limitation the Unique Customer Software (as defined in the Customer Matters Agreement) and the Intellectual Property embodied therein.
Purchased IP means all Seller IP (excluding any Intellectual Property for which no tangible embodiments exist or which is solely embodied or possessed in the knowledge or know-how of an employee) primarily related to the use and operations of the Schedule Purchased Assets.
Purchased IP means the Purchased Patents and any other technology, R&D data, software, design and processing directly related to the Relevant Products.