Transferred IP Agreements definition
Examples of Transferred IP Agreements in a sentence
Discovery or one or more of its Subsidiaries has good and marketable title to, or, in the case of leased FoundryCo Assets, valid and subsisting leasehold interests in, all the FoundryCo Assets (other than Intellectual Property and Transferred IP Agreements which are covered in Section 4.14), free and clear of all Encumbrances, except Permitted Encumbrances.
Section 3.08(a)(ii) of the Disclosure Schedule sets forth a list of the Transferred IP Agreements.
None of the Seller or its Affiliates is in material default in the performance, observance or fulfillment of any obligation, covenant or condition contained in any of the Transferred IP Agreements, and, to the knowledge of the Seller, no other party is in default in the performance, observance or fulfillment of any obligation, covenant or condition contained in any of the Transferred IP Agreements.
Except as set forth in Section 3.08(f) of the Disclosure Schedule, none of the TSIC Entities has granted any license or other right to any third party with respect to the Transferred Intellectual Property or the Intellectual Property covered by the Transferred IP Agreements.
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