Common use of Intellectual Property; Data Privacy Clause in Contracts

Intellectual Property; Data Privacy. (a) All Intellectual Property is either owned by AI Research (the “Owned Intellectual Property”) or used by AI Research pursuant to a valid license Contract (the “Licensed Intellectual Property”). (b) The Contributors’ Representative has made available to the Company a complete and accurate list of (i) all Owned Intellectual Property that is registered, issued, or the subject of a pending application, and (ii) all material unregistered Owned Intellectual Property. All of such registrations, issuances, and applications are valid, in full force and effect, and have not expired or been cancelled, abandoned, or otherwise terminated. AI Research owns and possesses all right, title, and interest in and to its Owned Intellectual Property, free and clear of all Liens (other than Permitted Liens). (c) To the Knowledge of the Contributors’ Representative, (i) the conduct of the Business does not infringe or otherwise violate any Intellectual Property or other proprietary rights of any other Person, and (ii) no Person is infringing or otherwise violating any Owned Intellectual Property or any rights of AI Research in any Licensed Intellectual Property.

Appears in 4 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)

Intellectual Property; Data Privacy. (a) All Intellectual Property is either owned by AI Research Vanguard (the “Owned Intellectual Property”) or used by AI Research Vanguard pursuant to a valid license Contract (the “Licensed Intellectual Property”). (b) The Contributors’ Representative has made available to the Company a complete and accurate list of (i) all Owned Intellectual Property that is registered, issued, or the subject of a pending application, and (ii) all material unregistered Owned Intellectual Property. All of such registrations, issuances, and applications are valid, in full force and effect, and have not expired or been cancelled, abandoned, or otherwise terminated. AI Research Vanguard owns and possesses possess all right, title, and interest in and to its Owned Intellectual Property, free and clear of all Liens (other than Permitted Liens). (c) To the Knowledge of the Contributors’ Representative, (i) the conduct of the Business does not infringe or otherwise violate any Intellectual Property or other proprietary rights of any other Person, and (ii) no Person is infringing or otherwise violating any Owned Intellectual Property or any rights of AI Research Vanguard in any Licensed Intellectual Property.

Appears in 3 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)

Intellectual Property; Data Privacy. (a) All Intellectual Property is either owned by AI Research Bond Street (the “Owned Intellectual Property”) or used by AI Research Bond Street pursuant to a valid license Contract (the “Licensed Intellectual Property”). (b) The Contributors’ Representative has made available to the Company a complete and accurate list of (i) all Owned Intellectual Property that is registered, issued, or the subject of a pending application, and (ii) all material unregistered Owned Intellectual Property. All of such registrations, issuances, and applications are valid, in full force and effect, and have not expired or been cancelled, abandoned, or otherwise terminated. AI Research Bond Street owns and possesses possess all right, title, and interest in and to its Owned Intellectual Property, free and clear of all Liens (other than Permitted Liens). (c) To the Knowledge of the Contributors’ Representative, (i) the conduct of the Business does not infringe or otherwise violate any Intellectual Property or other proprietary rights of any other Person, and (ii) no Person is infringing or otherwise violating any Owned Intellectual Property or any rights of AI Research Bond Street in any Licensed Intellectual Property.

Appears in 2 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)