Common use of All Intellectual Property Included Clause in Contracts

All Intellectual Property Included. The Consideration for the Shares is assessed on the basis that all licences and all Intellectual Property or other similar rights relating to the business of or used by the Company, if any, are at present owned solely and beneficially by the Company. All of such rights shall remain the property of the Company to the intent that the Company shall be the sole unencumbered and undisputed owner of all such things as at Completion.

All Intellectual Property Included. The Consideration for the Shares is assessed on the basis that all licences and all Intellectual Property or other similar rights relating to the business of or used by the Company, if any, which are at present owned solely and beneficially by the Company. All Company and that all of such rights shall remain the property of the Company as the case may be to the intent that the Company shall be the sole unencumbered and undisputed owner of all such things as at Completion.