Intellectual Property Claim definition

Intellectual Property Claim any claim or assertion (whether in writing, by suit or otherwise) that a Borrower’s or Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property.
Intellectual Property Claim. Any actual or threatened claim, action or proceeding relating to Intellectual Property. Interconnection: Shall have the meaning set forth in 47 C.F.R. §51.5, and refers, in this Agreement, to the linking of two networks for the mutual exchange of traffic. This term does not include the transport and termination of traffic.
Intellectual Property Claim means the assertion by any Person of a claim (whether asserted in writing, by action, suit or proceeding or otherwise) that any Borrower’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.

Examples of Intellectual Property Claim in a sentence

  • Except as could not reasonably be expected to have a Material Adverse Effect, there is no pending or, to any Obligor’s knowledge, threatened Intellectual Property Claim with respect to any Obligor, any Subsidiary or any of their Property (including any Intellectual Property).


More Definitions of Intellectual Property Claim

Intellectual Property Claim means the assertion, by any means, by any Person of a claim (whether asserted in writing, by action, suit or proceeding or otherwise) that any Credit Party’s ownership, use, marketing, sale or distribution of any Inventory, equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.
Intellectual Property Claim any claim or assertion (whether in writing, by suit or otherwise) that a Borrower’s or any Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property. Intercreditor Agreement: the Intercreditor Agreement dated as of May 14, 2015, by and between the Term Loan Agent and the Agent and acknowledged by the Borrowers, as amended, restated, amended and restated, supplemented or otherwise modified from time to time.
Intellectual Property Claim has the meaning set forth in Article 19.
Intellectual Property Claim means any actual or threatened claim, action or proceeding relating to Intellectual Property.
Intellectual Property Claim means the assertion, by any means, by any Person of a claim that any Loan Party’s ownership, use, manufacturing, marketing, sale or distribution of any Inventory, equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.
Intellectual Property Claim has the meaning assigned to such term in the ABL Credit Agreement as of the date hereof.
Intellectual Property Claim means any written claim or assertion (whether by suit or otherwise) that the Borrower’s or any Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property.