Transferred Intellectual Property definition
Examples of Transferred Intellectual Property in a sentence
All Intellectual Property of the Seller Group other than Transferred Intellectual Property, including, without limitation, the Seller Retained Trademarks.
Subject to Section 2.04, the Purchaser or its Affiliate(s) will exclusively own, free and clear of all Liens (other than Permitted Liens), all right, title, and interest in and to all Transferred Intellectual Property immediately after the Closing Date.
Except as set forth in Section 4.14(a) of the Disclosure Letter, no Governmental Authority or university has sponsored any research or development conducted by a Seller Entity or other Subsidiary of Seller with respect to the Transferred Intellectual Property, or has any claim of right or ownership of or Lien on any Transferred Intellectual Property.
Except as set forth in Section 4.14(a) of the Disclosure Letter, no Seller Entity or other Subsidiary of Seller has sought, applied for or received any funding, resources or assistance from any Governmental Authority or university in connection with, or for the development or creation of any Transferred Intellectual Property.
After the Closing, other than the licenses and services to be provided by Purchaser to any Seller Entity through any Transaction Document, no Transferred Intellectual Property shall be used in the conduct of the Retained Businesses and no member of the Seller Group shall own or be the licensee of any Transferred Intellectual Property used in the conduct of the Business.