Examples of Xxxxxxx Intellectual Property in a sentence
Except as provided in any Ancillary Agreement, any Intellectual Property Rights of Parent or any of its Subsidiaries that are Xxxxx Xxxxxxx Intellectual Property Assets shall be assigned, transferred and conveyed to the Xxxxx Xxxxxxx Group pursuant to the Contribution and in accordance with the procedures set forth on Schedule 2.2(b).
Except as set forth in Xxxxxxx Disclosure Schedule Section 5.9, the Xxxxxxx Entities are the sole and exclusive owner or licensee of, with all right, title and interest in and to (free and clear of any Encumbrances, other than Permitted Liens), the Xxxxxxx Intellectual Property.
To the knowledge of the Xxxxxxx Entities, the use of any such Xxxxxxx Intellectual Property in the conduct of the Xxxxxxx Business as presently conducted does not violate any rights of any third Person, the violation of which would result in losses, costs or expenses in the aggregate in excess of $2,000,000.
The Xxxxxxx Entities have not received written notice that the use of any such Xxxxxxx Intellectual Property in the conduct of the Xxxxxxx Business as presently conducted violates any rights of any third Person the violation of which would result in losses, costs or expenses in the aggregate in excess of $2,000,000.
Customer acknowledges and agrees that Xxxxxxx is and shall remain the owner of all right, title and interest in and to the Xxxxxxx Intellectual Property.