Examples of Specified Intellectual Property in a sentence
The Specified Intellectual Property comprise all of the material Intellectual Property reasonably necessary for or used in the conduct of the Casino Business as presently conducted, as of the Measurement Date.
Since January 1, 2003, to the ACE Selling Parties’ knowledge, none of the Specified Intellectual Property has been subject to any outstanding ruling, decree, judgment, stipulation or other order by or with any court, arbitrator or administrative agency, or has been the subject of any litigation.
In addition, Varian hereby irrevocably transfers and assigns to IB, effective as of the Effective Time, joint ownership of all rights, title and/or interest in the Specified Intellectual Property, an exclusive description of which is set forth in Schedule 2.02(d), subject to the provisions of Section 2.07 below.
If a Designated Party decides to abandon its rights in certain Residual Intellectual Property or Specified Intellectual Property for which it has administrative responsibility, such Designated Party shall provide the other parties with written notice of its decision at least sixty (60) days prior to the due date of any cost or fee, and the remaining parties shall confer to determine and thereafter designate the new Designated Party.
It is anticipated that there will be approximately 25-35 hours of training over the course of the first year.