Transferred IP Rights definition
Examples of Transferred IP Rights in a sentence
This Section 4.05 does not relate to Legal Proceedings relating solely to Transferred IP Rights, which are the subject of Section 4.09.
To the Knowledge of Seller, all assignments, declarations and powers of attorney (collectively, “Formalities”) with respect to the Transferred IP Rights have been properly obtained and recorded.
To the Knowledge of Depomed, all assignments, declarations and powers of attorney with respect to the Transferred IP Rights and the Licensed IP Rights have been properly obtained and recorded, provided that the foregoing “Knowledge of Depomed” qualifier shall not apply with respect to the Licensed Trademarks, Depomed Acuform Patents or the Transferred Domain Names.
There are no Liens for Taxes upon any of the Purchased Assets, the Transferred IP Rights, the Transferred Trademarks or the Transferred IP Licenses, except for Permitted Liens.
To the extent consistent with Cellegy Australia's ownership and exploitation of the IP Rights and the Transferred IP Rights, each party agrees that it will not challenge the title of the other party to the patents claimed to be owned by the other party, oppose any issuance of a patent to the other party with respect thereto or challenge the validity of any such patent if issued, and will not cooperate with any third party in connection with any challenges to such rights.