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Seller Licensed IP definition

Seller Licensed IP means Intellectual Property (other than Patents, Marks and Internet Properties) that are (a) owned by Seller or a Seller Subsidiary as of the Closing Date, (b) not included in Acquired Intellectual Property, and (c) practiced, used or exploited by, or absent a license thereto or ownership thereof, would be infringed by, the Business as of the Closing Date.
Seller Licensed IP has the meaning specified in Section 4.14(a).
Seller Licensed IP means the Intellectual Property to be licensed to Buyer or any of its Affiliates by Seller or any ofits Affiliates pursuant to this Agreement or any Ancillary IP Agreement.

Examples of Seller Licensed IP in a sentence

  • The certification set forth below is being submitted in connection with the Annual Report of International Paper Company (the “Company”) on Form 10-K for the period ended December 31, 2012 for the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 1350 of Chapter 63 of Title 18 of the United States Code.

  • Notwithstanding the foregoing, any confidentiality provisions in the Intellectual Property License Agreement shall supercede the provisions of the Confidentiality Agreement with respect to the Seller Licensed IP that is the subject of such Intellectual Property License Agreement.

  • New scientific theories often lead to a revision of concepts such as the recent change in the definition of ‘planet’.

  • Effective as of the Closing, and subject to the provisions hereof, Seller and the Seller Subsidiaries hereby grant, and agree to grant, to Purchaser and its Subsidiaries a worldwide, irrevocable, perpetual, non-exclusive, fully paid-up, transferable, and sublicensable (subject to Section 5.22(c)) license in, to and under the Seller Licensed IP to use and exploit the same in connection with the current and future operation of the Business in any field.

  • For clarity, this license covers any Seller Licensed IP in existence as of the Closing Date, but does not cover any Intellectual Property that arises, is created or acquired after the Closing Date.


More Definitions of Seller Licensed IP

Seller Licensed IP has the meaning given to it in paragraph 14.2 of Schedule 7 (Seller’s Warranties).
Seller Licensed IP means any Patent Rights and Know-How (other than the Transferred Intellectual Property), in each case to the extent (a) existing as of the Closing Date, (b) Licensable by Seller Parent or any of its controlled Affiliates as of the Closing Date and (c) Covering any MRT Compound used in the MRT Program as of the Closing Date; provided that, Seller Licensed IP excludes all CFFT IP.
Seller Licensed IP is defined in Section 3.16(b).
Seller Licensed IP has the meaning set forth in the Intellectual Property License Agreement.
Seller Licensed IP means all Intellectual Property Rights (other than Patents, Trademarks and Internet Properties) that are (a) owned by Seller or its Subsidiaries as of the Closing Date, (b) embodied in or practiced by any Purchased Assets, and (c) practiced, used or exploited by, or absent a license thereto or ownership thereof, would be infringed by, the Business as of the Closing Date.
Seller Licensed IP means the IP of Parent that is licensed to the Company pursuant to the Intellectual Property License Agreement.
Seller Licensed IP has the meaning set forth in Section 7.13(b).