Material Intellectual Property means Intellectual Property owned by or licensed to a Grantor and material to the conduct of any Grantor’s business.
Material Intellectual Property means all (a) Assigned Patents, and (b) other Intellectual Property owned or exclusively licensed by Holdings or any Subsidiary of Holdings that is material to the business of Holdings and its Subsidiaries, taken as a whole.
Material Intellectual Property means all Intellectual Property of the Borrower and the Grantors, other than Intellectual Property that in the aggregate is not material to the business of the Borrower and the Subsidiaries, taken as a whole.
Examples of Material Intellectual Property in a sentence
Notwithstanding the foregoing, no Loan Party may be designated as an Unrestricted Subsidiary if, on the date of and after giving effect to such designation, such Unrestricted Subsidiary (or any Subsidiary thereof) would own any Material Intellectual Property (and no Material Intellectual Property may be transferred to an existing Unrestricted Subsidiary).
More Definitions of Material Intellectual Property
Material Intellectual Property means any Intellectual Property included in the Collateral that is material to the business of any Group Member.
Material Intellectual Property means Intellectual Property that is owned by or licensed to a Grantor and material to the conduct of any Grantor’s business.
Material Intellectual Property means, the Obligor Intellectual Property described in Schedule 7.05(c) and any other Obligor Intellectual Property after the date hereof the loss of which could reasonably be expected to have a Material Adverse Effect.
Material Intellectual Property means any Intellectual Property included in the Collateral that is material to the business of any Grantor or is otherwise of material value.
Material Intellectual Property means any IP Rights that are material to the operation of the business of the Borrower and its Subsidiaries, taken as a whole.
Material Intellectual Property shall have the meaning assigned to such term in Section 3.9(b).
Material Intellectual Property means any Intellectual Property owned by any Loan Party that is material to the operation of the business of Parent and its Subsidiaries, taken as a whole.