Examples of Intellectual Property Rights in a sentence
PIF and its Consolidated Subsidiaries own, possess or have a valid license or other adequate rights to use all Intellectual Property Rights that are material to the conduct of the business of PIF and its Consolidated Subsidiaries taken as a whole (the “PIF Intellectual Property Rights”), except where the failure to own, possess or have adequate rights would not have a PIF Material Adverse Effect.
Each item of such Intellectual Property Rights is valid and enforceable.
No other rights with respect to the Software or any related Intellectual Property Rights are implied.
To the knowledge of the Company, all such Intellectual Property Rights are enforceable and there is no existing infringement by another Person of any of Intellectual Property Rights.
Neither the Company nor any Material Subsidiary has received, since the date of the latest audited financial statements included within the SEC Reports, a written notice of a claim or otherwise has any knowledge that the Intellectual Property Rights violate or infringe upon the rights of any Person, except as would not have or reasonably be expected to have a Material Adverse Effect.