Examples of Transferred Intellectual Property in a sentence
Within sixty (60) days of the Closing, (a) Seller shall delete or otherwise remove all Transferred Content from websites and social media accounts owned and controlled by Seller and its Subsidiaries and (b) Purchaser shall delete or otherwise remove all Content that is not Transferred Content or licensed under an Assigned Contract from websites and social media accounts included in the Transferred Intellectual Property.
Except as set forth in Section 4.12(b) of the Seller Disclosure Schedule, Seller has not granted to any Person any exclusive licenses or exclusive rights of any kind with respect to any material Transferred Intellectual Property.
Seller is not subject to any proceeding or outstanding order, settlement agreement or stipulation that materially restricts in any manner the use, provision, transfer, assignment or licensing of any material Transferred Intellectual Property by Seller or a Subsidiary Transferor.
Except as provided under this Section 6.05(b), and notwithstanding anything to the contrary in this Agreement or any use of the Trademarks included in the Transferred Intellectual Property by Seller and its Affiliates prior to the Closing, any and all rights of Seller and its Affiliates to use such Trademarks shall terminate as of the Closing.
All of the material Registered Transferred Intellectual Property is, except as disclosed, valid, subsisting and enforceable and have not been adjudged invalid or unenforceable, in whole or in part.