Examples of Required Intellectual Property in a sentence
The Required Intellectual Property is owned or licensed by the Company free and clear of any Encumbrance.
The Company has not granted to any other person any license to use any Required Intellectual Property.
The Company owns or possesses licenses to use all Intellectual Property that is either material to the business of the Company or that is necessary for the rendering of any services rendered by the Company and the use or sale of any equipment or products used or sold by the Company, including all such Intellectual Property listed in Schedule 2.1.8 hereto (the "Required Intellectual Property").
The Company has not received any notice of infringement, misappropriation, or conflict with, the Intellectual Property rights of others in connection with the use by the Company of the Required Intellectual Property or otherwise in connection with the Company's operation of its business.
OptiCare or one of its Subsidiaries is the legal and beneficial owner of all right, title and interest in and to the Required Intellectual Property, having good title thereto, free and clear of any and all mortgages, liens, security interests and charges, and no other Person has or shall have any ownership interest with respect to the Required Intellectual Property.
The Company and its Subsidiaries have taken all reasonably necessary actions to maintain and protect the Required Intellectual Property.
All Required Intellectual Property is valid, enforceable and in good standing.
There have been no claims made within the five years immediately preceding the Closing Date (whether currently pending or resolved) against the Company or any of its Subsidiaries asserting the invalidity, misuse or unenforceability of any Required Intellectual Property and, to the Knowledge of the Company, there are no grounds for any of the foregoing.
Neither the ownership or use of the Required Intellectual Property nor the operation of the Business has infringed, misappropriated or conflicted with in any material respect and does not infringe, misappropriate or conflict with in any material respect any Intellectual Property of any other Person.
The Borrower shall carry out, or cause to be carried out, Parts A and C of the Project in accordance with the procedures set out in the Project Implementation Plan, and, except as the Association shall otherwise agree, the Borrower shall not amend, abrogate or waive any provision thereof which, in the opinion of the Association, may materially and adversely affect the carrying out of the Project.