Purchased Intellectual Property definition

Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

Purchased Intellectual Property means all Intellectual Property Rights, Software and Technology throughout the world that are used in, related to, or otherwise necessary for the Business and that are owned by the Seller, including all Intellectual Property Rights embodied in or arising from the Transferred Assets.

Purchased Intellectual Property means the Purchased Copyrights, the Purchased Domain Names, the Purchased Know-How, the Purchased Patents and the Purchased Trademarks.

Examples of Purchased Intellectual Property in a sentence

• To the knowledge of Sellers, (i) no Person is engaging in any activity that infringes any Purchased Intellectual Property and (ii) no claim has been asserted to any Seller that the use of any Purchased Intellectual Property or the operation of the Business infringes or violates the Intellectual Property of any third party.

• There are no oral or written licenses, sublicenses or other agreements to use, access or otherwise related to any of the Purchased Assets, including the Purchased Intellectual Property.

• The Purchased Intellectual Property and the rights under the Purchased Contracts include the rights to use all Intellectual Property required to operate the Business.

• To Sellers’ knowledge, Sellers own all right, title and interest to, or are licensees with respect to, the Purchased Intellectual Property, and can convey such property free and clear of Liens, other than Permitted Exceptions, pursuant to the Sale Order.

• To Sellers’ knowledge, Sellers own all right, title and interest to the Purchased Intellectual Property, and can convey such property free and clear of Liens, other than Permitted Exceptions, pursuant to the Sale Order.

More Definitions of Purchased Intellectual Property

Purchased Intellectual Property means (i) all Intellectual Property and (ii) all Software and Technology set forth on Schedule 1.1(e).

Purchased Intellectual Property means, collectively, the Owned Intellectual Property and the Licensed Intellectual Property (in each case, exclusive of Retained Seller Intellectual Property), and the Intellectual Property rights granted to Buyer pursuant to the License Agreement (as defined below).

Purchased Intellectual Property means the Steering Purchased Intellectual Property and the Company Purchased Intellectual Property.

Purchased Intellectual Property shall have the meaning set forth in Section 4.8.

Purchased Intellectual Property means the Intellectual Property of Seller included in the Purchased Assets and as delineated in Schedule 2.2.

Purchased Intellectual Property means all intellectual property rights used by the Company and its Affiliates in connection with the Business arising from or in respect of the following, whether protected, created or arising under the laws of the United States or any other jurisdiction: (i) all patents and applications therefor, including continuations, divisionals, continuations-in-part, or reissues of patent applications and patents issuing thereon (collectively, “Patents”), (ii) all trademarks, service marks, trade names, service names, brand names, trade dress rights, logos, Internet domain names and corporate names and general intangibles of a like nature, together with the goodwill associated with any of the foregoing, and all applications, registrations and renewals thereof, (collectively, “Marks”), (iii) copyrights and registrations and applications therefor, works of authorship and mask work rights (collectively, “Copyrights”), (iv) discoveries, concepts, ideas, research and development, know-how, formulae, inventions, compositions, manufacturing and production processes and techniques, technical data, procedures, designs, drawings, specifications, databases, and other proprietary and confidential information, including customer lists, supplier lists, pricing and cost information, and business and marketing plans and proposals of the Company and its Affiliates, in each case excluding any rights in respect of any of the foregoing that comprise or are protected by Copyrights or Patents (collectively, “Trade Secrets”), and (v) all software and Technology of the Seller and its Affiliates used in connection with the Business.

Purchased Intellectual Property means any and all Intellectual Property that is exclusively related to or exclusively used in the Business and is owned by a Seller as of the Closing Date and listed on Schedule 1.1(aaa).