Purchased Technology definition
Examples of Purchased Technology in a sentence
The Purchased Technology includes, in the aggregate, all material Technology that is exclusively related to the Business.
Xxx Xxxx and Xxxxxx Xxx Xxxxxxxxx have agreed to provide consulting services to WWC for a period of not to exceed six months for purposes of transitioning manufacturing and marketing efforts directed to the Purchased Technology.
The Purchased Registered Intellectual Property Rights and the Purchased Technology listed on Schedule 1.1(c) and the Licensed IP Assets listed in the schedules to the Intellectual Property License Agreements in the aggregate include substantially all material Intellectual Property Rights and Technology that is both necessary to the operation of the Business and exclusively or primarily related to the Business.
The Purchased Technology listed on Schedule 1.1(c) in the aggregate includes substantially all Technology that is both material to the operation of the Business and exclusively related to the Business.
None of Seller or any of its Subsidiaries has any duty or obligation (whether present, contingent or otherwise) to deliver, license or make available the Source Code for any Purchased Technology to any escrow agent or other Person as a result of the consummation of this Agreement.