Common use of Intellectual Property Clause in Contracts

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 24 contracts

Sources: Securities Purchase Agreement (Elong Power Holding Ltd.), Securities Purchase Agreement (Professional Diversity Network, Inc.), Securities Purchase Agreement (Elong Power Holding Ltd.)

Intellectual Property. The (i) Subject to the Liens of the outstanding secured senior debt, to the Company’s knowledge, the Company owns or possesses or has the right to use pursuant to a valid and each of its Subsidiaries ownsenforceable written license, possessessublicense, agreement, or can acquire on reasonable terms, permission all Intellectual Property (as defined below) necessary for the conduct operation of their respective businesses the business of the Company as now conducted or as described in presently conducted. (ii) To the Registration StatementCompany’s knowledge, the Pricing Prospectus and the Prospectus to be conducted. Except as would Intellectual Property does not result in a Material Adverse Effectinterfere with, (A) there are no infringe upon, misappropriate, or otherwise come into conflict with, any Intellectual Property rights of third parties to parties, and the Company has no knowledge that facts exist which indicate a likelihood of the foregoing. The Company has not received any charge, complaint, claim, demand, or notice alleging any such interference, infringement, misappropriation, or conflict (including any claim that the Company must license or refrain from using any Intellectual Property owned by the Company; (B) to rights of any third party). To the knowledge of the Company, there is no infringementthird party has interfered with, misappropriation infringed upon, misappropriated, or violation by third parties of otherwise come into conflict with, any such Intellectual Property; (C) there is no pending or, to the knowledge Property rights of the Company. (iii) With respect to each Licensed Intellectual Property Agreement: (A) The Licensed Intellectual Property Agreement is legal, threatenedvalid, actionbinding, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Propertyenforceable, and the Company is unaware of any facts which would form a reasonable basis for any such claim; in full force and effect; (DB) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to To the Company’s knowledge, no employee party to the Licensed Intellectual Property Agreement is in breach or default, and no event has occurred that with notice or lapse of time would constitute a breach or default or permit termination, modification, or acceleration thereunder, which as to any such breach, default or event could have a Material Adverse Effect on the Company; (C) No party to such Licensed Intellectual Property Agreement has repudiated any provision thereof; (D) Except as set forth in such Licensed Intellectual Property Agreement, the Company has not received written or verbal notice or otherwise has knowledge that the underlying item of Intellectual Property is subject to any outstanding injunction, judgment, order, decree, ruling, or charge; and (E) Except as set forth on Schedule 3.16, the Company has not granted any sublicense or similar right with respect to the license, sublicense, agreement, or permission. (iv) The Company has complied with and is presently in compliance with all foreign, federal, state, local, governmental (including, but not limited to, the Federal Trade Commission and State Attorneys General), administrative, or regulatory laws, regulations, guidelines, and rules applicable to any personal identifiable information. (v) Each Person who participated in the creation, conception, invention or development of the Intellectual Property currently used in the business of the Company (each, a “Developer”) which is not licensed from third parties has executed one or any of its Subsidiaries is in or more agreements containing industry standard confidentiality, work for hire and assignment provisions, whereby the Developer has ever been in violation of any term of any employment contractassigned to the Company all copyrights, patent disclosure agreementrights, invention Intellectual Property rights and other rights in the Intellectual Property, including all rights in the Intellectual Property that existed prior to the assignment agreement, of rights by such Person to the Company. (vi) Each Developer has signed a perpetual non-competition agreement, non-solicitation agreement, nondisclosure disclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyCompany.

Appears in 18 contracts

Sources: Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownsto their knowledge own, possessespossess, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s or any Subsidiary’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except as would not result in a Material Adverse Effect, (A) and there are no rights unreleased liens or security interests which have been filed against any of third parties to any such Intellectual Property the patents owned by the Company; Company or its Subsidiaries. Furthermore, (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (Cii) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding Proceeding or other claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the or its Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Company or its Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding Proceeding or other claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware not aware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding Proceeding or other claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the its Subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; (v) the Company and its Subsidiaries have complied with the material terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or its Subsidiaries, and all such agreements are in full force and effect; and (Fvi) any product candidates described in the SEC Reports as under development by the Company or its Subsidiaries fall within the scope of the claims of one or more patents or applications relating to the product candidate or its intended use owned by, or exclusively licensed to, the Company or its Subsidiaries; and (vii) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries, except, in the case of clause (vii), as would not reasonably be expected to have a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 13 contracts

Sources: Securities Purchase Agreement (Virpax Pharmaceuticals, Inc.), Securities Purchase Agreement (Virpax Pharmaceuticals, Inc.), Securities Purchase Agreement (Virpax Pharmaceuticals, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (Except as defined below) necessary for the conduct of their respective businesses as now conducted or as described disclosed in the Registration Statement, the Pricing Prospectus Time of Sale Information and the Prospectus, the Company or its Subsidiaries own, possess or license the patents and patent applications, copyrights, trademarks, service marks, trade names, Internet domain names, technology, know-how (including trade secrets and other unpatented and/or unpatentable proprietary rights) and other intellectual property (collectively, the “Intellectual Property”) used by the Company or its Subsidiaries in, and material to, the conduct of the Company’s or its Subsidiaries’ business as now conducted or as proposed in the Registration Statement, the Time of Sale Information and the Prospectus to be conducted, except where such failure to own or possess the valid right to use such Intellectual Property would not, individually or in the aggregate, result in a Material Adverse Effect. Except To the Company’s knowledge, there is no infringement by third parties of any of the Company’s or its Subsidiaries’ Intellectual Property, except for such infringement as would not not, individually or in the aggregate, result in a Material Adverse Effect, (A) and there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Companylegal or governmental actions, there is no infringementsuits, misappropriation proceedings or violation by third parties of any such Intellectual Property; (C) there is no claims pending or, to the knowledge of the Company’s knowledge, threatened, action, suit, proceeding against the Company or claim by others its Subsidiaries (i) challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, (ii) challenging the validity or scope of any Intellectual Property owned by the Company or the Subsidiaries, or (iii) alleging that the operation of the business of the Company or any of its Subsidiaries as now conducted infringes or otherwise violates any patent, trademark, copyright, trade secret or other proprietary rights of a third party and, in the case of (i), (ii) and (iii), which would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, and the Company is unaware of any facts which would form a reasonable basis for reasonably be expected to result in any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 12 contracts

Sources: Underwriting Agreement (Baidu, Inc.), Underwriting Agreement (Baidu, Inc.), Underwriting Agreement (Baidu, Inc.)

Intellectual Property. The Except as disclosed in the Registration Statement, the Time of Sale Prospectus and the Prospectus, the Company and each of its Subsidiaries ownsown, possessespossess, license or have other rights to use, or can acquire could obtain on commercially reasonable terms, all foreign and domestic patents, patent applications, trade and service marks, trade and service m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, know-how and other intellectual property (collectively, the “Intellectual Property (as defined below) Property”), necessary for the conduct of their respective businesses as now conducted except to the extent that the failure to own, possess, license or otherwise hold adequate rights to use such Intellectual Property would not, individually or in the aggregate, have a Material Adverse Effect. Except as described disclosed in the Registration Statement, the Pricing Time of Sale Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (Ai) there are no rights of third parties to any such Intellectual Property owned by the CompanyCompany and its Subsidiaries, except for licenses granted in the ordinary course to third parties, or that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s and its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of and its Subsidiaries infringes, misappropriates infringe or otherwise violates violate any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fvi) to the Company’s knowledge, there is no employee third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135), or the equivalent in any other jurisdiction, has been commenced against any patent or patent application described in the Registration Statement, the Time of Sale Prospectus and the Prospectus as being owned by or licensed to the Company; and (vii) the Company and its Subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or such Subsidiary, and all such agreements are in full force and effect, except, in the case of any of its Subsidiaries is in or has ever been in violation of clauses (i)-(vii) above, for any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement such infringement by third parties or any restrictive covenant such pending or threatened suit, action, proceeding or claim as would not, individually or in the aggregate, reasonably be expected to or with have a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyMaterial Adverse Effect.

Appears in 10 contracts

Sources: Underwriting Agreement (Esperion Therapeutics, Inc.), Underwriting Agreement (Aeterna Zentaris Inc.), Underwriting Agreement (Outlook Therapeutics, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 10 contracts

Sources: Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus Statement and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company, except as otherwise disclosed to the Representative in writing by the Company prior to the date hereof; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 9 contracts

Sources: Underwriting Agreement (Imperial Petroleum Inc./Marshall Islands), Underwriting Agreement (Imperial Petroleum Inc./Marshall Islands), Underwriting Agreement (OceanPal Inc.)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not reasonably be expected to result in a Material Adverse Effect. Furthermore, except as described in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the CompanyCompany after reasonable investigation (“Knowledge”), there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge Knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any objective facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge Knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and trademarks, trademark registrations, service marks, trade and service mark registrations, trade names, copyrights, copyright registrations, licenses, inventions, trade secrets, Internet domain names, Internet domain name registrations, technology, registrations, trade secret rights, know-how and other intellectual property.

Appears in 9 contracts

Sources: Securities Purchase Agreement (Momentus Inc.), Securities Purchase Agreement (Momentus Inc.), Securities Purchase Agreement (Glucotrack, Inc.)

Intellectual Property. The Company owns or possesses or has valid rights to use all patents, patent applications, trademarks, service marks, trade names, trademark registrations, service m▇▇▇ registrations, copyrights, licenses, inventions, trade secrets and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all similar rights (“Intellectual Property (as defined belowRights”) necessary for the conduct of their respective businesses the business of the Company as now conducted or currently carried on and as described in the Registration StatementStatement and the Prospectus, except as would not be reasonably likely to result in a Material Adverse Change. To the Pricing Prospectus knowledge of the Company, no action or use by the Company necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of, or license or similar fees for, any Intellectual Property Rights of others, except where such action, use, license or fee is not reasonably likely to result in a Material Adverse Change. The Company has not received any notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not result reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and ; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; (EC) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; (D) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claimclaim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries Company, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement and the Prospectus and are not described therein. The Registration Statement and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its Subsidiaries. “Intellectual Property” shall mean all patentsofficers, patent applicationsdirectors or employees, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyor otherwise in violation of the rights of any persons.

Appears in 8 contracts

Sources: Sales Agreement (Lixte Biotechnology Holdings, Inc.), Sales Agreement (Precipio, Inc.), Sales Agreement (India Globalization Capital, Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownssubsidiaries own, possessespossess, have the right to use or can acquire on reasonable termsterms sufficient trademarks, all trade names, patent rights, copyrights, domain names, licenses, trade secrets, inventions, technology, know-how and other intellectual property and similar rights, including registrations and applications for registration thereof (collectively, “Intellectual Property (as defined belowRights”) necessary for or material to the conduct of their respective businesses as the business now conducted or as described proposed in the Registration StatementGeneral Disclosure Package to be conducted by them, the Pricing Prospectus and the Prospectus to be conducted. Except as expected expiration of any such Intellectual Property Rights would not result not, individually or in the aggregate, have a Material Adverse Effect. Except as disclosed in the General Disclosure Package (i) to the Company’s knowledge, (A) there are no rights of third parties to any such of the Intellectual Property Rights owned or purported to be owned by the CompanyCompany or its subsidiaries (other than Intellectual Property Rights non-exclusive licenses granted by the Company to its partners in the ordinary course of business); (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation misappropriation, breach, default or violation by third parties other violation, or the occurrence of any such event that with notice or the passage of time would constitute any of the foregoing, by any third party of any of the Intellectual PropertyProperty Rights of the Company or any of its subsidiaries; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others any third party challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to to, or the violation of any such of the terms of, any of their Intellectual Property, Property Rights and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others any third party challenging the validity validity, enforceability or scope of any such Intellectual Property, Property Rights of the Company or any of its subsidiaries and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others any third party that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates or conflicts with any Intellectual Property Rights or other proprietary rights of others, any third party and neither the Company nor is unaware of any of the Subsidiaries has received other fact which would form a reasonable basis for any written notice of such claim; and (Fvi) to none of the Company’s knowledge, no employee of Intellectual Property Rights used or held for use by the Company or any of its Subsidiaries subsidiaries in their businesses has been obtained or is in being used or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with held for use by the Company or any of its Subsidiaries or actions undertaken by the employee while employed with subsidiaries in violation of any contractual obligation binding on the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patentssubsidiaries or in violation of any rights of any third party, patent applicationsexcept in each case covered by clauses (i) – (vi) such as would not, trade and service marksif determined adversely to the Company or any of its subsidiaries, trade and service mark registrationsindividually or in the aggregate, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyhave a Material Adverse Effect.

Appears in 8 contracts

Sources: Underwriting Agreement (Revance Therapeutics, Inc.), Underwriting Agreement (Revance Therapeutics, Inc.), Underwriting Agreement (Revance Therapeutics, Inc.)

Intellectual Property. The Company Except as described in the Time of Sale Information and each of its Subsidiaries the Prospectus, the Company, the Operating Partnership or a Subsidiary, as applicable, owns, possessesor has obtained valid and enforceable licenses for, or can acquire on reasonable termsother rights to use, all Intellectual Property the inventions, patent applications, patents, trademarks (both registered and unregistered), trade names, copyrights, trade secrets and other proprietary information described in the Time of Sale Information and the Prospectus as defined below) being owned or licensed by them or which are necessary for the conduct of their respective businesses as now conducted currently conducted, except where the failure to own, license or as described have such rights would not, individually or in the Registration Statementaggregate, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in have a Material Adverse EffectEffect (collectively, “Intellectual Property”); (Ai) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) who have or, to the knowledge of either of the Operating Partnership and each of the Guarantors, will be able to establish rights to any Intellectual Property, except for the ownership rights of the owners of the Intellectual Property which the Time of Sale Information and the Prospectus disclose is licensed to the Operating Partnership or any Guarantor and for licenses for or other rights to use Intellectual Property which is licensed to the Operating Partnership or any Guarantor on a non-exclusive basis; (ii) none of the Company, there is no infringement, misappropriation the Operating Partnership or violation any of the Subsidiaries has received written notice of any infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the CompanyOperating Partnership and each of the Guarantors, threatened, threatened action, suit, proceeding or claim by others challenging the CompanyOperating Partnership’s or any SubsidiaryGuarantor’s rights in or to any such Intellectual Property, and the Company is Operating Partnership and each of the Guarantors are unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the CompanyOperating Partnership and each of the Guarantors, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is Operating Partnership and each of the Guarantors are unaware of any facts which would could form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the CompanyOperating Partnership and each of the Guarantors, threatened action, suit, proceeding or claim by others that the Company and the Operating Partnership or any of its Subsidiaries infringes, misappropriates Subsidiary infringes or otherwise violates any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor Operating Partnership and each of the Guarantors are unaware of any facts which could form a reasonable basis for any such claim; (vi) there is no patent or patent application that contains claims that interfere with the issued or pending claims of any of the Intellectual Property owned by or licensed to the Operating Partnership or any Guarantor; and (vii) none of the Company, the Operating Partnership or any of the Subsidiaries is aware of any prior art that may render any patent application owned by the Company, the Operating Partnership or any Subsidiary of the Intellectual Property unpatentable that has received any written notice of such claim; and (F) not been disclosed to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade U.S. Patent and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyTrademark Office.

Appears in 8 contracts

Sources: Underwriting Agreement (Extra Space Storage Inc.), Underwriting Agreement (Extra Space Storage Inc.), Underwriting Agreement (Extra Space Storage Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus Statement and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company, except as otherwise disclosed to the Representative in writing by the Company prior to the date hereof; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee officer of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 7 contracts

Sources: At the Market Offering Agreement (Toro Corp.), At the Market Offering Agreement (Robin Energy Ltd.), Securities Purchase Agreement (Robin Energy Ltd.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, licenses or can acquire on reasonable termshas other rights to use copyrights, all trademarks, service marks, trade names, Internet domain names, technology, know-how (including trade secrets and other unpatented and/or unpatentable proprietary rights) and other intellectual property necessary or used in any material respect to conduct its business in the manner in which it is being conducted and in the manner in which it is contemplated as set forth in the SEC Reports (collectively, the “Intellectual Property”). (i) None of the Intellectual Property is unenforceable or invalid; (ii) except as defined below) necessary for the conduct of their respective businesses as now conducted or as described set forth in the Registration StatementSEC Reports, the Pricing Prospectus and Company has not received any notice of violation or conflict with (the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (ACompany has no knowledge of any basis for violation or conflict with) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) others with respect to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; and (Ciii) except as set forth in the SEC Reports, there is are no pending or, to the Company’s best knowledge after due inquiry, threatened actions, suits, proceedings or claims by others that allege any of the CompanyCompany or a Subsidiary is infringing any patent, threatenedtrade secret, actiontrademark, suitservice ▇▇▇▇, proceeding copyright or claim by others challenging other intellectual property or proprietary right. To the Company’s best knowledge, the discoveries, inventions, products or processes of the Company referenced in the SEC Reports do not violate or conflict with any intellectual property or proprietary right of any third Person, or any Subsidiary’s rights in discovery, invention, product or to process that is the subject of a patent application filed by any such Intellectual Propertythird Person; no officer, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid director or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent non-disclosure agreement, invention assignment agreement, or similar agreement relating to the protection, ownership, development use or transfer of the Intellectual Property or, to the Company’s best knowledge after due inquiry, any other intellectual property, except where any violation would not, individually or in the aggregate, have a Material Adverse Effect. The Company is not in breach of and have complied in all material respects with all terms of, any license or other agreement relating to the Intellectual Property. To the extent any Intellectual Property is sublicensed to any of the Company or a Subsidiary by a third party, such sublicensed rights shall continue in full force and effect if the principal third party license terminates for any reason. There are no contracts or other documents related to the Intellectual Property required to be described in or filed as an exhibit to the Registration Statement and the SEC Reports other than those described in or filed as an exhibit to the Registration Statement and the SEC Reports. The Company is not subject to any non-competition agreement, non-solicitation agreement, nondisclosure or other similar restrictions or arrangements relating to any business or service anywhere in the world. The Company has taken all necessary and reasonably appropriate steps to protect and preserve the confidentiality of applicable Intellectual Property (“Confidential Information”). All use or disclosure of Confidential Information owned by the Company by or to a third party has been pursuant to a written agreement between the Company and such third party. All use or any restrictive covenant disclosure of Confidential Information not owned by the Company has been pursuant to or with the terms of a former employer where written agreement between the basis Company and the owner of such violation relates to such employee’s employment with the Company Confidential Information, or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyis otherwise lawful.

Appears in 6 contracts

Sources: Underwriting Agreement (Beam Global), Underwriting Agreement (Envision Solar International, Inc.), Underwriting Agreement

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (Except as defined below) necessary for the conduct of their respective businesses as now conducted or as described disclosed in the Registration Statement, the Pricing Prospectus Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectProspectus, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringesown, misappropriates possess, license or otherwise violates any Intellectual Property have other rights to use, or other proprietary rights of otherscould obtain on commercially reasonable terms, all foreign and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all domestic patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, technology, know-how and other intellectual propertyproperty (collectively, the “Intellectual Property”), necessary for the conduct of their respective businesses as now conducted except to the extent that the failure to own, possess, license or otherwise hold adequate rights to use such Intellectual Property would not, individually or in the aggregate, have a Material Adverse Effect. Except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (i) there are no rights of third parties to any such Intellectual Property owned by the Company and its Subsidiaries, except for licenses granted in the ordinary course to third parties, or that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect; (ii) to the Company’s knowledge, there is no infringement by third parties of any such Intellectual Property; (iii) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the Company’s and its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which could form a reasonable basis for any such action, suit, proceeding or claim; (iv) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property; (v) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company and its Subsidiaries infringe or otherwise violate any patent, trademark, copyright, trade secret or other proprietary rights of others; (vi) to the Company’s knowledge, there is no third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135), or the equivalent in any other jurisdiction, has been commenced against any patent or patent application described in the Registration Statement, the Pricing Disclosure Package and the Prospectus as being owned by or licensed to the Company; and (vii) the Company and its Subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or such Subsidiary, and all such agreements are in full force and effect, except, in the case of any of clauses (i)-(vii) above, for any such infringement by third parties or any such pending or threatened suit, action, proceeding or claim as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Sources: Underwriting Agreement (Phio Pharmaceuticals Corp.), Underwriting Agreement (Phio Pharmaceuticals Corp.), Underwriting Agreement (Vaxart, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except conducted in all material respects, except as such failure to own, possess, or acquire such rights would not result in have a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not have a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any material facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has have not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any material facts which would form a reasonable basis for any such claim; (ED) to the Company’s knowledge, there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and the Company is unaware of any other material fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no Company employee is obligated under any contract (including licenses, covenants or commitments of any nature) or other agreement, or subject to any judgment, decree or order of any court or administrative agency, that would interfere with the use of such employee’s best efforts to promote the interest of the Company or that would conflict with the Company’s business; none of the execution and delivery of this Agreement, the carrying on of the Company’s business by the employees of the Company, and the conduct of the Company’s business as proposed, will conflict with or result in a breach of terms, conditions, or provisions of, or constitute a default under, any contract, covenant or instrument under which any such employee is now obligated; and it is not and will not be necessary to use any inventions, trade secrets or proprietary information of any of its Subsidiaries consultants, or its employees (or Persons it currently intends to hire) made prior to their employment by the Company, except for technology that is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant licensed to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken owned by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyCompany.

Appears in 6 contracts

Sources: Securities Purchase Agreement (NEUROONE MEDICAL TECHNOLOGIES Corp), Securities Purchase Agreement (NEUROONE MEDICAL TECHNOLOGIES Corp), Securities Purchase Agreement (NEUROONE MEDICAL TECHNOLOGIES Corp)

Intellectual Property. The Company owns or possesses or has valid rights to use all patents, patent applications, trademarks, service marks, trade names, trademark registrations, service mark registrations, copyrights, licenses, inventions, trade secrets and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all similar rights (“Intellectual Property (as defined belowRights”) necessary for the conduct of their respective businesses the business of the Company as now conducted or currently carried on and as described in the Registration StatementStatement and the Prospectus, except as would not be reasonably likely to result in a Material Adverse Change. To the Pricing Prospectus knowledge of the Company, no action or use by the Company necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of, or license or similar fees for, any Intellectual Property Rights of others, except where such action, use, license or fee is not reasonably likely to result in a Material Adverse Change. The Company has not received any notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not result reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and ; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 6(dd), reasonably be expected to result in a Material Adverse Change; (EC) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(dd), reasonably be expected to result in a Material Adverse Change; (D) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claimclaim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(dd), reasonably be expected to result in a Material Adverse Change; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries Company, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement and the Prospectus and are not described therein. The Registration Statement and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its Subsidiaries. “Intellectual Property” shall mean all patentsofficers, patent applicationsdirectors or employees, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyor otherwise in violation of the rights of any persons.

Appears in 6 contracts

Sources: Sales Agreement (SKK Holdings LTD), Sales Agreement (IceCure Medical Ltd.), Sales Agreement (Maris Tech Ltd.)

Intellectual Property. The Except for specific matters described in the Prospectus, the Company and each of its Subsidiaries ownssubsidiaries own, possessespossess or have sufficient rights to use all trademarks, or can acquire on reasonable termstrade names, all patent rights, copyrights, domain names, licenses, approvals, trade secrets, inventions, technology, know-how and other intellectual property and similar rights, including registrations and applications for registration thereof (collectively, “Intellectual Property (as defined belowRights”) necessary for or material to the conduct of their respective businesses as the business now conducted or as described proposed in the Registration Statement, the Pricing Prospectus and the Prospectus to be conductedconducted by them. Except as would not result disclosed in a Material Adverse Effect, the Prospectus (Ai) there are no rights of third parties to any such of the Intellectual Property Rights owned or purported to be owned by the CompanyCompany or its subsidiaries; (Bii) to the Company’s knowledge of the Company, there is no infringement, misappropriation misappropriation, breach, or violation default by any third parties party of any such of the Intellectual PropertyProperty Rights of the Company or any of its subsidiaries; (Ciii) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Companyknowledge, threatened action, suit, proceeding or claim by others any third party challenging the validity Company’s or scope any of its subsidiaries’ rights in or to, or the violation of any such of the terms of, any of their Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claimProperty Rights; (Eiv) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others any third party challenging the validity, enforceability or scope of any Intellectual Property Rights of the Company or any of its subsidiaries; (v) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by any third party that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates or conflicts with any Intellectual Property or other proprietary rights Rights of others, and neither the Company nor any third party; (vi) none of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of Intellectual Property Rights used or held for use by the Company or any of its Subsidiaries subsidiaries in their businesses has been obtained or is in being used or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with held for use by the Company or any of its Subsidiaries or actions undertaken by the employee while employed with subsidiaries in violation of any contractual obligation binding on the Company or any of its Subsidiaries. “subsidiaries, and (vii) the Company and its subsidiaries have taken reasonable steps in accordance with normal industry practice to maintain the confidentiality of all Intellectual Property” shall mean all patentsProperty Rights the value of which to the Company or any subsidiary is contingent upon maintaining the confidentiality thereof, patent applicationsexcept in each case covered by clauses (i) – (vii) such as would not, trade and service marksif determined adversely to the Company or any of its subsidiaries, trade and service mark registrationsindividually or in the aggregate, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyresult in a Material Adverse Change.

Appears in 5 contracts

Sources: Sales Agreement (Aduro Biotech, Inc.), Sales Agreement (Myos Rens Technology Inc.), Common Stock Sales Agreement (Aduro Biotech, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus Supplement to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, except as described in the Registration Statement, the Prospectus and the Prospectus Supplement, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge Knowledge (as defined herein) of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge Knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any objective facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge Knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, ; and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and trademarks, trademark registrations, service marks, trade and service mark registrations, trade names, copyrights, copyright registrations, licenses, inventions, trade secrets, Internet domain names, Internet domain name registrations, technology, registrations, trade secret rights, know-how and other intellectual property.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Eyenovia, Inc.), Securities Purchase Agreement (Eyenovia, Inc.), Securities Purchase Agreement (Eyenovia, Inc.)

Intellectual Property. The Company Except as described in the Time of Sale Information and each of its Subsidiaries the Prospectus, the Company, the Operating Partnership or a Subsidiary, as applicable, owns, possessesor has obtained valid and enforceable licenses for, or can acquire on reasonable termsother rights to use, all Intellectual Property the inventions, patent applications, patents, trademarks (both registered and unregistered), trade names, copyrights, trade secrets and other proprietary information described in the Time of Sale Information and the Prospectus as defined below) being owned or licensed by them or which are necessary for the conduct of their respective businesses as now conducted currently conducted, except where the failure to own, license or as described have such rights would not, individually or in the Registration Statementaggregate, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in have a Material Adverse EffectEffect (collectively, “Intellectual Property”); (Ai) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) who have or, to the knowledge of either of the Operating Partnership and each of the Guarantors, will be able to establish rights to any Intellectual Property, except for the ownership rights of the owners of the Intellectual Property which the Time of Sale Information and the Prospectus disclose is licensed to the Operating Partnership or any Guarantor and for licenses for or other rights to use Intellectual Property which is licensed to the Operating Partnership or any Guarantor on a non-exclusive basis; (ii) none of the Company, there is no infringement, misappropriation the Operating Partnership or violation any of the Subsidiaries has received written notice of any infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the CompanyOperating Partnership and each of the Guarantors, threatened, threatened action, suit, proceeding or claim by others challenging the CompanyOperating Partnership’s or any SubsidiaryGuarantor’s rights in or to any such Intellectual Property, and the Company is Operating Partnership and each of the Guarantors are unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the CompanyOperating Partnership and each of the Guarantors, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is Operating Partnership and each of the Guarantors are unaware of any facts which would could form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the CompanyOperating Partnership and each of the Guarantors, threatened action, suit, proceeding or claim by others that the Company and the Operating Partnership or any of its Subsidiaries infringes, misappropriates Subsidiary infringes or otherwise violates any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor Operating Partnership and each of the Guarantors are unaware of any facts which could form a reasonable basis for any such claim; (vi) there is no patent or patent application that contains claims that interfere with the issued or pending claims of any of the Intellectual Property owned by or licensed to the Operating Partnership or any Guarantor; and (vii) none of the Company, the Operating Partnership or any of the Subsidiaries is aware of any prior art that may render any patent application owned by the Company, the Operating Partnership or any Subsidiary of the Intellectual Property unpatentable that has received any written notice of such claim; and (F) not been disclosed to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade U.S. Patent and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.Trademark Office;

Appears in 5 contracts

Sources: Underwriting Agreement (Extra Space Storage Inc.), Underwriting Agreement (Extra Space Storage Inc.), Underwriting Agreement (Extra Space Storage Inc.)

Intellectual Property. The Company and each of to its Subsidiaries ownsknowledge own, possessespossess, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except as would not result in a Material Adverse Effect, (A) and there are no rights unreleased liens or security interests which have been filed against any of third parties to any such Intellectual Property the patents owned by the Company; . Furthermore, (Bi) to the knowledge of the Company, there is no infringement, misappropriation misappropriation, or violation by third parties of any such Intellectual Property; (Cii) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding Proceeding, or other claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding Proceeding, or other claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware not aware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding Proceeding, or other claim by others that the Company or any of its Subsidiaries infringes, misappropriates misappropriates, or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; (v) the Company has complied with the material terms of each agreement pursuant to which Intellectual Property has been licensed to the Company, and all such agreements are in full force and effect; and (Fvi) any product candidates described in the SEC Reports as under development by the Company fall within the scope of the claims of one or more patents or applications relating to the product candidate or its intended use owned by, or exclusively licensed to, the Company; and (vii) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement agreement, or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any Company, except, in the case of its Subsidiariesclause (vii), as would not reasonably be expected to have a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how how, and other intellectual property.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Tenon Medical, Inc.), Securities Purchase Agreement (Tenon Medical, Inc.), Securities Purchase Agreement (Lixte Biotechnology Holdings, Inc.)

Intellectual Property. (i) The Company and each the Company Subsidiaries own (free and clear of its Subsidiaries owns, possesses, any Liens) or can acquire on reasonable terms, have a valid license to use all Intellectual Property used in or necessary to carry on their business as currently conducted, and (as defined belowii) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by referenced in clause (i) above is valid, subsisting and enforceable, and is not subject to any outstanding order, judgment, decree or agreement adversely affecting the Company; (B) ’s or the Company Subsidiaries’ use of, or rights to, such Intellectual Property. The Company and the Company Subsidiaries have sufficient rights to use all Intellectual Property used in their business as presently conducted, all of which rights shall survive unchanged the consummation of the transactions contemplated by this Agreement. Neither the Company nor any Company Subsidiary has received any notice of infringement or misappropriation of, or any conflict with, the rights of others with respect to any Intellectual Property, and no reasonable basis exists for any such claim. To the Company’s knowledge, no third party has infringed, misappropriated or otherwise violated the Intellectual Property rights of the Company or the Company Subsidiaries. There is no litigation, opposition, cancellation, proceeding, objection or claim pending, asserted, or, to the Company’s knowledge, threatened against the Company or any Company Subsidiary concerning the ownership, validity, registerability, enforceability, infringement or use of, or licensed right to use, and Intellectual Property. To the knowledge of the Company, there none of the Company or any of the Company Subsidiaries is no infringementusing or enforcing any Intellectual Property owned by or licensed to the Company or any of the Company Subsidiaries in a manner that would be expected to result in the abandonment, misappropriation cancellation or violation by third parties unenforceability of any such Intellectual Property; . The Company and each of the Company Subsidiaries has taken all reasonable measures to protect the Intellectual Property owned by or licensed to the Company or any of the Company Subsidiaries. The computers, computer software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, and all other information technology equipment, and all associated documentation used in the business of the Company and the Company Subsidiaries (Cthe “IT Assets”) there is no pending or, to operate and perform in all material respects in accordance with their documentation and functional specifications and otherwise as required in connection with the business. To the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging no person has gained unauthorized access to the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, IT Assets. The Company and the Company is unaware of any facts which would form a Subsidiaries have implemented reasonable basis for any such claim; (D) the Intellectual Property owned by the backup and disaster recovery technology consistent with industry practices. The Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a Subsidiaries take reasonable basis for any such claim; (E) there is no pending ormeasures, directly or indirectly, to ensure the knowledge confidentiality, privacy and security of the Companycustomer, threatened action, suit, proceeding or claim by others that employee and other confidential information. The Company and the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or have complied with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, internet domain names, technology, know-how name registration and other intellectual propertyrequirements of internet domain registrars concerning internet domain names that are used in the business.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Brown Bernard A), Securities Purchase Agreement (Sun Bancorp Inc /Nj/), Securities Purchase Agreement (Sun Bancorp Inc /Nj/)

Intellectual Property. The Except as disclosed in the SEC Reports, (i) the Company and each of its Subsidiaries ownsSubsidiary owns or has obtained valid and enforceable licenses or options for the inventions, possessespatent applications, or can acquire on reasonable termspatents, all Intellectual Property trademarks (as defined below) both registered and unregistered), trade names, copyrights and trade secrets necessary for the conduct of their its respective businesses as now conducted or business as described in the Registration StatementSEC Reports (collectively, the Pricing Prospectus “Intellectual Property”); and (ii) (a) there are no third parties who have any ownership rights to any Intellectual Property that is owned by, or has been licensed to, the Prospectus to be conducted. Except Company or each Subsidiary for the products described in the SEC Reports that would preclude the Company or any Subsidiary from conducting its business as would not result in currently conducted and have a Material Adverse Effect, (A) there are no except for the ownership rights of third parties to any such the owners of the Intellectual Property owned licensed or optioned by the CompanyCompany or any Subsidiary; (Bb) to the knowledge of the Company’s knowledge, there is are currently no infringement, misappropriation or violation sales of any products that would constitute an infringement by third parties of any such Intellectual PropertyProperty owned, licensed or optioned by the Company or any Subsidiary, which infringement would have a Material Adverse Effect; (Cc) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s rights of the Company or any Subsidiary’s rights Subsidiary in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned owned, licensed or optioned by the Company and each of the Subsidiariesor any Subsidiary, and other than claims which could not reasonably be expected to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and have a Material Adverse Effect; (d) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual PropertyProperty owned, and licensed or optioned by the Company is unaware of or any facts which would form a reasonable basis for any such claimSubsidiary, other than non-material actions, suits, proceedings and claims; and (Ee) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its any Subsidiaries infringes, misappropriates infringes or otherwise violates any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights right of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, other than non-competition agreementmaterial actions, non-solicitation agreementsuits, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade proceedings and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyclaims.

Appears in 5 contracts

Sources: Purchase Agreement (Ophthalmic Imaging Systems), Purchase Agreement (Ophthalmic Imaging Systems), Purchase Agreement (Ophthalmic Imaging Systems)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, licenses or can acquire on reasonable termshas other rights to use, all patents, patent applications, trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, know-how and other intellectual property that are described in the SEC Filings (collectively, the “Intellectual Property (as defined below) Property”); and to the Company’s Knowledge, no additional third party intellectual property rights are necessary for the conduct of their respective businesses the Company’s business in all material respects as now conducted or as proposed in the SEC Filings to be conducted; and (a) except as described in the Registration StatementSEC filings, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the CompanyProperty, including no liens, security interests or other encumbrances; (Bb) to the knowledge of the Company’s Knowledge, there is no infringement, misappropriation or violation material infringement by third parties of any such Intellectual Property; (Cc) there is no pending or, to the knowledge of the Company’s Knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts facts, which would could form a reasonable basis for any such action, suit, proceeding or claim; (Dd) the such Intellectual Property owned by that is described in the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, SEC Filings has not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and ; (e) there is no pending or, to the knowledge of the Company’s Knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual PropertyProperty that is owned or licensed by the Company, and the Company is unaware of any facts which would form a reasonable basis for any such claimincluding interferences, oppositions, reexaminations or government proceedings; (Ef) there is no pending or, to the knowledge of the Company’s Knowledge, threatened action, suit, proceeding or claim by others that the Company or any of and its Subsidiaries infringessubsidiaries infringe, misappropriates misappropriate, or otherwise violates violate any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fg) to the Company’s knowledgeKnowledge, there is no third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135) has been commenced against any patent or patent application described in the SEC Filings as being owned by or licensed to the Company; (h) to the Company’s Knowledge, the Company and its subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or such subsidiary, and all such agreements are in full force and effect; and (i) each key employee of the Company or any and each Company employee involved with the development of its Subsidiaries is in or Intellectual Property has ever been in violation of any term of any employment contract, patent disclosure agreement, entered into an invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyCompany.

Appears in 5 contracts

Sources: Securities Purchase Agreement (X4 Pharmaceuticals, Inc), Securities Purchase Agreement (X4 Pharmaceuticals, Inc), Securities Purchase Agreement (X4 Pharmaceuticals, Inc)

Intellectual Property. The (a) To the best of its knowledge, the Company and has entered into agreements with each of its Subsidiaries ownscurrent and former officers, possessesemployees and consultants involved in research and development work, including development of the Company’s products and technology providing the Company, to the extent permitted by law, with title and ownership to patents, patent applications, trade secrets and inventions conceived, developed, reduced to practice by such person, solely or can acquire on reasonable termsjointly with other of such persons, during the period of employment by the Company except where the failure to have entered into such an agreement would not have a Material Adverse Effect. The Company is not aware that any of its employees or consultants is in material violation thereof. (b) To the Company’s knowledge, the Company owns or possesses adequate rights to use all trademarks, service marks, trade names, domain names, copyrights, patents, patent applications, inventions, know how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), and other intellectual property rights (“Intellectual Property (Property”) as defined below) are necessary for the conduct of their respective businesses as now conducted or its business as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conductedCommission Documents. Except as would not result described in a Material Adverse Effectthe Commission Documents, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others against the Company challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiariesand, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceableunenforceable by a court of competent jurisdiction or applicable government agency, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others against the Company that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim; and (Fv) to the Company’s knowledge, no employee of the Company is the subject of any claim or any of its Subsidiaries is in or has ever been in proceeding involving a violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company Company, in each of (i) through (v), for any instances which would not, individually or any of its Subsidiaries. “Intellectual Property” shall mean all patentsin the aggregate, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyresult in a Material Adverse Effect.

Appears in 5 contracts

Sources: Stock Purchase Agreement (Intrexon Corp), Stock Purchase Agreement (Intrexon Corp), Stock Issuance Agreement (Oragenics Inc)

Intellectual Property. The Except to the extent described in the Prospectus, the Company and each of its Subsidiaries owns, possesseslicenses, or can acquire on reasonable termsotherwise has rights in all United States and foreign patents, all Intellectual Property (as defined below) trademarks, service marks, tradenames, copyrights, trade secrets and other proprietary rights necessary for the conduct of their respective businesses its business as now conducted or currently carried on and as proposed to be carried on as described in the Registration StatementProspectus (collectively and together with any applications or registrations for the foregoing, the Pricing Prospectus and the Prospectus to be conducted“Intellectual Property”). Except as would not result specifically described in a Material Adverse Effectthe Prospectus, (Ai) there are no rights of third parties have obtained, or will reasonably be expected to be able to establish, any interest in or rights to any such Intellectual Property owned by from the CompanyCompany or any of its Subsidiaries, other than licenses granted in the ordinary course; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation misappropriation, or other violation by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity validity, enforceability, or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ev) there is no prior, pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringeshas infringed, misappropriates misappropriated or violated, does infringe, misappropriate or otherwise violates violate, or would upon further development or commercialization of any product, product candidates, or services described in the Prospectus as under development, infringe, misappropriate or violate, any Intellectual Property or other proprietary rights of others, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (vi) to the Company’s knowledge there is no patent or patent application that contains claims that would interfere with or cover (or may interfere with or cover) the claims of any patent or patent application included in the Company Intellectual Property described in the Prospectus or the Disclosure Package or that interferes with the issued or pending claims of any such Intellectual Property; (vii) there is no prior art or public or commercial activity of which the Company is aware that may render any patent held by the Company or any of its Subsidiaries invalid or that would preclude the issuance of any patent on any patent application held by the Company or any of its Subsidiaries unpatentable which has not been disclosed to the U.S. Patent and Trademark Office or, if required to be disclosed, to a relevant foreign patent authority, as the case may be; (viii) neither the Company nor any of the its Subsidiaries has received committed any written notice act or omitted to undertake any act the effect of such claimcommission or omission would render the Intellectual Property invalid or unenforceable in whole or in part; and (Fix) to the Company’s knowledge, no employee the claims of the issued patents included in its and its Subsidiaries’ Intellectual Property are valid and enforceable and the Company is unaware of any facts that would preclude the issuance of a valid and enforceable patent on any pending application included in the Company’s or any of its Subsidiaries’ Intellectual Property; (x) the manufacture, use and sale of the products or product candidates described in the Prospectus as under development by the Company fall within the scope of one or more claims of the patents or patent applications included in the Company’s Intellectual Property; (xi) the Company has taken reasonable steps necessary to secure the interest of the Company and its Subsidiaries in their respective Intellectual Property purported to be owned by the Company or any of its Subsidiaries is from any employees, consultants, agents or contractors that developed (in whole or in part) such Intellectual Property; (xii) there are no outstanding options, licenses or agreements of any kind relating to the Company’s or any of its Subsidiaries’ Intellectual Property or Intellectual Property of any other person or entity that are required to be described in the Prospectus that are not so described therein; and (xiii) no governmental agency, facilities or resources of a university, college, other educational institution or research center has asserted any claim or right in or has ever been in violation to any such of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement the Company’s or any restrictive covenant to or with a former employer where of its Subsidiaries’ Intellectual Property. To the basis Company’s knowledge, none of such violation relates to such employee’s employment with the technology employed by the Company or any of its Subsidiaries has been obtained or actions undertaken is being used by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertySubsidiaries in violation of the rights of any person or third party.

Appears in 5 contracts

Sources: Sales Agreement (Scynexis Inc), Sales Agreement (Scynexis Inc), Sales Agreement (Scynexis Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (Except as defined below) necessary for the conduct of their respective businesses as now conducted or as described disclosed in the Registration Statement, the Pricing Prospectus Statement and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectProspectus, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringesown, misappropriates possess, license or otherwise violates any Intellectual Property or have other proprietary rights of others, to use all foreign and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all domestic patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, technology, know-how and other intellectual propertyproperty (collectively, the “Intellectual Property”), necessary for the conduct of their respective businesses as now conducted, except to the extent that the failure to own, possess, license or otherwise hold rights to use such Intellectual Property would not, individually or in the aggregate, have a Material Adverse Effect. Except as disclosed in the Registration Statement and the Prospectus (i) to the Company’s knowledge, there is no infringement by third parties of any such Intellectual Property that is owned by the Company or any of its Subsidiaries; (ii) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the Company’s and its Subsidiaries’ rights in or to any such Intellectual Property that is owned by the Company or any of its Subsidiaries; (iii) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property that is owned by the Company or any of its Subsidiaries; (iv) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company and its Subsidiaries infringe or otherwise violate any patent, trademark, copyright, trade secret or other proprietary rights of others; (v) to the Company’s knowledge, there is no third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135) has been commenced against any patent or patent application described in the Prospectus as being owned by the Company; and (vi) the Company and its Subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or such Subsidiary, and all such agreements are in full force and effect, except, in the case of each of clauses (i)-(vi) above, as would not, individually or in the aggregate, result in a Material Adverse Effect.

Appears in 5 contracts

Sources: Sales Agreement (Strive, Inc.), Sales Agreement (Strive, Inc.), Sales Agreement (Strive, Inc.)

Intellectual Property. The (a) To the best of its knowledge, the Company and has entered into agreements with each of its Subsidiaries ownscurrent and former officers, possessesemployees and consultants involved in research and development work, including development of the Company’s products and technology providing the Company, to the extent permitted by law, with title and ownership to patents, patent applications, trade secrets and inventions conceived, developed, reduced to practice by such person, solely or can acquire on reasonable termsjointly with other of such persons, during the period of employment by the Company except where the failure to have entered into such an agreement would not have a Material Adverse Effect. The Company is not aware that any of its employees or consultants is in material violation thereof. (b) To the Company’s knowledge, the Company owns or possesses adequate rights to use all trademarks, service marks, trade names, domain names, copyrights, patents, patent applications, inventions, know how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), and other intellectual property rights (“Intellectual Property (Property”) as defined below) are necessary for the conduct of their respective businesses as now conducted or its business as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conductedSEC Documents. Except as would not result described in a Material Adverse Effectthe SEC Documents, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others against the Company challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiariesand, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceableunenforceable by a court of competent jurisdiction or applicable government agency, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others against the Company that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim; and (Fv) to the Company’s knowledge, no employee of the Company is the subject of any claim or any of its Subsidiaries is in or has ever been in proceeding involving a violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company Company, in each of (i) through (v), for any instances which would not, individually or any of its Subsidiaries. “Intellectual Property” shall mean all patentsin the aggregate, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyresult in a Material Adverse Effect.

Appears in 5 contracts

Sources: Debt Conversion Agreement (Oragenics Inc), Securities Purchase Agreement (Oragenics Inc), Stock Issuance Agreement (Oragenics Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possessesown, or can acquire on reasonable termshave obtained valid and enforceable licenses for, all Intellectual Property or other rights to use, the inventions, patent applications, patents, trademarks (both registered and unregistered), tradenames, service names, copyrights, trade secrets and other proprietary information described in the SEC Reports as defined below) being owned or licensed by them or which are necessary for the conduct of their respective businesses as now currently conducted or as proposed to be conducted (including the commercialization of products or services described in the Registration StatementSEC Reports as under development), except where the Pricing Prospectus and failure to own, license or have such rights could not, individually or in the Prospectus aggregate, reasonably be expected to have a Material Adverse Effect (collectively, “Intellectual Property”); except as could not, individually or in the aggregate, reasonably be conducted. Except as would not result in expected to have a Material Adverse Effect, (Ai) there are no third parties who have or, to the Company’s knowledge will be able to establish rights to any of Intellectual Property of the Company or its Subsidiaries, except for, and to the extent of, the ownership rights of third parties to any such the owners of the Intellectual Property owned by which the CompanySEC Reports disclose are licensed to the Company or any of its Subsidiaries; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights its Subsidiaries’ rights, as applicable, in or to any such Intellectual Property, and the Company is and its Subsidiaries are unaware of any facts which would that could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity validity, enforceability or scope of any such Intellectual Property, and the Company is unaware of any facts which would that could form a reasonable basis for any such action, suit, proceeding or claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates infringes or otherwise violates (or would, upon the commercialization of any Intellectual Property product or service described in the SEC Reports as under development, infringe or violate) any patent, trademark, tradename, service name, copyright, trade secret or other proprietary rights of others, and neither the Company nor is unaware of any facts that could form a reasonable basis for any such action, suit, proceeding or claim; (vi) the Company and its Subsidiaries have complied in all material respects with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or any of the Subsidiaries has received any written notice of its Subsidiaries, and all such claimagreements are in full force and effect; and (Fvii) to the Company’s knowledge, there is no employee patent or patent application that contains claims that interfere with the issued or pending claims of any of the Company Intellectual Property or that challenges the validity, enforceability or scope of any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents; and (viii) to the Company’s knowledge, there is no prior art that may render any patent applications, trade application within the Intellectual Property unpatentable that has not been disclosed to the U.S. Patent and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyTrademark Office.

Appears in 5 contracts

Sources: Placement Agency Agreement, Placement Agency Agreement (PLx Pharma Inc.), Placement Agency Agreement (Leap Therapeutics, Inc.)

Intellectual Property. The (i) Subject to the Liens of the outstanding secured senior debt, to the Company’s knowledge, the Company owns or possesses or has the right to use pursuant to a valid and each of its Subsidiaries ownsenforceable written license, possessessublicense, agreement, or can acquire on reasonable terms, permission all Intellectual Property (as defined below) necessary for the conduct operation of their respective businesses the business of the Company as now conducted or as described in presently conducted. (ii) To the Registration StatementCompany’s knowledge, the Pricing Prospectus and the Prospectus to be conducted. Except as would Intellectual Property does not result in a Material Adverse Effectinterfere with, (A) there are no infringe upon, misappropriate, or otherwise come into conflict with, any Intellectual Property rights of third parties to parties, and the Company has no knowledge that facts exist which indicate a likelihood of the foregoing. The Company has not received any charge, complaint, claim, demand, or notice alleging any such interference, infringement, misappropriation, or conflict (including any claim that the Company must license or refrain from using any Intellectual Property owned by the Company; (B) to rights of any third party). To the knowledge of the Company, there is no infringementthird party has interfered with, misappropriation infringed upon, misappropriated, or violation by third parties of otherwise come into conflict with, any such Intellectual Property; (C) there is no pending or, to the knowledge Property rights of the Company. (iii) With respect to each Licensed Intellectual Property Agreement: (A) The Licensed Intellectual Property Agreement is legal, threatenedvalid, actionbinding, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Propertyenforceable, and the Company is unaware of any facts which would form a reasonable basis for any such claim; in full force and effect; (DB) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to To the Company’s knowledge, no employee party to the Licensed Intellectual Property Agreement is in breach or default, and no event has occurred that with notice or lapse of time would constitute a breach or default or permit termination, modification, or acceleration thereunder, which as to any such breach, default or event could have a Material Adverse Effect on the Company; (C) No party to such Licensed Intellectual Property Agreement has repudiated any provision thereof; (D) Except as set forth in such Licensed Intellectual Property Agreement, the Company has not received written or verbal notice or otherwise has knowledge that the underlying item of Intellectual Property is subject to any outstanding injunction, judgment, order, decree, ruling, or charge; and (E) Except as set forth on Schedule 3.16, the Company has not granted any sublicense or similar right with respect to the license, sublicense, agreement, or permission. (iv) The Company has complied with and is presently in compliance with all foreign, federal, state, local, governmental (including, but not limited to, the Federal Trade Commission and State Attorneys General), administrative, or regulatory laws, regulations, guidelines, and rules applicable to any personal identifiable information. (v) Each Person who participated in the creation, conception, invention or development of the Intellectual Property currently used in the business of the Company (each, a “Developer”) which is not licensed from third parties has executed one or any of its Subsidiaries is in or more agreements containing industry standard confidentiality, work for hire and assignment provisions, whereby the Developer has ever been in violation of any term of any employment contractassigned to the Company all copyrights, patent disclosure agreementrights, invention Intellectual Property rights and other rights in the Intellectual Property, including all rights in the Intellectual Property that existed prior to the assignment agreement, of rights by such Person to the Company. (vi) Developer has signed a perpetual non-competition agreement, non-solicitation agreement, nondisclosure disclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyCompany.

Appears in 5 contracts

Sources: Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.)

Intellectual Property. The Company Company, the Operating Partnership and each of its the Subsidiaries ownsown, possessespossess, license or have other rights to use, use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyproperty (collectively, the “Intellectual Property”) necessary for the conduct of their business as now conducted and can independently develop or acquire any additional Intellectual Property necessary for the conduct of their business as proposed in the Time of Sale Information to be conducted, except where the failure to own, possess, license or have other rights to use or acquire would not reasonably be expected, singly or in the aggregate, to result in a Material Adverse Effect. Except as set forth in the Time of Sale Information, (a) no party has been granted an exclusive license to use any portion of such Intellectual Property owned by the Company, the Operating Partnership, or the Subsidiaries; (b) to the knowledge of the Transaction Entities, there is no material infringement by third parties of any such Intellectual Property owned by the Company, the Operating Partnership, or the Subsidiaries; (c) there is no pending or, to the knowledge of the Transaction Entities, threatened action, suit, proceeding or claim by others challenging either of the Transaction Entities in or to any material Intellectual Property owned by the Company, the Operating Partnership, or the Subsidiaries, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (d) to the knowledge of the Transaction Entities, there is no pending or threatened action, suit, proceeding or claim by others challenging the validity or scope of any Intellectual Property owned by the Company, or the Subsidiaries, and the Company is unaware of any facts which would form a reasonable basis for any such claim; and (e) there is no pending or, to the knowledge of the Transaction Entities, threatened action, suit, proceeding or claim by others that the business of the Company, the Operating Partnership and the Subsidiaries, as now conducted infringes or otherwise violates any patent, trademark, copyright, trade secret or other proprietary rights of others, and the Transaction Entities are unaware of any other fact which would form a reasonable basis for any such claim.

Appears in 4 contracts

Sources: Underwriting Agreement (Piedmont Office Realty Trust, Inc.), Underwriting Agreement (Piedmont Office Realty Trust, Inc.), Underwriting Agreement (Piedmont Realty Trust, Inc.)

Intellectual Property. The Company owns or possesses or has valid rights to use all patents, patent applications, trademarks, service marks, trade names, trademark registrations, service mark registrations, copyrights, licenses, inventions, trade secrets and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all similar rights (“Intellectual Property (as defined belowRights”) necessary for the conduct of their respective businesses the business of the Company as now conducted or currently carried on and as described in the Registration StatementStatement and the Prospectus, except as would not be reasonably likely to result in a Material Adverse Change. To the Pricing Prospectus knowledge of the Company, no action or use by the Company necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of, or license or similar fees for, any Intellectual Property Rights of others, except where such action, use, license or fee is not reasonably likely to result in a Material Adverse Change. The Company has not received any notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not result reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and ; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; (EC) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; (D) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claimclaim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries Company, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement and the Prospectus and are not described therein. The Registration Statement and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its Subsidiaries. “Intellectual Property” shall mean all patentsofficers, patent applicationsdirectors or employees, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyor otherwise in violation of the rights of any persons.

Appears in 4 contracts

Sources: Sales Agreement (Tonix Pharmaceuticals Holding Corp.), Sales Agreement (Tonix Pharmaceuticals Holding Corp.), Sales Agreement (Cosmos Holdings Inc.)

Intellectual Property. The Each of the Company and each of its Subsidiaries ownssubsidiaries owns or has the valid right to use all patents, possessestrademarks, or can acquire on reasonable termsservice marks, all trade names, trade dress, domain names, copyrights, licenses, trade secrets, inventions, technology, software, systems, know-how, confidential business information and other intellectual property and proprietary rights (collectively, “Intellectual Property (as defined belowRights”) necessary for or otherwise material to the conduct of their respective businesses as the business now conducted or as described proposed in the Registration StatementGeneral Disclosure Package to be conducted by them, the Pricing Prospectus and the Prospectus to be conductedexpected expiration of any such Intellectual Property Rights would not, individually or in the aggregate, have a Material Adverse Effect. Except as disclosed in the General Disclosure Package or as would not result not, individually or in the aggregate, have a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Ba) to the knowledge of the Company, there is no infringementthird party has infringed, misappropriation misappropriated, diluted or violation otherwise violated in any material respect any Intellectual Property rights of the Company or any of its subsidiaries, and no claims for any of the foregoing have been brought against any third party by third parties of any such Intellectual Propertythe Company or its subsidiaries; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Db) the Intellectual Property Rights owned by the Company and each of the Subsidiariesits subsidiaries and, and to the knowledge of the Company, the Intellectual Property licensed to the CompanyCompany and its subsidiaries, in each case, which Intellectual Property Rights are material to the business of the SubsidiariesCompany and its subsidiaries, has have not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding proceeding, investigation or claim by others challenging the validity validity, enforceability, scope, issuance/registration, use or scope ownership of any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ec) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates misappropriates, dilutes or otherwise violates in any material respect any Intellectual Property or other proprietary rights Rights of others, and neither the Company nor any of the Subsidiaries its subsidiaries has received any written notice of any such claim, and the Company is unaware of any facts which would form a reasonable basis for any such claim; and (Fd) to none of the Company’s knowledge, no employee Intellectual Property Rights used by the Company or its subsidiaries in their businesses has been obtained or is being used by the Company or its subsidiaries in violation of any contractual obligation binding on the Company or any of its Subsidiaries is in or subsidiaries; and (e) each of the Company and its subsidiaries has ever been in violation taken commercially reasonable steps to maintain and protect all Intellectual Property Rights that are material to the conduct of any term its business, and to obtain proper ownership of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of all such violation relates to such employee’s employment with Intellectual Property Rights developed for the Company or any of its Subsidiaries subsidiaries by its employees or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertycontractors.

Appears in 4 contracts

Sources: Underwriting Agreement (Orion Energy Systems, Inc.), Underwriting Agreement (Orion Energy Systems, Inc.), Underwriting Agreement (Orion Energy Systems, Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownssubsidiaries own, possessespossess, license or can acquire on reasonable termshave other rights to use, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyproperty (collectively, the “Intellectual Property”) necessary for the conduct of the Company and its subsidiaries’ business in all material respects as now conducted or as proposed in the SEC Reports to be conducted; and except as described in the SEC Reports, (a) there are no rights of third parties to any such Intellectual Property, including no liens, security interests or other encumbrances; (b) to the Company’s knowledge, there is no material infringement by third parties of any such Intellectual Property; (c) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the Company’s or its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts, which could form a reasonable basis for any such material action, suit, proceeding or claim; (d) such Intellectual Property that is described in the SEC Reports has not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part; (e) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property that is owned or licensed by the Company or its subsidiaries, including interferences, oppositions, reexaminations or government proceedings; (f) there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company infringes, misappropriates, or otherwise violates any patent, trademark, copyright, trade secret or other proprietary rights of others; and (g) to the Company’s knowledge, each Company employee involved with the development of Intellectual Property has entered into an invention assignment agreement with the Company.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Kiora Pharmaceuticals Inc), Securities Purchase Agreement (Adagio Medical Holdings, Inc.), Securities Purchase Agreement (Alto Neuroscience, Inc.)

Intellectual Property. The Except as disclosed in the Registration Statement and the Prospectus, the Company and each of its Subsidiaries ownsown, possessespossess, license or can acquire on reasonable termshave other rights to use all foreign and domestic patents, all patent applications, trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, know-how and other intellectual property (collectively, the “Intellectual Property (as defined below) Property”), necessary for the conduct of their respective businesses as now conducted except to the extent that the failure to own, possess, license or as described otherwise hold adequate rights to use such Intellectual Property would not, individually or in the Registration Statementaggregate, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in have a Material Adverse Effect. Except as disclosed in the Registration Statement and the Prospectus (i) to the Company’s knowledge, (A) there are no rights of third parties to any such Intellectual Property owned by the CompanyCompany and its Subsidiaries other than any co-owner of any patent or patent application constituting Intellectual Property who is listed as such on the records of the U.S. Patent and Trademark Office; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s and its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of and its Subsidiaries infringes, misappropriates infringe or otherwise violates violate any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fvi) to the Company’s knowledge, there is no employee third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135) has been commenced against any patent or patent application described in the Prospectus as being owned by or licensed to the Company; and (vii) the Company and its Subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or its Subsidiaries, and all such agreements are in full force and effect (except for agreements that have been terminated), except, in the case of any of its Subsidiaries is in or has ever been in violation of clauses (i)-(vii) above, for any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement such infringement by third parties or any restrictive covenant such pending or threatened suit, action, proceeding or claim as would not, individually or in the aggregate, reasonably be expected to or with result in a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyMaterial Adverse Effect.

Appears in 4 contracts

Sources: Open Market Sale Agreement (Akebia Therapeutics, Inc.), Sales Agreement (Akebia Therapeutics, Inc.), Sales Agreement (Akebia Therapeutics, Inc.)

Intellectual Property. The (i) All material Intellectual Property Rights used in, or held in relation to the Business are set forth in Schedule 5.8(i). Except for material Intellectual Property Rights licensed to an Acquired Company and each of its Subsidiaries ownsdesignated as such in Schedule 5.8(i), possesses, the Company owns or can acquire on reasonable terms, all has the right to use the material Intellectual Property Rights free from any material Encumbrances, except as set forth in Schedule 5.8(i). (as defined belowii) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result set forth in a Material Adverse EffectSchedule 5.8(ii), (A) there are, and have been, no proceedings, actions or claims and no proceedings, actions or claims are no rights pending or threatened, impugning the title, validity or enforceability of third parties to any such of the material Intellectual Property owned by the Company; Rights or claiming any right or interest in such material Intellectual Property Rights. (Biii) Except as set forth in Schedule 5.8(iii), to the knowledge Sellers’ Knowledge, there is, and has been, no infringement of any material Intellectual Property Rights and none is pending or threatened. (iv) Except as set forth in Schedule 5.8(iv), there is, and has been, no infringement by any Acquired Company of any Intellectual Property of a third party. (v) Except as set forth in Schedule 5.8(v), no Acquired Company is infringing or making unauthorized use of the Company, there is Intellectual Property of any third party and no infringement, misappropriation notice or violation by third parties allegation of any such Intellectual Property; infringement or unauthorized use has been received by any Acquired Company. (Cvi) there is Except as set forth in Schedule 5.8(vi), no pending orAcquired Company is, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceablebeen, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation breach of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement licenses or any restrictive covenant to or other agreements entered into with a former employer where third party under which such Acquired Company is granted rights to use any of the basis material Intellectual Property Rights, and to the Sellers’ Knowledge, none of such violation relates to third parties are in breach of such employee’s employment with the Company license or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “other agreement regarding material Intellectual Property” shall mean Property Rights. (vii) Except as set forth in Schedule 5.8(vii), all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how material royalty and other intellectual propertymaterial payments due under the license and other agreements entered into by any Acquired Company and relating to any material Intellectual Property Rights have been paid, and to the Sellers’ Knowledge, are not subject to any dispute.

Appears in 4 contracts

Sources: Share Sale and Purchase Agreement, Share Sale and Purchase Agreement (Invitrogen Corp), Share Sale and Purchase Agreement (Invitrogen Corp)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or or, to the knowledge of the Company, can acquire on reasonable terms, all material Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, except as such action, suit, proceeding or claim would not result in a Material Adverse Effect, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, except as such action, suit, proceeding or claim would not result in a Material Adverse Effect, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, except as such action, suit, proceeding or claim would not result in a Material Adverse Effect, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 4 contracts

Sources: Underwriting Agreement (Viking Therapeutics, Inc.), Underwriting Agreement (Viking Therapeutics, Inc.), Underwriting Agreement (Viking Therapeutics, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or to the knowledge of the Company can acquire on reasonable terms, all material Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual PropertyProperty owned or licensed by the Company; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual PropertyProperty owned or licensed by the Company, and to the Company is unaware knowledge of any the Company, there are no facts which that would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and to the Company is unaware knowledge of any the Company, there are no material facts which that would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and to the knowledge of the Company, there are no material facts that would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how technology and other intellectual property.

Appears in 4 contracts

Sources: Underwriting Agreement (ENDRA Life Sciences Inc.), Underwriting Agreement (ENDRA Life Sciences Inc.), Underwriting Agreement (ENDRA Life Sciences Inc.)

Intellectual Property. (a) Each of the Group Companies owns all right, title and interest in and to, free and clear of all Liens, or has all necessary and valid rights to use, all of the Company Intellectual Property, and no item of the Company Intellectual Property is subject to any outstanding Order. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for is valid, enforceable, and subsisting, in full force and effect, and has not been cancelled, expired or abandoned. There is no notice, claim or assertion that any item of the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Company Intellectual Property owned by the Company; (B) to the knowledge of the Company, is invalid and there is no infringementactual, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the best knowledge of the any Group Company, threatenedthreatened claim, action, suitopposition, re-examination, interference or cancellation proceeding with respect thereto. Section 4.11(a) of the Disclosure Schedule sets forth a complete and accurate list of each item of the Company Intellectual Property. (b) None of the Group Companies has interfered with, infringed upon, misappropriated or claim by others challenging the Company’s or violated any Subsidiary’s Intellectual Property rights in or of third parties due to any such its use of Company Intellectual Property, and the Company or has received any charge, complaint, claim, demand or notice alleging any such interference, infringement, misappropriation or violation, nor is unaware any of such Group Companies aware of any facts which would form a reasonable basis for therefor. No third party has interfered with, infringed upon, misappropriated or violated any Intellectual Property rights of such claim; (D) the Group Companies. There are no outstanding options, licenses or agreements of any kind granted by any Group Company relating to Intellectual Property owned by any Group Company, and such Group Company is not bound by or a party to any options, licenses or agreements of any kind with respect to Intellectual Property owned by any other person or entity, except for standard end-user agreements with respect to commercially available Intellectual Property such as “off the shelf” computer software all of which are valid and fully paid. (c) The Group Companies have used reasonable best efforts to protect their title and ownership in the Company Intellectual Property and each the confidentiality of their trade secrets. (d) None of the SubsidiariesGroup Companies is aware that any of its officers or employees or consultants is obligated under any Contract, and or subject to any Order, that would interfere with the knowledge use of his best efforts to promote the interests of such Group Company or that would conflict with the business as currently conducted or as proposed to be conducted by such Group Company, or that would prevent such officers or employees or consultants from assigning to such Group Company all Intellectual Property conceived, developed or reduced to practice in connection with services rendered to such Group Company. Neither the execution nor delivery of this Agreement nor the carrying on of the business as currently conducted or as proposed to be conducted by any Group Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending orwill, to the best knowledge of the any Group Company, threatened actionconflict with or result in a breach of the terms, suitconditions or provisions of, proceeding or claim by others challenging the validity constitute a violation or scope of default under, any such Intellectual Property, and the Company is unaware Contract or Order under which any of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge officers or employees are currently obligated. None of the Company, threatened action, suit, proceeding Group Companies believes it is or claim by others that the Company or will be necessary to utilize any inventions of any of its Subsidiaries infringes, misappropriates officers or otherwise violates any Intellectual Property employees (or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fpeople it currently intends to hire) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant made prior to or with a former employer where outside the basis scope of their employment by such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyGroup Company.

Appears in 4 contracts

Sources: Share Subscription Agreement (9F Inc.), Share Subscription Agreement (9F Inc.), Share Subscription Agreement (9F Inc.)

Intellectual Property. The Company and each of and/or its Subsidiaries owns, possessesown, or can acquire on reasonable termshave obtained valid and enforceable licenses for, all Intellectual Property or other rights to use, the inventions, patent applications, patents, trademarks (both registered and unregistered), tradenames, service names, copyrights, trade secrets and other intellectual property described in the Registration Statement or the Prospectus as defined below) being owned or licensed by them or which are necessary for the conduct of their respective businesses as now currently conducted or as currently proposed to be conducted that cover the products or product candidates described in the Registration Statement, the Pricing Prospectus and Statement or the Prospectus as under development (collectively, “Intellectual Property”), except where the failure to own, license or have such rights could not, individually or in the aggregate, reasonably be conducted. Except as would not result in expected to have a Material Adverse Effect, . To the Company’s knowledge: (Ai) there are no third parties who have or who will be able to establish rights to any of the patents or patent applications of the Company or its Subsidiaries, except for, and to the extent of, the ownership rights of third parties to any such the owners of the Intellectual Property owned by which the CompanyRegistration Statement or the Prospectus disclose are licensed to the Company or any of its Subsidiaries; (Bii) to the knowledge of the Company, there is no infringement, misappropriation or violation infringement by third parties of any such of the Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company, threatened, or threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights its Subsidiaries’ rights, as applicable, in or to any such Intellectual Property, and the Company is and its Subsidiaries are unaware of any facts which would that could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity validity, enforceability or scope of any such Intellectual Property, and the Company is unaware of any facts which would that could form a reasonable basis for any such action, suit, proceeding or claim; (Ev) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates infringes or otherwise violates (or would, upon the commercialization of any Intellectual Property product or service described in the Registration Statement and the Prospectus as under development, infringe or violate) any patent, trademark, tradename, service name, copyright, trade secret or other proprietary rights of others, and neither the Company nor is unaware of any of the Subsidiaries has received facts that could form a reasonable basis for any written notice of such action, suit, proceeding or claim; and (Fvi) to the Company’s knowledge, no employee of the Company or any of and/or its Subsidiaries is have complied in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment all material respects with the Company or any terms of its Subsidiaries or actions undertaken by the employee while employed with each agreement pursuant to which Intellectual Property has been licensed to the Company or any of its Subsidiaries. “, and all such agreements are in full force and effect; (vii) there is no patent or patent application that contains claims that interfere with the issued or pending claims of any of the Intellectual Property or that challenges the validity, enforceability or scope of any of the Intellectual Property” shall mean all patents, ; and (viii) there is no prior art that may render any patent applications, trade application within the Intellectual Property unpatentable that has not been disclosed to the U.S. Patent and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyTrademark Office.

Appears in 4 contracts

Sources: Distribution Agreement (Brainstorm Cell Therapeutics Inc.), Distribution Agreement (Brainstorm Cell Therapeutics Inc.), Distribution Agreement (Brainstorm Cell Therapeutics Inc.)

Intellectual Property. The Company and each of Company, to its Subsidiaries knowledge, owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conductedconducted in all material respects. Except as would not result set forth in a Material Adverse Effectthe SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; Property (CB) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any material facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has have not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any material facts which would form a reasonable basis for any such claim; (ED) to the Company’s knowledge, there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and the Company is unaware of any other material fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no Company employee is obligated under any contract (including licenses, covenants or commitments of any nature) or other agreement, or subject to any judgment, decree or order of any court or administrative agency, that would interfere with the use of such employee’s best efforts to promote the interest of the Company or that would conflict with the Company’s business; none of the execution and delivery of this Agreement, the carrying on of the Company’s business by the employees of the Company, and the conduct of the Company’s business as proposed, will conflict with or result in a breach of terms, conditions, or provisions of, or constitute a default under, any contract, covenant or instrument under which any such employee is now obligated; and it is not and will not be necessary to use any inventions, trade secrets or proprietary information of any of its Subsidiaries consultants, or its employees (or Persons it currently intends to hire) made prior to their employment by the Company, except for technology that is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant licensed to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken owned by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyCompany.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Second Sight Medical Products Inc), Securities Purchase Agreement (Second Sight Medical Products Inc), Securities Purchase Agreement (Second Sight Medical Products Inc)

Intellectual Property. The Except as disclosed in the Registration Statement, the Time of Sale Prospectus and the Prospectus, the Company and each of its Subsidiaries ownsown, possessespossess, license or have other rights to use, or can acquire could obtain on commercially reasonable terms, all foreign and domestic patents, patent applications, trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, know-how and other intellectual property (collectively, the “Intellectual Property (as defined below) Property”), necessary for the conduct of their respective businesses as now conducted except to the extent that the failure to own, possess, license or otherwise hold adequate rights to use such Intellectual Property would not, individually or in the aggregate, have a Material Adverse Effect. Except as described disclosed in the Registration Statement, the Pricing Time of Sale Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (Ai) there are no rights of third parties to any such Intellectual Property owned by the CompanyCompany and its Subsidiaries, except for licenses granted in the ordinary course to third parties, or that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s and its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of and its Subsidiaries infringes, misappropriates infringe or otherwise violates violate any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fvi) to the Company’s knowledge, there is no employee third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135), or the equivalent in any other jurisdiction, has been commenced against any patent or patent application described in the Registration Statement, the Time of Sale Prospectus and the Prospectus as being owned by or licensed to the Company; and (vii) the Company and its Subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or such Subsidiary, and all such agreements are in full force and effect, except, in the case of any of its Subsidiaries is in or has ever been in violation of clauses (i)-(vii) above, for any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement such infringement by third parties or any restrictive covenant such pending or threatened suit, action, proceeding or claim as would not, individually or in the aggregate, reasonably be expected to or with have a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyMaterial Adverse Effect.

Appears in 4 contracts

Sources: Underwriting Agreement (Edesa Biotech, Inc.), Underwriting Agreement (Allena Pharmaceuticals, Inc.), Underwriting Agreement (Allena Pharmaceuticals, Inc.)

Intellectual Property. The (a) To the best of its knowledge, the Company and has entered into agreements with each of its Subsidiaries ownscurrent and former officers, possessesemployees and consultants involved in research and development work, including development of the Company’s products and technology providing the Company, to the extent permitted by law, with title and ownership to patents, patent applications, trade secrets and inventions conceived, developed, reduced to practice by such person, solely or can acquire on reasonable termsjointly with other of such persons, during the period of employment by the Company except where the failure to have entered into such an agreement would not have a Material Adverse Effect. The Company is not aware that any of its employees or consultants is in material violation thereof. (b) To the Company’s knowledge, the Company owns or possesses adequate rights to use all trademarks, service marks, trade names, domain names, copyrights, patents, patent applications, inventions, know how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), and other intellectual property rights (“Intellectual Property (Property”) as defined below) are necessary for the conduct of their respective businesses as now conducted or its business as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conductedCommission Documents. Except as would not result described in a Material Adverse Effectthe SEC Documents, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others against the Company challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiariesand, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceableunenforceable by a court of competent jurisdiction or applicable government agency, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others against the Company that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim; and (Fv) to the Company’s knowledge, no employee of the Company is the subject of any claim or any of its Subsidiaries is in or has ever been in proceeding involving a violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company Company, in each of (i) through (v), for any instances which would not, individually or any of its Subsidiaries. “Intellectual Property” shall mean all patentsin the aggregate, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyresult in a Material Adverse Effect.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Oragenics Inc), Stock Purchase Agreement (Oragenics Inc), Stock Purchase Agreement

Intellectual Property. The (a) Except as could not reasonably be expected, individually or in the aggregate, to prevent or materially delay consummation of any of the Transactions or otherwise prevent or materially delay the Company from performing its obligations under this Agreement and could not reasonably be expected, individually or in the aggregate, to have a Company Material Adverse Effect: (i) to the knowledge of the Company, the Company and each of its the Company Subsidiaries owns, possesses, own or can acquire on reasonable terms, are licensed to use all Intellectual Property (as defined below) used in or necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be currently conducted. Except as would not result in a Material Adverse Effect, ; (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bii) to the knowledge of the Company, there is no infringement, misappropriation the conduct of the business of the Company and the Company Subsidiaries as currently conducted does not infringe upon or violation by third parties misappropriate the Intellectual Property rights of any such Intellectual Property; third party; (Ciii) there is are no claims or suits pending or, to the knowledge of the CompanyCompany and except as set forth in Section 3.13(a)(iii) of the Company Disclosure Schedule, threatened, action, suit, proceeding threatened against the Company or claim by others any Company Subsidiary (A) alleging that the conduct of the business of the Company or any Company Subsidiary as currently conducted infringes upon or misappropriates the Intellectual Property rights of any third party or (B) challenging the Company’s ownership, use, validity or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware enforceability of any facts which would form a reasonable basis for any such claim; (D) the item of Intellectual Property owned by the Company and each or a Company Subsidiary (“Company Owned Intellectual Property”); (iv) with respect to the Company Owned Intellectual Property, the Company or a Company Subsidiary is the owner of the Subsidiariesentire right, title and interest in and to such Company Owned Intellectual Property, free and clear of all liens, encumbrances and other restrictions, and is entitled to use such Company Owned Intellectual Property in the continued operation of its respective business; (v) there are no settlements, forbearances to s▇▇, consents, judgments, orders or similar obligations which (A) restrict the business of the Company or any Company Subsidiary in or under any Intellectual Property rights of any third party; or (B) permit any third party to use any Company Owned Intellectual Property; (vi) Section 3.13(a)(vi) of the Company Disclosure Schedule sets forth each item of material Intellectual Property licensed to the Company or a Company Subsidiary (“Company Licensed Intellectual Property”), and the Company or a Company Subsidiary has the right to use such Company Licensed Intellectual Property in the continued operation of its respective business in accordance with the terms of the license agreement governing such Company Licensed Intellectual Property and the Company and the Company Subsidiaries have used such Company Licensed Intellectual Property in accordance with the terms of such license agreement; (vii) to the knowledge of the Company, the Company Owned Intellectual Property licensed to the Companyis valid and enforceable, each of the Subsidiaries, and has not been adjudged invalid or unenforceable, unenforceable in whole or in part, and there is no pending or, ; (viii) to the knowledge of the Company, threatened action, suit, proceeding no person is engaging in any activity that infringes upon or claim by others challenging misappropriates the validity or scope of any such Company Owned Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; ; (Eix) there is no pending or, to the knowledge of the Company, threatened actioneach license of the Company Licensed Intellectual Property is valid and enforceable, suitis binding on all parties to such license, proceeding and is in full force and effect; (x) to the knowledge of the Company, no party to any license of the Company Licensed Intellectual Property is in breach thereof or claim default thereunder; and (xi) neither the execution of this Agreement nor the consummation of any Transaction will adversely affect any of the Company’s or Company Subsidiaries’ rights with respect to the Company Owned Intellectual Property or the Company Licensed Intellectual Property. (b) Except as could not reasonably be expected, individually or in the aggregate, to have a Company Material Adverse Effect, the Company and Company Subsidiaries have taken commercially reasonable actions to protect each item of Company Owned Intellectual Property. The Company and Company Subsidiaries have policies of (i) obtaining assignments from all technical employees and consultants, who are involved in any way in the research, development or invention of technology, of all of their rights in the technology created by others that them within the scope of their employment during such employment and (ii) requiring all directors who are involved in an executive capacity with the Company or any a Company Subsidiary, officers, management employees, and technical and professional employees of its the Company and Company Subsidiaries infringes, misappropriates to enter into written agreements with the Company or otherwise violates any Intellectual Property Company Subsidiaries to maintain in confidence all confidential or other proprietary rights information acquired by them in the course of others, their employment. The Company and Company Subsidiaries enforce the foregoing policies in a manner consistent with industry standard practices and neither the Company nor the Company Subsidiaries are aware of any violations of the Subsidiaries foregoing policies. (c) The Company or any Company Subsidiary has received not agreed to indemnify any written notice third party for or against any infringement or misappropriation with respect to any third party Intellectual Property other than in the ordinary course of such claim; and business. (Fd) to The consummation of the Company’s knowledge, no employee Transactions will not result in the Company or any Company Subsidiary being bound by any non-compete or other restriction on the operation of any business of the Company or any of its Subsidiaries is Company Subsidiary, or in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with grant by the Company or any Company Subsidiary of its Subsidiaries any rights or actions undertaken by the employee while employed with the licenses to any Company Owned Intellectual Property. (e) The Company or any Company Subsidiary has not licensed any Company Owned Intellectual Property to any third party other than in the ordinary course of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertybusiness.

Appears in 3 contracts

Sources: Merger Agreement (Chippac Inc), Agreement and Plan of Merger and Reorganization (Temasek Holdings LTD), Merger Agreement (Chippac Inc)

Intellectual Property. The (a) Section 4.12(a) of the Company Disclosure Schedule identifies (i) the name of the applicant/registrant, (ii) the jurisdiction of application/registration, (iii) the application or registration number and (iv) any other co-owners, for each item of Registered IP owned in whole or in part by the Company or its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted“Company Owned Registered IP”). Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging To the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Companyknowledge, each of the Subsidiariespatents and patent applications included in the Company Owned Registered IP properly identifies by name each and every inventor of the inventions claimed therein as determined in accordance with applicable Laws of the United States. (A) To the Company’s knowledge, the Company Owned Registered IP is valid, enforceable and subsisting, (B) none of the Company Owned Registered IP has not been adjudged invalid withdrawn, cancelled or unenforceable, in whole or in partabandoned, and there (C) all application, registration, issuance, renewal and maintenance fees due for the Company Owned Registered IP having a due date on or before the date hereof have been paid in full and are current. To the Company’s knowledge, the Company has complied with 37 CR 1.56, as appliable, with respect to each item of Company Owned Registered IP and each patent application from which such Company Owned Registered IP claims priority. As of the Agreement Date, no interference, opposition, reissue, reexamination or other proceeding of any nature (other than initial examination proceedings) is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee threatened in writing, in which the scope, validity, enforceability or ownership of any Company Owned Registered IP is being or has been contested or challenged, except as would not reasonably be expected to, individually or in the aggregate, have a Company Material Adverse Effect. (i) The Company or its Subsidiaries solely owns all right, title and interest in and to all Company IP (other than as disclosed in Section 4.12 of the Company Disclosure Schedule and except for any failure to own or any have such right to use, or have the right to bring actions that would not reasonably be expected to have a Company Material Adverse Effect), free and clear of its Subsidiaries is in or all Encumbrances other than Permitted Liens and, to the Company’s knowledge, has ever been in violation of any term of any employment contractthe right, patent disclosure agreement, invention assignment agreement, nonpursuant to a Company In-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant bound License to or with a former employer where the basis of such violation relates to such employee’s employment with use all other material Intellectual Property Rights used by the Company or any of its Subsidiaries or actions undertaken by in their respective businesses as currently conducted and as proposed to be conducted. (ii) To the employee while employed with Company’s knowledge, the Company IP and the Intellectual Property Rights licensed to the Company or any its Subsidiaries pursuant to a Company In-bound License (the “Company In-Licensed IP”) are all the Intellectual Property Rights necessary to operate the business of the Company and its SubsidiariesSubsidiaries as currently conducted and as proposed to be conducted as of the date hereof. “Intellectual Property” shall mean all patentsTo the Company’s knowledge, each of the patents and patent applications, trade applications included in the Company In-Licensed IP properly identifies by name each and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.every inventor of the inventions claimed therein as determined in accordance with applicable Laws of the

Appears in 3 contracts

Sources: Agreement and Plan of Merger (XOMA Royalty Corp), Agreement and Plan of Merger (Turnstone Biologics Corp.), Agreement and Plan of Merger (Turnstone Biologics Corp.)

Intellectual Property. The Company Company, the Operating Partnership and each of its the Subsidiaries ownsown, possessespossess, license or have other rights to use, use, or can acquire on reasonable termsall patents, all trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, know-how and other intellectual property (collectively, the “Intellectual Property (as defined belowProperty”) necessary for the conduct of their respective businesses business as now conducted and can independently develop or acquire any additional Intellectual Property necessary for the conduct of their business as described proposed in the Registration Statement, the Pricing Prospectus and the Prospectus General Disclosure Package to be conducted. Except as , except where the failure to own, possess, license or have other rights to use or acquire would not reasonably be expected, singly or in the aggregate, to result in a Material Adverse Effect. Except as set forth in the General Disclosure Package, (Aa) no party has been granted an exclusive license to use any portion of such Intellectual Property owned by the Company, the Operating Partnership, or the Subsidiaries; (b) to the knowledge of the Transaction Entities, there are is no rights of material infringement by third parties to of any such Intellectual Property owned by the Company, the Operating Partnership, or the Subsidiaries; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (Cc) there is no pending or, to the knowledge of the CompanyTransaction Entities, threatened, threatened action, suit, proceeding or claim by others challenging either of the Company’s or any Subsidiary’s rights Transaction Entities in or to any such material Intellectual PropertyProperty owned by the Company, the Operating Partnership, or the Subsidiaries, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Dd) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the CompanyTransaction Entities, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual PropertyProperty owned by the Company, or the Subsidiaries, and the Company is unaware of any facts which would form a reasonable basis for any such claim; and (Ee) there is no pending or, to the knowledge of the CompanyTransaction Entities, threatened action, suit, proceeding or claim by others that the Company or any business of its Subsidiaries infringesthe Company, misappropriates the Operating Partnership and the Subsidiaries, as now conducted infringes or otherwise violates any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor Transaction Entities are unaware of any of the Subsidiaries has received other fact which would form a reasonable basis for any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Equity Distribution Agreement (Piedmont Office Realty Trust, Inc.), Equity Distribution Agreement (Piedmont Office Realty Trust, Inc.), Equity Distribution Agreement (Piedmont Office Realty Trust, Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownssubsidiary own, possessespossess, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined belowi) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A3(m)(i) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation Disclosure Schedule identifies each patent or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such registered Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property or application therefor, owned by the Company and each or any of the its Subsidiaries, and each material written license or other agreement or material oral agreement that would be reasonably considered to the knowledge of the Company, the Intellectual Property licensed exist (excluding off-the-shelf software license agreements) pursuant to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringeshas granted to any third party, misappropriates or otherwise violates has been granted by any third party, any rights in the Intellectual Property. (ii) With respect to each material item of Intellectual Property other than the license agreements identified in §3(m)(i) of the Disclosure Schedule, and except as otherwise indicated on §3(m)(i) of the Disclosure Schedule: (A) the Company and/or its Subsidiaries owns all right, title and interest in and to such item of Intellectual Property, free and clear of any Security Interest, license or other proprietary rights restriction; (B) to the Knowledge of othersthe Company, and such item of Intellectual Property is not subject to any outstanding injunction, judgment, order, decree, ruling or charge; and (C) no action, suit, proceeding, hearing, investigation, written claim or written demand is pending or, to the Knowledge of the Company, is threatened which challenges the legality, validity, enforceability, use or ownership of such item of Intellectual Property; (iii) With respect to each agreement identified in §3(m)(i) of the Disclosure Schedule: (A) neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) its Subsidiaries, nor to the Company’s knowledge, no employee Knowledge of the Company, any other party to any such agreement is in material breach or default thereof; and (B) neither the Company or nor any of its Subsidiaries has repudiated any provision thereof, nor has the Company received any notice that any other party to any such agreement has repudiated any provision thereof; and (C) each such agreement is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant full force and effect as to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “, and the Company has not received any notice that would indicate that any such agreement is not in full force and effect as to each other party thereto. (iv) Neither the Company nor any of its Subsidiaries has received notice of any claim that it is infringing the Intellectual Property” shall mean all patentsProperty of any third party that would have a material effect on the Company or its Subsidiaries, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertythe Company has no Knowledge of any infringement by any third party of any material Intellectual Property owned or used by the Company or any of its Subsidiaries.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Polypore International, Inc.), Stock Purchase Agreement (Polypore International, Inc.), Stock Purchase Agreement (Daramic, LLC)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, has a valid license to use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and its subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus General Disclosure Package and the Prospectus to be conductedconducted (the “Company Intellectual Property”), except as such failure to own, possess, license or acquire such rights would not reasonably be expected to result in a Material Adverse Effect. ”Intellectual Property” means all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property. Except as described in the Registration Statement, in the General Disclosure Package and in the Prospectus or as would not be expected to result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B1) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation by third parties of any such Company Intellectual Property; (C2) there is no pending or, to the knowledge of the Company’s knowledge, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Company Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D3) the Company Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company’s knowledge, the Company Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Company Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E4) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of othersProperty, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (F5) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries. The Company and its subsidiaries have taken reasonable security measures to protect the secrecy and confidentiality of all of the Company Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyexcept where failure to do so would not reasonably be expected to result in a Material Adverse Effect.

Appears in 3 contracts

Sources: Underwriting Agreement (Landsea Homes Corp), Underwriting Agreement (Landsea Homes Corp), Underwriting Agreement (Landsea Homes Corp)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrationsma▇▇ ▇egistrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc)

Intellectual Property. The Company owns or possesses or has valid rights to use all patents, patent applications, trademarks, service marks, trade names, trademark registrations, service ▇▇▇▇ registrations, copyrights, licenses, inventions, trade secrets and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all similar rights (“Intellectual Property (as defined belowRights”) necessary for the conduct of their respective businesses the business of the Company as now conducted or currently carried on and as described in the Registration StatementStatement and the Prospectus, except as would not be reasonably likely to result in a Material Adverse Change. To the Pricing Prospectus knowledge of the Company, no action or use by the Company necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of, or license or similar fees for, any Intellectual Property Rights of others, except where such action, use, license or fee is not reasonably likely to result in a Material Adverse Change. The Company has not received any notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not result reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and ; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; (EC) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; (D) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claimclaim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 6(bb), reasonably be expected to result in a Material Adverse Change; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries Company, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement and the Prospectus and are not described therein. The Registration Statement and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its Subsidiaries. “Intellectual Property” shall mean all patentsofficers, patent applicationsdirectors or employees, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyor otherwise in violation of the rights of any persons.

Appears in 3 contracts

Sources: Sales Agreement (Crown Electrokinetics Corp.), Sales Agreement (Enservco Corp), Sales Agreement (Nymox Pharmaceutical Corp)

Intellectual Property. (a) The Company and each of its Subsidiaries Company, directly or indirectly, owns, possesses, or can acquire on reasonable termsis licensed or otherwise possesses legally enforceable rights to use, all Intellectual Property (Rights that are material to the business of the Company and its Subsidiaries, taken as defined below) necessary for the conduct of their respective businesses a whole, as now currently conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus proposed to be conducted. Except as conducted (the "COMPANY INTELLECTUAL PROPERTY RIGHTS"), except where the failure to do so would not result in have a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by Effect on the Company; . (Bb) Except as disclosed on Schedule 4.21(b), no claims have been asserted to the knowledge of the Company, there is no infringement, misappropriation Company or violation by third parties of any such Intellectual Property; (C) there is no pending Subsidiary in writing or, to the knowledge of the Company, threatened, action, suit, proceeding or claim are threatened by others challenging the Company’s or any Subsidiary’s rights in or to person nor are there any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending orvalid grounds, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; bona fide claims (Ei) there is no pending or, to against the knowledge of the Company, threatened action, suit, proceeding or claim use by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any of the Company Intellectual Property Rights, or other proprietary rights of others, and neither (ii) challenging the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of ownership by the Company or any of its Subsidiaries is in Subsidiaries, or has ever been in violation the validity or effectiveness of any term of the Company Intellectual Property Rights, except for such claims that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on the Company. (c) Neither the Company nor any of its Subsidiaries has any outstanding claim or suit for, and the Company has no knowledge of, any continuing infringement by any other Person of any employment contractCompany Intellectual Property Rights. No Company Intellectual Property Right is subject to any outstanding judgment, patent disclosure agreementinjunction, invention assignment agreementorder, non-competition agreement, non-solicitation agreement, nondisclosure decree or agreement or any restrictive covenant to or with a former employer where restricting the basis of such violation relates to such employee’s employment with use thereof by the Company or any of its Subsidiaries or actions undertaken restricting the licensing thereof by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertySubsidiaries to any Person.

Appears in 3 contracts

Sources: Merger Agreement (Afc Cable Systems Inc), Merger Agreement (Thomas & Betts Corp), Merger Agreement (Afc Cable Systems Inc)

Intellectual Property. The Company and each of its Subsidiaries ownssubsidiary own, possessespossess, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possessespossesses or has valid and enforceable licenses to use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it Subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Time of Sale Prospectus and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire such rights would not reasonably be expected to, individually or in the aggregate, result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, the effect of which would have a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware effect of any facts which would form have a reasonable basis for any such claimMaterial Adverse Effect; (DC) the Intellectual Property owned by the Company and each of the its Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Company and its Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware effect of any facts which would form have a reasonable basis for any such claimMaterial Adverse Effect; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the its Subsidiaries has received any written notice of such claim, the effect of which would have a Material Adverse Effect; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries, the effect of which would have a Material Adverse Effect; and (F) there is no U.S. patent or published U.S. patent application which contains claims that dominate or may dominate any Intellectual Property described in the Registration Statement, Time of Sale Prospectus and the Prospectus as being owned by or licensed to the Company or that interferes with the issued or pending claims of any such Intellectual Property. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Underwriting Agreement (Aptose Biosciences Inc.), Underwriting Agreement (Aptose Biosciences Inc.), Underwriting Agreement (Aptose Biosciences Inc.)

Intellectual Property. The Except as disclosed in the Registration Statement, the Time of Sale Prospectus and the Prospectus, and to the Company’s knowledge, the Company and each of its Subsidiaries ownssubsidiaries own, possessespossess, license or can acquire on reasonable termshave other rights to use all foreign and domestic patents, patent applications, trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, know-how and other intellectual property (including all goodwill associated with the foregoing) (collectively, the “Intellectual Property (as defined below) Property”), necessary for the conduct of their respective businesses as now conducted or as to the development, manufacture, operation and sale of any products and services sold or proposed to be sold by any of the Company or its subsidiaries (including upon commercialization of products or services described in the Registration Statement, the Pricing Time of Sale Prospectus and or the Prospectus as under development) except to be conducted. Except as the extent that the failure to own, possess, license or otherwise hold adequate rights to use such Intellectual Property would not result not, individually or in the aggregate, have a Material Adverse Effect. Except as disclosed in the Registration Statement, the Time of Sale Prospectus and the Prospectus, (Ai) and to the Company’s knowledge, there are no rights of third parties to any such Intellectual Property owned by the Company and its subsidiaries, including no liens, security interest, or other encumbrances (other than the lien and security interest covering the Company’s owned and in-licensed intellectual property granted to ▇▇▇▇▇ Brothers); (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or other violation by third parties of any such Intellectual PropertyProperty by any third party; (Ciii) to the Company’s knowledge, there is no pending or, to the knowledge of the Company, threatened, or threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s and its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company’s knowledge, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity validity, scope or scope enforceability of any such Intellectual Property; and (v) to the Company’s knowledge, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of and its Subsidiaries infringessubsidiaries infringe, misappropriates misappropriate or otherwise violates violate any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others. The Company has taken reasonable steps in accordance with normal industry practice to maintain the confidentiality of all Intellectual Property, and neither the value of which to the Company nor any is contingent upon maintaining the confidentiality thereof. All founders, current and former employees, contractors, consultants and other parties materially involved in the development of Intellectual Property for the Subsidiaries Company have signed confidentiality and invention assignment agreements with the Company, pursuant to which the Company either (x) has received any written notice obtained ownership of and is the exclusive owner of such claim; and Intellectual Property, or (Fy) has obtained a valid right to exploit such Intellectual Property, sufficient for the Company’s knowledge, no employee of the Company or any conduct of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertybusiness as currently conducted.

Appears in 3 contracts

Sources: Underwriting Agreement (Evofem Biosciences, Inc.), Underwriting Agreement (Evofem Biosciences, Inc.), Underwriting Agreement (Evofem Biosciences, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or or, to the knowledge of the Company, can acquire on reasonable terms, all material Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, and except as described in the Registration Statement, in the Time of Sale Disclosure Package and in the Prospectus, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in or reasonably be expected to have a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, except as such action, suit, proceeding or claim would not result in or reasonably be expected to have a Material Adverse Effect,, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries or its subsidiaries has received any written notice of such claim, except as such action, suit, proceeding or claim would not result in or reasonably be expected to have a Material Adverse Effect, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in or reasonably be expected to have a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Underwriting Agreement (OptimizeRx Corp), Underwriting Agreement (OptimizeRx Corp), Underwriting Agreement (WPP PLC)

Intellectual Property. The Except as otherwise disclosed in the SEC Reports, the Company owns or has valid and each enforceable licenses or other rights to all patents, copyrights, copyrightable works, trademarks, service marks, trade names, and service names (including all applications and registrations relating to any of its Subsidiaries ownsthe foregoing), possessesand all inventions, know-how, trade secrets and other proprietary or can acquire on reasonable termsconfidential information (whether or not patentable), systems or procedures and all Intellectual Property (as defined below) other technology and intellectual property rights necessary for the conduct conduct, or the proposed conduct, of their respective businesses as now conducted or as the business of the Company in the manner described in the Registration StatementSEC Reports (collectively, the Pricing Prospectus “Company Intellectual Property”); the Company Intellectual Property disclosed in the SEC Reports as being owned by the Company is owned by the Company free and clear of all material liens, security interests, and encumbrances, and to the Prospectus to be conducted. Except as would not result in a Material Adverse EffectCompany’s knowledge, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Company Intellectual Property; to the Company’s knowledge, the Company Intellectual Property is valid, enforceable and subsisting; and other than as disclosed in the SEC Reports, (Ci) there the Company is not obligated to pay a material royalty, grant a material license, or provide other material consideration to any third party in connection with the Company Intellectual Property, (ii) no action, suit, claim or other proceeding is pending or, to the knowledge of the Company, is threatened, alleging that the conduct of the business of the Company in the manner described in the SEC Reports is infringing, misappropriating, diluting or otherwise violating any intellectual property rights of others, (iii) no action, suit, claim or other proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened is threatened, challenging the validity, enforceability, scope, registration, ownership or use of any of the Company Intellectual Property, (iv) no action, suit, claim or other proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened actionis threatened, suitchallenging the Company’s rights in or to any Company Intellectual Property, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fv) to the Company’s knowledge, no employee third party has any ownership right in or to any Company Intellectual Property in any field of use that is exclusively licensed to the Company, other than any licensor to the Company of such Company Intellectual Property, (vi) no employee, consultant or independent contractor of the Company or any of its Subsidiaries is in or has ever been is, to the Company’s knowledge, in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement agreement, or any restrictive covenant to or with a former employer or independent contractor where the basis of such violation relates to such employee’s employment or independent contractor’s engagement with the Company or actions undertaken while employed or engaged with the Company, (vii) the Company has taken reasonable measures to protect its material confidential information and material trade secrets and to maintain and safeguard the material Company Intellectual Property, including the execution of appropriate nondisclosure and confidentiality agreements, and (viii) the Company has complied with the material terms of each agreement pursuant to which the Company Intellectual Property has been licensed to the Company, and all such agreements are in full force and effect; except in each of (i)–(viii) such as would not, if determined adversely to the Company, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. All patents and patent applications within the Company Intellectual Property disclosed in the SEC Reports as being owned by the Company have, to the knowledge of the Company, been duly and properly filed and maintained; to the knowledge of the Company, there are no material defects in any of its Subsidiaries such patents or actions undertaken by patent applications; to the employee while employed knowledge of the Company, the parties prosecuting such applications have complied with their duty of candor and disclosure to the United States Patent and Trademark Office (the “USPTO”) in connection with such applications; and the Company is not aware of any facts required to be disclosed to the USPTO that were not disclosed to the USPTO and which would preclude the grant of a patent in connection with any such application or could form the basis of a finding of invalidity with respect to any of its Subsidiaries. “Intellectual Property” shall mean all patentspatents that have issued with respect to such applications; except such as would not, patent applicationsif determined adversely to the Company, trade and service marksindividually or in the aggregate, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyreasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Vor Biopharma Inc.), Securities Purchase Agreement (Vor Biopharma Inc.), Securities Purchase Agreement (Vor Biopharma Inc.)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, has a valid license to use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and its subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus General Disclosure Package and the Prospectus to be conducted. Except , except as such failure to own, possess, license or acquire such rights would not result in a Material Adverse Effect. “Intellectual Property” means all patents, patent applications, trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property. Except as described in the Registration Statement, in the General Disclosure Package and in the Prospectus or as would not individually or in the aggregate be expected to result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B1) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C2) there is no pending or, to the knowledge of the Company’s knowledge, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D3) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and and, to the knowledge of the Company’s knowledge, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E4) there is no pending or, to the Company’s knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (F5) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever has, within the past three years, been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries. The Company and its subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of all of their Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyexcept where failure to do so would not result in a Material Adverse Effect.

Appears in 3 contracts

Sources: Underwriting Agreement (Identiv, Inc.), Underwriting Agreement (Universal Technical Institute Inc), Underwriting Agreement (Universal Technical Institute Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging To the Company’s or any Subsidiary’s rights in or knowledge with respect to any such Intellectual Propertypatents, patent applications, trade and service marks, trade and service mark registrations, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by trade names only, the Company and each of the Subsidiariesits subsidiaries own, possess, or license, and otherwise have legally enforceable rights to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, and know-how how, except with regard to off-the-shelf software provided by third parties, (collectively, the “Intellectual Property Rights”) necessary for the conduct of the Company’s business as now conducted or, to the knowledge of the Company, as proposed in the Pricing Disclosure Package and the Prospectus to be conducted. Except as disclosed in the Pricing Disclosure Package and the Prospectus, (i) to the knowledge of the Company, there are no rights of third parties to any such Intellectual Property Rights that conflict with the Company’s right to own, possess or license, as applicable, such Intellectual Property Rights; (ii) the Company is not aware of any material infringement by third parties of any such Intellectual Property Rights; (iii) there is no pending, or to the knowledge of the Company threatened, action, suit, proceeding or claim by others challenging the Company’s rights in or to own, possess and license such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (iv) there is no pending, or to the knowledge of the Company threatened, action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, except for any such action, suit, proceeding or claim that would not have a Material Adverse Effect; (v) there is no pending, or to the knowledge of the Company threatened, action, suit, proceeding or claim by others that the Company infringes or otherwise violates any patent, trademark, copyright, trade secret or other proprietary rights of others, and the Company is unaware of any other fact which would form a reasonable basis for any such claim, except for any such action, suit, proceeding or claim that would not have a Material Adverse Effect; (vi) to the knowledge of the Company, there is no U.S. patent or published U.S. patent application (other than U.S. patents or U.S. patent applications of the Company) which contains claims that dominate or may dominate any Intellectual Property Rights described in the Pricing Disclosure Package and the Prospectus as being owned by or licensed to the Company or that interferes with the issued or pending claims of any such Intellectual Property Rights, except for such claims and interferences that would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect; (vii) there is no prior art of which the Company is aware that may render any U.S. patent held by the Company invalid or any U.S. patent application held by the Company unpatentable which has not been disclosed to the U.S. Patent and Trademark Office, and (viii) to the knowledge of the Company, all pertinent prior art references known to the Company or its counsel during the prosecution of the patents and patent applications comprising the Intellectual Property Rights were disclosed to the relevant patent authority and, to the knowledge of the Company, neither such counsel nor the Company nor any licensor made any misrepresentation to, or concealed any material fact from, the relevant patent authority during such prosecution and the Company, and to the knowledge of the Company, any licensor, has complied with all applicable duty of candor requirements of the relevant patent authority with respect to such patents and patent applications. To the knowledge of the Company, all licenses to which the Company and its subsidiaries is a party relating to the Intellectual Property Rights are valid, subsisting, enforceable, and in good standing and each of the Company and its subsidiaries has, in all material respects, complied with its respective contractual obligations pursuant to all such licenses relating to the Intellectual Property Rights and has not committed any material breach thereof (declared or undeclared). The Company is not a party to or bound by any options, licenses, or agreements with respect to the intellectual propertyproperty rights of any other person or entity that are required to be disclosed in Pricing Disclosure Package and the Prospectus and that are not disclosed therein. None of the Intellectual Property Rights used by the Company and its subsidiaries has been obtained by them or is being used by them in violation of any material contractual obligations binding on the Company, its subsidiaries or, to the knowledge of the Company, any of their officers, directors, or employees. Except as required to be set forth in the Pricing Disclosure Package and the Prospectus, (i) the Company and its subsidiaries are not obligated to pay a material royalty, grant a license or provide other consideration to any third party in connection with the Intellectual Property Rights and (ii) no third party, including any academic or governmental organization, possess material rights to the Intellectual Property Rights owned by the Company.

Appears in 3 contracts

Sources: Underwriting Agreement (Sangamo Therapeutics, Inc), Underwriting Agreement (Sangamo Therapeutics, Inc), Placement Agent Agreement (Sangamo Therapeutics, Inc)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and its subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus Supplement to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, except as described in the Registration Statement, the Prospectus and the Prospectus Supplement, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge Knowledge (as defined herein) of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge Knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any objective facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge Knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and trademarks, trademark registrations, service marks, trade and service mark registrations, trade names, copyrights, copyright registrations, licenses, inventions, trade secrets, Internet domain names, Internet domain name registrations, technology, registrations, trade secret rights, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (RedHill Biopharma Ltd.), Securities Purchase Agreement (RedHill Biopharma Ltd.), Securities Purchase Agreement (RedHill Biopharma Ltd.)

Intellectual Property. (i) The Company Intellectual Property is owned by the Company or its Subsidiaries free and clear of Liens, other than (i) Permitted Liens, (ii) encumbrances, restrictions or other obligations arising under any of the Company Intellectual Property Agreements, or (iii) Liens that could not be reasonably expected to have a Material Adverse Effect on the Company. (i) The Company and each of its Subsidiaries owns, possesseshas taken reasonable steps consistent with applicable industry practice to protect and preserve the confidentiality of material confidential information that they wish to, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of obligated by third parties to any such Intellectual Property owned by the Company; (B) to, protect as Trade Secrets, and, to the knowledge Knowledge of the Company, there is no infringementmisappropriation from the Company of such Trade Secrets by any Person, except where such misappropriation or violation by third parties of any such Intellectual Property; could not reasonably be expected to have a Material Adverse Effect on the Company. (Cii) there is no pending or, to To the knowledge Knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee none of the Company or any of its Subsidiaries or any of its or their current products or services is in infringing upon or has ever been in violation otherwise violating the Intellectual Property of any term third party, except where such infringement could not reasonably be expected to have a Material Adverse Effect on the Company. (iii) As of the date of this Agreement, the Company has not received written notice of any employment contractsuit, patent disclosure agreementclaim, invention assignment agreementaction, non-competition agreementinvestigation or proceeding made, non-solicitation agreementconducted or brought by a third party that has been served upon or, nondisclosure agreement to the Knowledge of the Company, filed or threatened in writing with respect to any restrictive covenant to alleged infringement or with a former employer where the basis of such other violation relates to such employee’s employment with in any material respect by the Company or any of its Subsidiaries or actions undertaken by any of its or their current products or services or other operation of the employee while employed with Company’s or its Subsidiaries’ business of the Company Intellectual Property of such third party. As of the date of this Agreement, to the Knowledge of the Company, there is no pending or threatened claim challenging the validity or enforceability of, or contesting the Company’s or any of its Subsidiaries. “’ rights with respect to, any of the material Company Intellectual Property” shall mean all patents. (iv) The execution and delivery of this Agreement by the Company, patent applicationsand the consummation of the transactions contemplated hereby, trade and service markswill not result in (i) the Company or its Subsidiaries granting to any third party any rights or licenses to any Company Intellectual Property, trade and service mark registrations(ii) any right of termination or cancellation under any Company Intellectual Property Agreement, trade namesor (iii) the imposition of any Lien on any Company Intellectual Property, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyexcept where any of the foregoing (in clauses (i) through (iii)) would not have a Company Material Adverse Effect.

Appears in 3 contracts

Sources: Share Purchase Agreement (China Jo-Jo Drugstores, Inc.), Share Purchase Agreement (China Jo-Jo Drugstores, Inc.), Share Purchase Agreement (China Jo-Jo Drugstores, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, Company has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc), Securities Purchase Agreement (Parkervision Inc)

Intellectual Property. The (a) Section 3.15(a) of the Company Disclosure Schedule contains a complete and accurate list of all (i) patents and patent applications, (ii) registered Trademarks and applications therefor, (iii) domain names, (iv) registered copyrights, in each case, that are owned by the Company or any of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statementcollectively, the Pricing Prospectus “Company Registered IP”), and (v) material unregistered copyrights and Trademarks owned by the Prospectus to be conductedCompany or any of its Subsidiaries. Except Each item of Company Registered IP is, as of the date of this Agreement, subsisting, has not expired or been abandoned, and is in full force and effect, in each case, except as would not result have, individually or in the aggregate, a Company Material Adverse Effect. No Action is pending, or to the Company’s knowledge has been threatened since January 1, 2020 challenging the validity, enforceability, registration, ownership or scope of any Intellectual Property which is owned by or purported to be owned by the Company or any of its Subsidiaries (the “Company Owned IP”) (other than office actions and similar proceedings in connection with the prosecution of applications for the registration or issuance of any Intellectual Property). Except for such matters that, individually or in the aggregate, do not constitute a Company Material Adverse Effect, (Ai) there are no the conduct of the business of the Company and its Subsidiaries as currently conducted does not infringe, misappropriate or otherwise violate any Intellectual Property rights of any third parties to any such Intellectual Property owned by the Company; party; (Bii) to the knowledge of the Company, there is no infringementsince January 1, misappropriation 2020 neither the Company nor any of its Subsidiaries has infringed, misappropriated or violation by third parties otherwise violated any Intellectual Property rights of any such Intellectual Property; third party, and (Ciii) there is no pending orsince January 1, to 2020, neither the knowledge Company nor any of the Companyits Subsidiaries has made any claim of a violation, threatened, action, suit, proceeding infringement or claim misappropriation by others challenging of the Company’s or any Subsidiary’s its Subsidiaries’ rights to or in or to any such Intellectual Property, and connection with the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is Owned IP. There are no pending or, to the knowledge of the Company, threatened actionclaims alleging infringement, suit, proceeding misappropriation or claim other violation by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates of any Intellectual Property or other proprietary rights of othersany third party. To the knowledge of the Company, and neither no third party is infringing, misappropriating or otherwise violating any Company Owned IP. To the knowledge of the Company, there are no unauthorized uses, disclosures, infringements, or misappropriations of any Company Owned IP by any employee or independent contractor (present or former) of the Company nor or any of its Subsidiaries. (b) All material Company Owned IP is exclusively owned by the Subsidiaries has received Company and its Subsidiaries, free and clear of all Liens, other than Company Permitted Liens. Neither the execution and delivery by the Company of this Agreement, nor the consummation of the Transactions, will (i) result in the loss, termination, or impairment of any written notice of such claim; and (F) to the Company’s knowledge, no employee right of the Company or any of its Subsidiaries is in any Intellectual Property or has ever been in violation of (ii) trigger any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with requirement for the Company or any of its Subsidiaries to pay any additional consideration for the continued use of any such Intellectual Property, in each case, except as would not be material to the Company and its Subsidiaries, taken as a whole. The Company and its Subsidiaries own or actions undertaken possess valid licenses or other valid rights to use the Intellectual Property that the Company and its Subsidiaries use, exercise or exploit in, or that may be necessary or desirable for, their businesses as currently being conducted, free and clear of all Liens (other than Company Permitted Liens). (c) The Company and its Subsidiaries use commercially reasonable efforts to maintain and protect the confidentiality of all trade secrets and other material confidential information owned or held by the employee while employed Company and its Subsidiaries. Except as would not be material to the Company and its Subsidiaries, taken as a whole, the Company and its Subsidiaries have not disclosed or consented to the disclosure of any such trade secret or other confidential information to any person other than (i) pursuant to a written agreement restricting the disclosure and use of such trade secret or (ii) to a person who otherwise has a legally enforceable duty or obligation to maintain the confidentiality of such trade secret. (d) All persons who have contributed to or participated in the conception or development of any material Company Owned IP, have executed written agreements with the Company or any one of its Subsidiaries. “, pursuant to which each such person has presently assigned to the Company or one of its Subsidiaries all of such person’s right, title and interest in and to such Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyProperty (except to the extent ownership of such Intellectual Property vests in the Company or its applicable Subsidiary by operation of Law).

Appears in 3 contracts

Sources: Merger Agreement (Gulf Island Fabrication Inc), Merger Agreement (Gulf Island Fabrication Inc), Merger Agreement (IES Holdings, Inc.)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual PropertyProperty owned or possessed by the Company, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Purchase Agreement (Motus GI Holdings, Inc.), Purchase Agreement (Motus GI Holdings, Inc.), Purchase Agreement

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possessespossesses or has valid and enforceable licenses to use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire such rights would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Underwriting Agreement (BioPharmX Corp), Underwriting Agreement (BioPharmX Corp), Underwriting Agreement (BioPharmX Corp)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and its subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus Supplement to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, except as described in the Registration Statement, the Prospectus and the Prospectus Supplement and except as would not have a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge Knowledge (as defined herein) of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (CB) there is no pending or, to the knowledge Knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any objective facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge Knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge Knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertysubsidiaries.

Appears in 3 contracts

Sources: Share Purchase Agreement (Oramed Pharmaceuticals Inc.), Share Purchase Agreement (Alpha Tau Medical Ltd.), Share Purchase Agreement (Oramed Pharmaceuticals Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownsown, possessespossess, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s or any Subsidiary’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except as would not result in a Material Adverse Effect, (A) and there are no rights unreleased liens or security interests which have been filed against any of third parties to any such Intellectual Property the patents owned by the Company; Company or its Subsidiaries. Furthermore, (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (Cii) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding Proceeding or other claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the or its Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Company or its Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding Proceeding or other claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware not aware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding Proceeding or other claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the its Subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; (v) the Company and its Subsidiaries have complied with the material terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or its Subsidiaries, and all such agreements are in full force and effect; and (Fvi) any product candidates described in the SEC Reports as under development by the Company or its Subsidiaries fall within the scope of the claims of one or more patents or applications relating to the product candidate or its intended use owned by, or exclusively licensed to, the Company or its Subsidiaries; and (vii) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries, except, in the case of clause (vii), as would not reasonably be expected to have a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Aspira Women's Health Inc.), Securities Purchase Agreement (Aspira Women's Health Inc.), Securities Purchase Agreement (Aspira Women's Health Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, licenses or can acquire on reasonable termshas other rights to use all foreign and domestic patents, all patent applications, trade and service marks, trade and service ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, technology, Internet domain names, know-how and other intellectual property (collectively, the “Intellectual Property (as defined below) Property”), necessary for the conduct of their respective businesses its business as now conducted except to the extent that the failure to own, possess, license or as described otherwise hold adequate rights to use such Intellectual Property would not, individually or in the Registration Statementaggregate, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in have a Material Adverse Effect. (i) Except as disclosed in the Registration Statement and the Prospectus, (A) there are no rights of third parties to any such Intellectual Property owned by the Company, except for any such rights as would not, individually or in the aggregate, result in a Material Adverse Effect; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates infringes or otherwise violates any Intellectual Property patent, trademark, copyright, trade secret or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (Fvi) to the Company’s knowledge, there is no employee of third-party U.S. patent or published U.S. patent application which contains claims for which an Interference Proceeding (as defined in 35 U.S.C. § 135) has been commenced against any patent or patent application described in the Registration Statement and the Prospectus as being owned by or licensed to the Company; and (vii) the Company has complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company, and all such agreements are in full force and effect, except, in the case of any of clauses (i)-(vii) above, for any such infringement by third parties or any of its Subsidiaries is such pending or threatened suit, action, proceeding or claim as would not, individually or in or has ever been the aggregate, result in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyMaterial Adverse Effect.

Appears in 3 contracts

Sources: Sales Agreement (Zosano Pharma Corp), At the Market Sales Agreement (Zosano Pharma Corp), At the Market Sales Agreement (Zosano Pharma Corp)

Intellectual Property. The (1) To the Company's knowledge, other than software and technology licenses that are generally commercially available, the Company owns or possesses adequate licenses or other rights to use all patents, patent applications, trademarks, trademark applications, service marks, service ▇▇▇▇ applications, trade names, copyrights, manufacturing processes, formulae, trade secrets, customer lists and each of its Subsidiaries ownsknow-how (collectively, possesses, or can acquire on reasonable terms, all "Intellectual Property (as defined belowProperty") necessary for to the conduct business of their respective businesses the Company as now conducted or as described in the Registration Statementpresently conducted, the Pricing Prospectus lack of which could reasonably be expected to have a material adverse effect on the Company's financial condition, results of operations, assets, liabilities, business or prospects, and no claim is pending or, to the Prospectus Company's knowledge, threatened to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no the effect that the operations of the Company infringe upon or conflict with the asserted rights of third parties any other person under any Intellectual Property, and, to the Company's knowledge, there is no reasonable basis for any such claim (whether or not pending or threatened). No claim is pending or, to the Company's knowledge, threatened to the effect that any such Intellectual Property owned or licensed by the Company; , or which the Company otherwise has the right to use, is invalid or unenforceable by the Company, and, to the Company's knowledge, there is no reasonable basis for any such claim (Bwhether or not pending or threatened). To the Company's knowledge, all Intellectual Property developed by and belonging to the Company that has not been patented has been kept confidential. The Company has not granted or assigned to any other person or entity any right to provide the services or proposed services of the Company. There are no agreements, understandings, instruments, contracts, judgments, orders or decrees to which the Company is a party or by which it is bound which involve indemnification by the Company with respect to infringements of Intellectual Property. (2) to To the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of party may assert any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or valid claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that against the Company or any of its Subsidiaries infringes, misappropriates Designated Person (as defined below) with respect to (A) the continued employment by or otherwise violates any Intellectual Property or other proprietary rights of others, and neither association with the Company nor of any of the Subsidiaries has received any written notice of such claim; and present officers or employees of, or consultants to, the Company (Fcollectively, the "Designated Persons"), or (B) to the Company’s knowledge, no employee of use or disclosure by the Company or any of its Subsidiaries is in or has ever been in violation Designated Person of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with information which the Company or any Designated Person would be prohibited from using or disclosing under any prior agreements or arrangements or under any laws, including, without limitation, laws applicable to unfair competition, trade secrets or proprietary information. The Company does not believe it is or will be necessary to use any inventions of its Subsidiaries any Designated Person made prior to his or actions undertaken her employment or engagement by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyCompany.

Appears in 3 contracts

Sources: Development Agreement (Nanosys Inc), Development Agreement (Nanosys Inc), Development Agreement (Nanosys Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, owns or possesses or has valid rights to use or can develop or acquire on reasonable termsterms all patents, all patent applications, trademarks, service marks, trade names, trademark registrations, service ▇▇▇▇ registrations, copyrights, licenses, inventions, trade secrets and similar rights (“Intellectual Property (as defined belowRights”) necessary for the conduct of their respective businesses the business of the Company as now conducted or currently carried on and as described in the Registration Statement, the Pricing Prospectus General Disclosure Package and the Prospectus. To the knowledge of the Company, no action or use by the Company necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of any Intellectual Property Rights of others. The Company has not received any written notice alleging any such infringement or conflict with asserted Intellectual Property Rights of others. Except as would not result reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and ; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (EC) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and the Company is unaware of any other facts which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries Company, or actions undertaken by the employee while employed with the Company. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement, the General Disclosure Package and the Prospectus and are not materially described therein. The Registration Statement, the General Disclosure Package and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its Subsidiaries. “Intellectual Property” shall mean all patentsofficers, patent applicationsdirectors or employees, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyor otherwise in violation of the rights of any persons.

Appears in 3 contracts

Sources: Underwriting Agreement (Aldeyra Therapeutics, Inc.), Underwriting Agreement (Aldeyra Therapeutics, Inc.), Underwriting Agreement (Aldeyra Therapeutics, Inc.)

Intellectual Property. The Company Schedule 3.23 sets forth a list of all material registered and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all material unregistered Intellectual Property (as defined below) necessary for owned by the Company and used in the conduct of their respective businesses as now conducted its business and all agreements granting any right to use or as described practice any right relating to the Intellectual Property currently used in the Registration Statement, conduct of the Pricing Prospectus and Company's business (the Prospectus to be conducted"Licenses") as of the date hereof. Except as would not result set forth in the Disclosure Statement (i) the Company is the sole owner of all of its rights under the Licenses free and clear of any liens, claims, encumbrances or interests; (ii) the Company is the sole owner of, or has a Material Adverse Effectvalid right to use pursuant to a License, all patents and patent applications, registered and unregistered trademarks, service marks, trade names, trade dress, logos, company names and other source or business identifiers, including all goodwill associated therewith, the names, likenesses and other attributes of individuals, registered and unregistered copyrights, computer programs and databases, trade secrets, proprietary technology, know-how, industrial designs and other confidential information and any pending applications for any of the foregoing (Acollectively, the "Intellectual Property") there are no rights currently used in the conduct of third parties to any such Intellectual Property owned by the Company's business, free and clear of any liens, claims, encumbrances or interests; (Biii) to the knowledge Company's best knowledge, the present operations of the CompanyCompany do not, there is no infringementand its past operations did not, misappropriation infringe upon, violate, interfere or violation by third parties conflict with the rights of others with respect to any such Intellectual Property; (C) there , and no claim is no pending or, to the knowledge of the Company's best knowledge, threatened, action, suit, proceeding or claim by others challenging to this effect; (iv) to the Company’s or any Subsidiary’s rights in or to any such Intellectual Property's best knowledge, and the Company is unaware none of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged is invalid or unenforceable, or has not been used or enforced or has failed to be used or enforced in whole a manner that would result in the abandonment, cancellation or in part, unenforceability of any of the Intellectual Property and there no claim is no pending or, to the knowledge of the Company's best knowledge, threatened actionthreatened, suitto this effect; (v) no License provision or any other contract, proceeding agreement or claim by others challenging the validity or scope of any such Intellectual Property, and understanding to which the Company is unaware a party would prevent the continued use by the Company (as currently used by the Company) of any facts which would form a reasonable basis for any such claimIntellectual Property following the consummation of the transactions contemplated hereby; (Evi) to the Company's best knowledge, no person is infringing upon or otherwise violating any Intellectual Property or License; and (vii) there is are no claims pending or, to the knowledge of the Company's best knowledge, threatened actionin connection with any License, suitin all cases in clauses (i) through (vii) of this Section 3.23 with only such exceptions as would not, proceeding individually or claim by others that in the Company or any of its Subsidiaries infringesaggregate, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with have a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyMaterial Adverse Effect.

Appears in 3 contracts

Sources: Merger Agreement (Artistic Greetings Inc), Merger Agreement (Artistic Greetings Inc), Merger Agreement (Artistic Greetings Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses its business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except conducted in all material respects, except as such failure to own, possess, or acquire such rights would not result in have a Material Adverse Effect. To the Company’s Knowledge, all Intellectual Property of the Company is valid and enforceable, except as would not, singly or in the aggregate, have a Material Adverse Effect. The Company has not received any opinion from its legal counsel concluding that any activities of its respective businesses infringe, misappropriate, or otherwise violate, valid and enforceable Intellectual Property of any other person. Except as set forth in the SEC Reports, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company’s Knowledge, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not have a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company’s Knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any material facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company’s Knowledge, the Intellectual Property licensed to the Company, each of the Subsidiaries, has have not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any material facts which would form a reasonable basis for any such claim; (ED) to the Company’s Knowledge, there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and the Company is unaware of any other material fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledgeKnowledge, no Company employee is obligated under any contract (including licenses, covenants or commitments of any nature) or other agreement, or subject to any judgment, decree or order of any court or administrative agency, that would interfere with the use of such employee’s best efforts to promote the interest of the Company or that would conflict with the Company’s business; none of the execution and delivery of this Agreement, the carrying on of the Company’s business by the employees of the Company, and the conduct of the Company’s business as proposed, will conflict with or result in a breach of terms, conditions, or provisions of, or constitute a default under, any contract, covenant or instrument under which any such employee is now obligated; and it is not and will not be necessary to use any inventions, trade secrets or proprietary information of any of its Subsidiaries consultants, or its employees (or Persons it currently intends to hire) made prior to their employment by the Company, except for technology that is licensed to or owned by the Company. All licenses for the use of Company’s Intellectual Property are valid, binding upon, and enforceable against the Company and, to the Company’s Knowledge, the other parties thereto in accordance to its terms. The Company has complied in all material respects with any intellectual property license, and except as would not, singly or in the aggregate, have a Material Adverse Effect, the Company is not in breach nor has ever been in violation received any written notice asserting or threatening any claim of breach of any term intellectual property license, and to the Company’s Knowledge there is no breach or anticipated breach by any other person to any intellectual property license. The Company has taken reasonable steps to protect, maintain and safeguard its Intellectual Property, including the execution of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, appropriate nondisclosure agreement and confidentiality agreements. The Company has not received a notice (written or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or otherwise) that any of its Subsidiaries or actions undertaken by the employee while employed with Intellectual Property necessary for the Company or any conduct of its Subsidiaries. “Intellectual Property” shall mean all patentsbusiness as now conducted or as described in the SEC Reports has expired, patent applicationsterminated or been abandoned, trade and service marksor is expected to expire or terminate or be abandoned, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertywithin two (2) years from the date of this Agreement.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Soleno Therapeutics Inc), Securities Purchase Agreement (Soleno Therapeutics Inc), Securities Purchase Agreement (GTX Inc /De/)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Securities Purchase Agreement (mCloud Technologies Corp.), Securities Purchase Agreement (United Maritime Corp)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, licenses, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined belowbelow in this Section 2(q)) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as proposed to be conducted, as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries; (F) there is no prior art or public or commercial activity of which the Company is aware that may render any patent included in the Intellectual Property invalid or that would preclude the issuance of any patent on any patent application included in the Intellectual Property, which has not been disclosed to the U.S. Patent and Trademark Office or the relevant foreign patent authority, as the case may be; (G) to the Company’s knowledge, the issued patents included in the Intellectual Property are valid and enforceable and the Company is unaware of any facts that would preclude the issuance of a valid and enforceable patent on any pending patent application included in the Intellectual Property; (H) the Company has taken reasonable steps necessary to secure the interests of the Company in the Intellectual Property purported to be owned by the Company from all employees, consultants, agents or contractors that developed (in whole or in part) such Intellectual Property; (I) no government funding, facilities or resources of a university, college, other educational institution or research center was used in the development of any Intellectual Property that is owned or purported to be owned by the Company that would confer upon any governmental agency or body, university, college, other educational institution or research center any claim or right in or to any such Intellectual Property; and (J) to the Company’s knowledge, none of the technology employed by the Company has been obtained or is being used by the Company in violation of the rights of any entity. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyproperty in the United States and foreign jurisdictions.

Appears in 2 contracts

Sources: Underwriting Agreement (Leap Therapeutics, Inc.), Underwriting Agreement (Leap Therapeutics, Inc.)

Intellectual Property. The Company owns or possesses valid and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, enforceable rights to use all material Intellectual Property (as defined below) used in or necessary for the conduct of their respective businesses the Company’s business as now conducted or as currently proposed to be conducted, as described in the Registration Statement, the Pricing Prospectus and Time of Sale Disclosure Package or the Prospectus to be conductedProspectus. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringementthe material Intellectual Property owned by or licensed to the Company has not been infringed, misappropriation misappropriated or violation otherwise violated by any third parties of any such Intellectual Propertyparties; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s ownership of, or any Subsidiary’s rights in or to to, any such material Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for reasonably be expected to result in any such claim; (DC) the material Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the material Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity validity, enforceability or scope of any such material Intellectual Property, and the Company is unaware of any facts which would reasonably be expected to result in any such claim; (D) except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, or as otherwise would not reasonably be expected, individually or in the aggregate, to result in Material Adverse Effect, there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company infringes, misappropriates or otherwise violates any such material Intellectual Property or other proprietary rights of others, the Company has not received any written notice of any such claim, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, prior art or public or commercial activity of which the Company is aware that may render any patent owned by or licensed to the knowledge Company invalid or that would preclude the issuance of the Company, threatened action, suit, proceeding any patent from any patent application owned by or claim by others that licensed to the Company which has not been disclosed to the U.S. Patent and Trademark Office or any of its Subsidiaries infringesthe relevant foreign patent authority, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither as the Company nor any of the Subsidiaries has received any written notice of such claimcase may be; and (F) to the Company’s knowledge, no employee all issued patents owned by or licensed to the Company are valid and enforceable and the Company is unaware of any facts that would preclude the issuance of a valid and enforceable patent from any pending patent application owned by or licensed to the Company; (G) the Company and, to the knowledge of the Company and counsel for the Company, has complied in all material respects with the duty of candor and good faith, as required by the United States Patent and Trademark Office and all foreign patent offices having similar requirements, with respect to the prosecution of the issued patents and patent applications owned or in-licensed by the Company; (H) the Company has taken reasonable steps necessary to secure the ownership interests of the Company in the material Intellectual Property purported to be owned by the Company from all employees, consultants, agents or contractors that developed (in whole or in part) such material Intellectual Property; (I) the Company has taken reasonable steps in accordance with normal industry practice to maintain the confidentiality of all material Intellectual Property of the Company the value of which to the Company is contingent upon maintaining the confidentiality thereof and no such material Intellectual Property has been disclosed to anyone other than to employees, representatives and agents of the Company all of whom are bound by written confidentiality agreements; (J) no government funding, facilities or resources of a university, college, other educational institution or research center was used in the development of any of its Subsidiaries such material Intellectual Property that is owned or purported to be owned by the Company that would confer upon any Governmental Authority, university, college, other educational institution or research center any claim or right in or to any such material Intellectual Property; and (K) to the Company’s knowledge, none of the material technology employed by the Company has ever been obtained or is being used by the Company in violation of any term the rights of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariesentity. “Intellectual Property” shall mean all patents, patent applications, trade and trademarks, service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, software, know-how and all other intellectual propertyproperty and proprietary rights in the United States and foreign jurisdictions (including all registrations and applications for registrations of, and all goodwill associated with, the foregoing).

Appears in 2 contracts

Sources: Underwriting Agreement (Nuvectis Pharma, Inc.), Underwriting Agreement (Nuvectis Pharma, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possessessubsidiaries own, or can acquire on reasonable termshave obtained licenses for, all Intellectual Property (the inventions, patent applications, patents, trademarks, trade names, service names, copyrights, trade secrets and other intellectual property described in the SEC Reports as defined below) being owned or licensed by them or, to the Company’s knowledge, which are necessary for the conduct of their respective businesses as now currently conducted or as described currently proposed to be conducted in the Registration StatementSEC Reports (collectively, “Intellectual Property”); and to the Pricing Prospectus Company’s knowledge, any such licenses are valid and enforceable. To the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, Company’s knowledge: (Ai) there are no rights of third parties who have rights to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware except for customary reversionary rights of any facts which would form a reasonable basis for any such claim; (D) the third-party licensors with respect to Intellectual Property owned by that is disclosed in the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property SEC Reports as licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringessubsidiaries, misappropriates or otherwise violates and the Company and its subsidiaries have taken all reasonable steps necessary to secure their interests in the Intellectual Property from their employees and contractors; (ii) there is no infringement by third parties of any Intellectual Property or other proprietary Property; (iii) the Company and its subsidiaries are not infringing the intellectual property rights of others, and neither third parties; (iv) the Company nor any is the sole owner of the Subsidiaries has received any written notice of such claimIntellectual Property owned by it; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries. There is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or actions undertaken claim by others: (A) challenging the employee while employed with Company’s rights in or to any Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such action, suit, proceeding or claim; (B) challenging the validity, enforceability or scope of any Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such action, suit, proceeding or claim; or (C) asserting that the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patentssubsidiaries infringes or otherwise violates, patent applicationsor would, upon the commercialization of any product or service described in the SEC Reports as under development, infringe, misappropriate or violate, any patent, trademark, trade and name, service marksname, copyright, trade secret or other proprietary rights of others, and service mark registrationsthe Company is unaware of any facts which would form a reasonable basis for any such action, trade namessuit, copyrightsproceeding or claim. The Company and its subsidiaries have complied with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or any subsidiary, licensesand all such agreements are in full force and effect. The drug candidates described in the SEC Reports as under development by the Company or any subsidiary fall within the scope of the claims of one or more patents or patent applications owned by, inventionsor exclusively licensed to, trade secretsthe Company or subsidiary. All patents and patent applications owned by, domain namesor licensed to the Company or any subsidiary, technologyhave, know-how to the Company’s knowledge, been duly and other intellectual propertyproperly filed and maintained; to the Company’s knowledge, the parties prosecuting such applications have complied with their duty of candor and disclosure to the U.S. Patent and Trademark Office (the “USPTO”) in connection with such applications; and the Company is not aware of any facts required to be disclosed to the USPTO that were not disclosed to the USPTO and which would preclude the grant of a patent in connection with any such application or would reasonably be expected to form the basis of a finding of invalidity with respect to any patents that have issued with respect to such applications.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Equillium, Inc.), Securities Purchase Agreement (Equillium, Inc.)

Intellectual Property. The (a) Section 3.11(a) of the Company Disclosure Letter sets forth a true, correct, and complete list of all material registered or applied for Company Intellectual Property Rights that are owned by the Company or any of its Subsidiaries. To the Company’s knowledge, the Company or any of its Subsidiaries, unless otherwise stated in Section 3.11(a) of the Company Disclosure Letter, is the sole and exclusive beneficial and record owner of all such Company Intellectual Property Rights and all such Company Intellectual Property Rights are subsisting and have not been declared invalid and/or unenforceable, except where (i) the failure to so own such rights, (ii) the failure of such rights to be subsisting, or (iii) declarations of invalidity and/or unenforceability, either individually or in the aggregate, would not have a Company Material Adverse Effect. (b) To the Company’s knowledge, the Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, is licensed or otherwise possesses sufficient legally enforceable rights to use all Company Intellectual Property (as defined below) necessary Rights, free and clear of all Liens, except for the conduct of their respective businesses as now conducted any such failures to own, be licensed, possess or as described enforce that, either individually or in the Registration Statementaggregate, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in have a Company Material Adverse Effect. (c) Except as set forth in Section 3.11(c) of the Company Disclosure Letter, to the Company’s knowledge, (A) there are no rights neither the use of third parties to any such Company Intellectual Property owned Rights by the Company; Company or its Subsidiaries nor the conduct of the business of the Company or its Subsidiaries conflicts with, infringes upon, violates or interferes with, or constitutes an appropriation of any right, title, interest or goodwill, including any valid patent, trademark, trade name, service m▇▇▇ or copyright or other intellectual property right of any other Person and (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the its Subsidiaries has received any written notice of such claim; and any claim by third parties or otherwise has knowledge that any Company Intellectual Property Right is invalid or unenforceable, except where the failure to be valid or enforceable would not, either individually or in the aggregate, have a Company Material Adverse Effect. (Fd) Except as set forth in Section 3.11(d) of the Company Disclosure Letter, to the Company’s knowledge, no employee of the Person materially conflicts with, infringes upon, violates or interferes with, or otherwise misappropriates any material Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken Intellectual Property Right owned by the employee while employed with the Company or any of its Subsidiaries, and there is no such Proceeding threatened or pending by the Company or any of its Subsidiaries. (e) The consummation of the transactions contemplated by this Agreement will not result in the loss or impairment of any Company Intellectual Property Right or payment of any additional amounts with respect to any Company Intellectual Property Right, except, in each case, as would not, either individually or in the aggregate, have a Company Material Adverse Effect. Except as set forth in Section 3.11(e) of the Company Disclosure Letter, the consummation of the transactions contemplated hereby will not require the consent of any other Person in respect of any material Company Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyProperty Right.

Appears in 2 contracts

Sources: Merger Agreement (Pharmion Corp), Merger Agreement (Celgene Corp /De/)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, has a valid license to use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described set forth in the Registration Statement, the Pricing Prospectus and the Prospectus to be conductedSchedule 4 hereto. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any Company Intellectual Property , except as such Intellectual Propertyinfringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and, with respect to the conduct of the Company’s and its subsidiaries’ business as now conducted or as described in the Registration Statement and the Prospectus to be conducted, except where such violation would not reasonably be expected to result in a Material Adverse Effect, the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Sales Agreement (Beyond Air, Inc.), Sales Agreement (Beyond Air, Inc.)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or nor any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Purchase Agreement (Synergy Resources Corp), Purchase Agreement (Gordmans Stores, Inc.)

Intellectual Property. a. The Company and each of Company, its Subsidiaries and its Affiliates, owns, possesseslicenses or possesses the right to use sufficient trademarks, or can acquire on reasonable termstrade names, all patents, patent rights, copyrights, domain names, licenses, approvals, trade secrets, inventions, technology, know-how and other similar rights (collectively, “Intellectual Property (Rights”) as defined below) are reasonably necessary for the or material to conduct of their respective businesses its business as now conducted or and contemplated to be conducted, each as described in the Registration Statement, the Pricing any Preliminary Prospectus and the Prospectus to be conductedProspectus. To the Company’s knowledge, all Intellectual Property Rights are valid and enforceable. b. Except as would not result set forth in a Material Adverse Effectthe Registration Statement, any Preliminary Prospectus and the Prospectus: (A) there are is no actual, pending or, to the Company’s knowledge, threatened action, suit, proceeding, or claim by others challenging the rights of third parties the Company and its Subsidiaries and Affiliates in or to any such Intellectual Property owned by Rights, and the CompanyCompany is unaware of any facts which would form a reasonable basis for any such claim; (B) to the knowledge of the Company, there is no infringementactual, misappropriation pending or, to the Company’s knowledge, threatened action, suit, proceeding, or violation claim by third parties others that the Company or its Subsidiaries or Affiliates infringes, misappropriates, or otherwise violates any Intellectual Property Rights of others, and the Company is unaware of any facts which would form a reasonable basis for any such Intellectual Propertyclaim; (C) there is no actual, pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding proceeding, or claim by others challenging the Company’s validity or any Subsidiary’s rights in or to scope of any such Intellectual Property, Property Rights owned by the Company or its Subsidiaries or Affiliates and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) to the Intellectual Property owned by Company’s knowledge, the Company and each operation of the Subsidiaries, and to the knowledge business of the Company, its Subsidiaries and its Affiliates as now conducted and in connection with the Intellectual Property licensed to development and commercialization of its technology described in the CompanyRegistration Statement, each of any Preliminary Prospectus and the Subsidiaries, has Prospectus does not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or infringe any claim by others challenging the validity or scope of any patent or published patent application nor would such Intellectual Propertyinfringement, misappropriation or violation arise upon the commercialization of any product or service described in the Registration Statement, any Preliminary Prospectus and the Company is unaware of any facts which would form a reasonable basis for any such claimProspectus as under development; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, there is no employee “prior art” of which the Company is aware that may render any patent owned or licensed by the Company invalid or any patent application owned or licensed by the Company or its Subsidiaries or Affiliates unpatentable which has not been disclosed to the applicable government patent office; and (F) the patents, trademarks, and copyrights maintained by the Company or its Subsidiaries or Affiliates are in full force and in effect, and none of such patents, trademarks and copyrights have been adjudged invalid or unenforceable in whole or in part. Neither the Company nor its Subsidiaries or Affiliates is a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other Person that are required to be set forth in the Registration Statement, any Preliminary Prospectus and Prospectus and are not described therein in all material respects. c. The Company has duly and properly filed or caused to be filed with the U. S. Patent and Trademark Office (the “PTO”) and applicable foreign and international patent authorities all patent applications owned by the Company, its Subsidiaries or Affiliates (the “Company Patent Applications”). The product candidates described in the Registration Statement, any Preliminary Prospectus and the Prospectus as under development by the Company fall within the scope of the claims of one or more patents or patent applications owned by, or exclusively licensed to, the Company. The Company has complied in all material respects with the PTO’s duty of candor and disclosure for the Company Patent Applications and has made no material misrepresentation in the Company Patent Applications or failed to disclose any material prior art in connection therewith. The Company Patent Applications disclose patentable subject matters, and, apart from customary notifications and communications with the PTO and applicable foreign patent authorities in connection with prosecuting the Company Patent Applications, the Company has not been notified of any inventorship challenges nor has any interference, reexamination, or other similar administrative proceeding been declared or provoked in the PTO or applicable foreign patent authorities nor is any material fact known by the Company that would preclude the issuance of patents with respect to the Company Patent Applications, except where the Company may choose to intentionally abandon a patent application for strategic or business reasons, or would render such patents invalid or unenforceable. No third party possesses rights to the Company’s Intellectual Property Rights that, if exercised, could enable such party to develop products competitive to those the Company intends to develop as described in the Prospectus. d. Other than as disclosed in the Registration Statement, any Preliminary Prospectus and Prospectus, to the Company’s knowledge, there are no rulemaking or similar proceedings before the FDA, which affect or involve the Company or any of the processes or technologies that the Company has developed, is developing or proposes to develop or uses or proposes to use which, if the subject of an action unfavorable to the Company, would result in a Material Adverse Change. e. From and after January 1, 2016, the Company has obtained legally binding written agreements from all officers, employees and third parties with whom the Company has shared confidential proprietary information: (A) of the Company, or (B) received from others which the Company is obligated to treat as confidential, which agreements require such employees and third parties to keep such information confidential. The Company has taken all necessary actions to obtain ownership of all works of authorship and inventions made by its Subsidiaries employees, consultants and contractors during the time they were employed by or under contract with the Company and which relate to the Company’s business as currently conducted. All founders and current key employees have signed confidentiality and invention assignment agreements with the Company. f. The Company possesses valid and current licenses, registrations, certificates, permits and other authorizations issued by the appropriate foreign, federal, state or local regulatory authorities as necessary to conduct its respective businesses (collectively, the “Licensing Requirements”) and are enforceable by or against the parties thereto in accordance to its terms, except where the failure of a Licensing Requirement would not have a Material Adverse Effect. The Company has not received any notice of proceedings relating to the revocation or modification of, or noncompliance with, any such license, certificate, permit or authorization, which could result in a Material Adverse Effect. No action, suit or proceeding, other than routine audits, by or before any court or Governmental Authority or any arbitrator involving the Company with respect to the removal, revocation, suspension or other termination of the authority to operate under the Licensing Requirements is pending or, to the Company’s knowledge, threatened. The Company does not believe that any pending audit is reasonably likely to result in the removal, revocation, suspension or other termination of the Company’s authority to operate under the Licensing Requirements. g. The consummation of the transactions contemplated by this Agreement will not result in the loss or impairment of or payment of any additional amounts with respect to, nor require the consent of any other person in respect of, the Company’s right to own, use, or hold for use any of the Intellectual Property Rights as owned, used or held for use in the conduct of the business as currently conducted. h. To the Company’s knowledge, the Company has ever at all times complied with all applicable laws relating to privacy, data protection, and the collection and use of personal information collected, used, or held for use by the Company in the conduct of the Company’s business. No claims have been in asserted or threatened against the Company alleging a violation of any term person’s privacy or personal information or data rights and the consummation of the transactions contemplated hereby will not breach or otherwise cause any violation of any employment contractlaw related to privacy, patent disclosure agreementdata protection, invention assignment agreementor the collection and use of personal information collected, non-competition agreementused, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with held for use by the Company in the conduct of the Company’s business, except such claims as would not reasonably be likely to result in a Material Adverse Effect. The Company takes reasonable measures to ensure that such information is protected against unauthorized access, use, modification, or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertymisuse.

Appears in 2 contracts

Sources: Underwriting Agreement (DelMar Pharmaceuticals, Inc.), Underwriting Agreement (DelMar Pharmaceuticals, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus Statement and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company, except as otherwise disclosed to the Representative in writing by the Company prior to the date hereof; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Underwriting Agreement (OceanPal Inc.), Underwriting Agreement (OceanPal Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownsthe Subsidiary own, possessespossess, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses business as now conducted or as described in the Registration Statement, the Pricing Base Prospectus and the Prospectus Supplement to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse EffectChange. Except as set forth in the Registration Statement, the Base Prospectus and the Prospectus Supplement, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Change; (Cii) there is no pending or, to the knowledge of the Company, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any the Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Diii) the Intellectual Property owned by the Company and each of the Subsidiaries, Subsidiary and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of Company and the Subsidiaries, has Subsidiary have not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (Eiv) there is no pending or, to the knowledge of the Company, or threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringesthe Subsidiary infringe, misappropriates misappropriate or otherwise violates violate any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries Subsidiary has received any written notice of such claim, and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries the Subsidiary is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries the Subsidiary or actions undertaken by the employee while employed with the Company or any of its Subsidiariesthe Subsidiary, except as such violation would not result in a Material Adverse Change. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Placement Agent Agreement (Parkervision Inc), Placement Agent Agreement (Parkervision Inc)

Intellectual Property. The Company and each of its Subsidiaries ownsthe Subsidiary own or possess or have valid rights to use all patents, possessespatent applications, or can acquire on reasonable termstrademarks, all service marks, trade names, trademark registrations, service ▇▇▇▇ registrations, copyrights, licenses, inventions, trade secrets and similar rights ("Intellectual Property (as defined belowRights") necessary for the conduct of their respective businesses the business of the Company and the Subsidiary as now conducted or currently carried on and as described in the Registration Statement, the Pricing Prospectus Disclosure Package and the Prospectus. To the knowledge of the Company, no action or use by the Company or the Subsidiary necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of, or license or, except as described in the Registration Statement, the Disclosure Package or the Prospectus, similar fees for, any Intellectual Property Rights of others. Neither the Company nor the Subsidiary has received any notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not result reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of or the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and Subsidiary; (B) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 2.34, reasonably be expected to result in a Material Adverse Change; (EC) the Intellectual Property Rights owned by the Company or the Subsidiary and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company or the Subsidiary have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 2.34, reasonably be expected to result in a Material Adverse Change; (D) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries the Subsidiary infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of or the Subsidiaries Subsidiary has not received any written notice of such claimclaim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 2.34, reasonably be expected to result in a Material Adverse Change; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries the Subsidiary is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries the Subsidiary, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change. To the Company’s knowledge, all material technical information developed by and belonging to the Company or the Subsidiary which has not been patented has been kept confidential. Neither the Company nor the Subsidiary is a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement, the Disclosure Package and the Prospectus and are not described therein. The Registration Statement, the Disclosure Package and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company or the Subsidiary has been obtained or is being used by the Company of the Subsidiary in violation of any contractual obligation binding on the Company or the Subsidiary or, to the Company’s knowledge, any of its Subsidiariesofficers, directors or employees, or otherwise in violation of the rights of any persons. “Intellectual Property” shall mean all patentsOther than as set forth in the Registration Statement, patent applicationsthe Disclosure Package or the Prospectus, trade neither the Company, nor the Subsidiary, has received claims for royalties or other compensation from individuals, including employees of the Company, who made inventive contributions to Company’s technology or products, and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and neither Company or the Subsidiary will have no obligation to pay royalties or other intellectual propertycompensation to such individuals on account of such inventive contributions.

Appears in 2 contracts

Sources: Placement Agency Agreement (Oramed Pharmaceuticals Inc.), Placement Agency Agreement (Oramed Pharmaceuticals Inc.)

Intellectual Property. The Company All trade names, inventions, discoveries, ideas, research, engineering, methods, practices, processes, systems, formulae, designs, drawings, products, projects, improvements, developments, know-how, and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for trade secrets which are used in the conduct of their respective businesses as now conducted CanArab's business, whether registered or as described in unregistered (collectively the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A"Proprietary Rights") there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to CanArab. To the knowledge of each Seller and CanArab, CanArab created or developed such Proprietary Rights and such Proprietary Rights are not subject to any restriction, lien, encumbrance, right, title or interest in others. All of the Company, there is no infringement, misappropriation or violation by third parties foregoing Proprietary Rights that are not in the public domain stand solely in the name of CanArab and not in the name of any such Intellectual Property; (C) there shareholder, director, officer, agent, partner or employee or anyone else known to any Seller or CanArab and none of the same have any right, title, interest, restriction, lien or encumbrance therein or thereon or thereto. To the knowledge of each Seller and CanArab, CanArab's ownership and use of the Proprietary Rights do not and will not infringe upon, conflict with or violate in any material respect any patent, copyright, trade secret or other lawful proprietary right of any other party, and no claim is no pending or, to the knowledge of any Seller or CanArab, threatened to the Company, threatened, action, suit, proceeding effect that the operations of CanArab infringe upon or claim by others challenging conflict with the Company’s or any Subsidiary’s asserted rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for other person under any such claim; (D) the Intellectual Property owned by the Company and each of the SubsidiariesProprietary Rights, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, Seller and CanArab there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; claim (E) there whether or not pending or threatened). No claim is no pending orpending, or to the knowledge of the Companyeach Seller and CanArab, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledgeeffect that any such Proprietary Rights owned or licensed by CanArab, or which CanArab otherwise has the right to use, is invalid or unenforceable by CanArab and there is no employee reasonable basis for any such claim (whether or not pending or threatened). CanArab has not granted or assigned to any other person or entity any right to manufacture, have manufactured, assemble or sell the products or proposed products or to provide the services or proposed services of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertySeller.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Cole Candi M /Fa/), Agreement and Plan of Reorganization (Ohio & Southwestern Energy Co)

Intellectual Property. The Company and each of its the Subsidiaries owns, possesseshave, or can acquire on reasonable termshave rights to use, all Intellectual Property (as defined below) patents, patent applications, trademarks, trademark applications, service marks, trade names, trade secrets, inventions, copyrights, licenses and other intellectual property rights and similar rights necessary or required for the conduct of use in connection with their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus General Disclosure Package and the Prospectus, except where the failure to own or possess such rights would not, individually or in the aggregate, result in a Material Adverse Change (collectively, the “Intellectual Property Rights”). To the knowledge of the Company, no action or use by the Company or any of its Subsidiaries necessary for the conduct of its business as currently carried on and as described in the Registration Statement and the Prospectus will involve or give rise to be conductedany infringement of, or license or similar fees for, any Intellectual Property Rights of others which has not been subsequently rectified. Neither the Company nor any of its Subsidiaries has received any notice alleging any such infringement, fee or conflict with asserted Intellectual Property Rights of others. Except as would not result be expected to result, individually or in the aggregate, in a Material Adverse Effect, Change: (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (Bi) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property Rights owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and ; (ii) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity rights of the Company in or scope of to any such Intellectual PropertyProperty Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim, that would, individually or in the aggregate, together with any other claims in this Section 3(x), be expected to result in a Material Adverse Change; (Eiii) the Intellectual Property Rights owned by the Company and, to the knowledge of the Company, the Intellectual Property Rights licensed to the Company have not been adjudged by a court of competent jurisdiction invalid or unenforceable, in whole or in part, and there is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property Rights, and the Company is unaware of any facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 3(x), reasonably be expected to result in a Material Adverse Change; (iv) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property Rights or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claimclaim and the Company is unaware of any other facts which would form a reasonable basis for any such claim that would, individually or in the aggregate, together with any other claims in this Section 3(x), be expected to result in a Material Adverse Change; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation in any material respect of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries Company, or actions undertaken by the employee while employed with the Company and could reasonably be expected to result, individually or in the aggregate, in a Material Adverse Change which has not been subsequently rectified or settled. To the Company’s knowledge, all material technical information developed by and belonging to the Company which has not been patented has been kept confidential. The Company is not a party to or bound by any options, licenses or agreements with respect to the Intellectual Property Rights of any other person or entity that are required to be set forth in the Registration Statement, the General Disclosure Package and the Prospectus and are not described therein. The Registration Statement, the General Disclosure Package and the Prospectus contain in all material respects the same description of the matters set forth in the preceding sentence. None of the technology employed by the Company has been obtained or is being used by the Company in violation of any contractual obligation binding on the Company or, to the Company’s knowledge, any of its Subsidiaries. “Intellectual Property” shall mean all patentsofficers, patent applicationsdirectors or employees, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyor otherwise in violation of the rights of any persons.

Appears in 2 contracts

Sources: Underwriting Agreement (Encore Medical, Inc.), Underwriting Agreement (Encore Medical, Inc.)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or or, to the knowledge of the Company, can acquire on reasonable terms, all material Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse EffectFurthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, and except as described in the Registration Statement, in the Time of Sale Disclosure Package and in the Prospectus, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Underwriting Agreement (Usa Technologies Inc), Underwriting Agreement (Usa Technologies Inc)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it Subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus and or the Prospectus Supplement to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, except as described in the Registration Statement, the Prospectus or the Prospectus Supplement (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its Subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any objective facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the its Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Company and its Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, ; and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the its Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and trademarks, trademark registrations, service marks, trade and service mark registrations, trade names, copyrights, copyright registrations, licenses, inventions, trade secrets, Internet domain names, Internet domain name registrations, technology, registrations, trade secret rights, know-how and other intellectual property.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Smith Micro Software, Inc.), Securities Purchase Agreement (Smith Micro Software, Inc.)

Intellectual Property. The (i) Neither the Company and each nor any of its Subsidiaries owns, possessesor is licensed or otherwise possesses legally enforceable rights to use all patents, trademarks, trade names, service marks, copyrights and any applications therefor, technology, know-how, computer software programs or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted applications and tangible or as described intangible proprietary information or materials that are used in the Registration Statementbusiness of the Company or any of its Subsidiaries as currently conducted, except for any such failures to own, be licensed or possess that, individually or in the Pricing Prospectus and aggregate, are not reasonably likely to have a Company Material Adverse Effect or prevent, materially delay or materially impair the Prospectus ability of the Company to be conducted. consummate the transactions contemplated by this Agreement. (ii) Except as would is not result in reasonably likely to have a Company Material Adverse EffectEffect or prevent, materially delay or materially impair the ability of the Company to consummate the transactions contemplated by this Agreement: (A) there are no rights neither the Company nor any of third parties its Subsidiaries is, nor will any of them be as a result of the execution and delivery of this Agreement or the performance by the Company of its obligations hereunder, in violation of any licenses, sublicenses and other agreements as to which the Company or any such of its Subsidiaries is a party and pursuant to which the Company or any of its Subsidiaries is authorized to use any third-party patents, trademarks, service marks, copyrights, trade secrets or computer software (collectively, “Third-Party Intellectual Property owned by the CompanyRights”); (B) no claims with respect to (I) the knowledge patents, registered and material unregistered trademarks and service marks, registered copyrights, trade names and any applications therefor, trade secrets or computer software owned by the Company or any of its Subsidiaries (collectively, the Company, there is no infringement, misappropriation “Company Intellectual Property Rights”); or violation by third parties of any such (II) Third-Party Intellectual Property; (C) there is no Property Rights are currently pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim are threatened by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, Person; and (C) the Company is unaware does not know of any facts which would form a reasonable basis valid grounds for any such claim; bona fide claims (DI) against the Intellectual Property owned use by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates of any Company Intellectual Property Rights or other proprietary rights of others, and neither Third-Party Intellectual Property Rights used in the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee business of the Company or any of its Subsidiaries is in as currently conducted or has ever been in violation as proposed to be conducted; (II) challenging the ownership, -39- validity or enforceability of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement Company Intellectual Property Rights; or any restrictive covenant to or with a former employer where (III) challenging the basis of such violation relates to such employeeCompany’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “’ license or legally enforceable right to use any Third-Party Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyRights.

Appears in 2 contracts

Sources: Merger Agreement (Bank of Marin Bancorp), Merger Agreement (Bank of Marin Bancorp)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual PropertyProperty owned or possessed by the Company, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Purchase Agreement (Motus GI Holdings, Inc.), Purchase Agreement (Motus GI Holdings, Inc.)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable termshas the right to use, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s business as now conducted or or, as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire have such rights would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual PropertyProperty except as would not reasonably be expected to result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s ownership of or any Subsidiary’s rights in or to any such Intellectual PropertyProperty owned by the Company or Intellectual Property licensed by the Company, and the Company is unaware not aware of any facts which that would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware not aware of any facts which that would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim and is not aware of any facts that would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its SubsidiariesCompany, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Purchase Agreement (Neuronetics, Inc.), Purchase Agreement (Neuronetics, Inc.)

Intellectual Property. The Company and each of its Subsidiaries ownsthe Subsidiary own, possessespossess, or can acquire or license on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective the Company’s and the Subsidiary’s businesses as now conducted or and as proposed to be conducted as described in the Registration StatementSEC Reports, except as such failure to own, possess, acquire or license such rights would not, individually or in the Pricing Prospectus and the Prospectus aggregate, reasonably be expected to be conducted. Except as would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company’s Knowledge, there is no material infringement, misappropriation or violation by third parties of any such Intellectual Property; (CB) there is no pending or, to the knowledge of the Company’s Knowledge, threatened, action, suit, proceeding or claim by others challenging the Company’s or any the Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesSubsidiary, and to the knowledge of the Company’s Knowledge, the Intellectual Property licensed to the Company, each of Company and the SubsidiariesSubsidiary, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s Knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware not aware of any facts which would form a reasonable basis for any such claim; (ED) the Company’s Intellectual Property as currently or formerly owned, licensed or used by the Company or proposed to be used, and the Company’s conduct of its business as currently and formerly conducted and proposed to be conducted have not, do not and will not infringe, violate or misappropriate the Intellectual Property of any Person, and, except as disclosed in the SEC Reports, the Company has not received any communication and there is no prior, pending or, to the knowledge of the Company’s Knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries the Subsidiary infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries Subsidiary has received any written notice of such claim and the Company is not aware of any other fact which would form a reasonable basis for any such claim; and (FE) each employee and consultant of the Company has entered into an invention assignment agreement with the Company and to the Company’s knowledgeKnowledge, no employee of the Company or any of its Subsidiaries the Subsidiary is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries the Subsidiary or actions undertaken by the employee while employed with the Company or any of its Subsidiariesthe Subsidiary. “Intellectual Property” shall mean all confidential information, formulas, designs, devices, research and development, methods, processes, compositions, patents, pending patent applications and provisional applications and all issuances, divisions, continuations, continuations-in-part, reissues, extensions, reexaminations and renewals of such patents and applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, Internet domain names, technology, know-how and other intellectual propertyproperty in the United States and foreign jurisdictions.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Heron Therapeutics, Inc. /De/), Securities Purchase Agreement (Rubric Capital Management LP)

Intellectual Property. The Company and each of its Subsidiaries ownssubsidiaries, possessestaken as a whole, own, or can acquire on reasonable termshave obtained valid and enforceable licensed rights to use, all Intellectual Property (the inventions, patent applications, patents, trademarks, trade names, service names, copyrights, trade secrets and other intellectual property described in the Registration Statement, Pricing Disclosure Package and the Prospectus as defined below) necessary for the conduct of being owned or licensed by them and which cover their respective businesses as now currently conducted or as described currently proposed to be conducted in the Registration Statement, Pricing Disclosure Package and the Prospectus (collectively, “Intellectual Property”). To the Company’s knowledge: (i) there are no third parties who have rights to any solely owned or exclusively licensed Intellectual Property, except for customary reversionary rights of third-party licensors with respect to Intellectual Property that is disclosed in the Registration Statement, the Pricing Prospectus Disclosure Package and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringessubsidiaries, misappropriates or otherwise violates and the Company and each of its subsidiaries, taken as a whole, have taken all reasonable steps necessary to secure their respective interests in the Intellectual Property from their respective employees and contractors; (ii) there is no infringement by third parties of any Intellectual Property or other proprietary rights of others, and Property; (iii) neither the Company nor any of its subsidiaries is infringing the Subsidiaries intellectual property rights of third parties; (iv) each of the Company and its subsidiaries is the sole owner of the Intellectual Property owned by it and has received any written notice of the valid right to use such claimIntellectual Property; and (Fv) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or such subsidiary. There is no pending or, to the Company’s knowledge, threatened action, suit, proceeding or claim by others: (A) challenging the Company’s or any of its Subsidiaries subsidiaries’ rights in or actions undertaken by to any Intellectual Property, and the employee while employed with Company is unaware of any facts which would form a reasonable basis for any such action, suit, proceeding or claim; (B) challenging the validity, enforceability or scope of any Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such action, suit, proceeding or claim; or (C) asserting that the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patentssubsidiaries infringes or otherwise violates, patent applicationsor would, upon the commercialization of any product or service described in the Registration Statement, Pricing Disclosure Package and the Prospectus as under development, infringe, misappropriate or violate, any patent, trademark, trade and name, service marksname, copyright, trade secret or other proprietary rights of others, and service mark registrationsthe Company is unaware of any facts which would form a reasonable basis for any such action, trade namessuit, copyrightsproceeding or claim. The Company and each of its subsidiaries, licensestaken as a whole, inventionshave complied in all material respects with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or such subsidiary, trade secretsand all such agreements are in full force and effect. The product candidates described in the Registration Statement, domain namesthe Pricing Disclosure Package and the Prospectus as under development by the Company fall within the scope of the claims of one or more patents or patent applications owned by, technologyor exclusively licensed to, know-how the Company or its subsidiaries. All patents and other intellectual propertypatent applications owned by or exclusively licensed to the Company or its subsidiaries or under which the Company or any of its subsidiaries has rights have, to the knowledge of the Company, been duly and properly filed and each issued patent is being diligently maintained; to the knowledge of the Company, the parties prosecuting such applications have complied with their duty of candor and disclosure to the U.S. Patent and Trademark Office (the “USPTO”) in connection with such applications; except as set forth in the Registration Statement, Pricing Disclosure Package and the Prospectus, to the Company’s knowledge, there is no patent or patent application that contains claims that dominate or may dominate (as such term is described in 35 U.S.C. §135 and 37 C.F.R. 41.100 to 41.208) with the issued or pending claims of any of the Intellectual Property of the Company or any of its subsidiaries; to the Company’s knowledge, there is no prior art material to any patent or patent application of the Intellectual Property of the Company or its subsidiaries that may render any U.S. patent held by the Company or its subsidiaries invalid or any U.S. patent application held by the Company or any of its subsidiaries unpatentable; and the Company is not aware of any facts required to be disclosed to the USPTO that were not disclosed to the USPTO and which would preclude the grant of a patent in connection with any such application or would reasonably be expected to form the basis of a finding of invalidity with respect to any patents that have been issued with respect to such applications.

Appears in 2 contracts

Sources: Underwriting Agreement (Oyster Point Pharma, Inc.), Underwriting Agreement (Oyster Point Pharma, Inc.)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, has rights to all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and its subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as would The Company has not result in a Material Adverse Effectreceived any notice of infringement or conflict with asserted Intellectual Property of others. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not reasonably be expected to result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and and, to the Company is unaware knowledge of any the Company, there are no facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity validity, enforceablility or scope of any such Intellectual Property, and and, to the Company is unaware knowledge of any the Company, there are no facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and, to the knowledge of the Company, there are no facts which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not reasonably be expected to result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Purchase Agreement (LDR Holding Corp), Purchase Agreement (LDR Holding Corp)

Intellectual Property. (a) The Company and each or one of its Subsidiaries owns, possesses, or can acquire on reasonable termsis licensed or otherwise possesses legally enforceable rights to use, all patents, trademarks, trade names, service marks, copyrights, and any application therefor, technology, know-how, computer software programs or applications, and tangible or intangible proprietary information or materials (collectively, the "Intellectual Property (as defined belowProperty") necessary for the conduct of their respective businesses as now conducted or as described that are used in the Registration Statementbusiness of the Company and its Subsidiaries as currently conducted, except for any such failures to own, be licensed or possess that would not be reasonably likely to, individually or in the Pricing Prospectus aggregate, have a Company Material Adverse Effect. All patents, trademarks, trade names, service marks and copyrights owned by the Prospectus to Company or one of its Subsidiaries are valid, except for any such items the absence of which would not be conducted. reasonably likely to, individually or in the aggregate, have a Company Material Adverse Effect. (b) Except as would not result be reasonably likely to, individually or in the aggregate, have a Company Material Adverse Effect: (i) neither the Company nor any of its Subsidiaries is, nor will it be as a result of the execution and delivery of this Agreement or the performance of its obligations hereunder, in violation of any licenses, sublicenses or other agreements as to which the Company or any of its Subsidiaries is a party and pursuant to which the Company or any of its Subsidiaries is authorized to use any third-party patents, trademarks, service marks, or copyrights ("Third-Party Intellectual Property Rights"); and (ii) no claims with respect to (A) there are no rights of third parties to the patents, registered and unregistered trademarks and service marks, registered copyrights, trade names, and any such Intellectual Property applications therefor owned by the CompanyCompany or any of its Subsidiaries (the "Intellectual Property Rights"); (B) any trade secret material to the knowledge Company or any of the Company, there is no infringement, misappropriation its Subsidiaries; or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Third-Party Intellectual Property owned by the Company and each of the SubsidiariesRights, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no are pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyPerson.

Appears in 2 contracts

Sources: Merger Agreement (Capitol Transamerica Corp), Merger Agreement (Alleghany Corp /De)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, has a valid license to use, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Time of Sale Disclosure Package and the Prospectus to be conducted. Except as , except where lack of ownership or right to use such Intellectual Property would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark ▇▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Underwriting Agreement (Nuvectra Corp), Underwriting Agreement (Nuvectra Corp)

Intellectual Property. The Company and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s business as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus SEC Reports to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property, except as such infringement, misappropriation or violation would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company’s knowledge, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any objective facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the SubsidiariesCompany, and to the Company’s knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany , has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has not received any written notice of such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company Company, except as such violation would not, individually or any of its Subsidiaries. “Intellectual Property” shall mean all patentsin the aggregate, patent applications, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyreasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Talphera, Inc.), Securities Purchase Agreement (Talphera, Inc.)

Intellectual Property. The Company and each of its the Subsidiaries ownsown, possessespossess, license or can acquire on reasonable termshave other adequate enforceable rights to use all patents, all patent applications, trademarks (both registered and unregistered), service marks, trade names, trademark registrations, service ▇▇▇▇ registrations, copyrights, licenses and know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures) (collectively, the “Intellectual Property (as defined below) Property”), necessary for the conduct of their respective businesses as now conducted as of the date hereof, except to the extent that the failure to own, possess, license or as described have other adequate rights to use such Intellectual Property would not, individually or in the Registration Statementaggregate, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in have a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the CompanyKnowledge, threatened action, suit, proceeding or claim by others that the Company and its Subsidiaries infringe or otherwise conflict with asserted Intellectual Property rights of others, which infringement or conflict, if the subject of an unfavorable decision, would result in a Material Adverse Effect; there are no pending, or to the Company’s Knowledge, threatened judicial proceedings or interference proceedings against the Company or its Subsidiaries challenging the Company’s or any of its Subsidiaries infringes, misappropriates Subsidiary’s rights in or otherwise violates any Intellectual Property to or other proprietary rights the validity of others, and neither the Company nor scope of any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledgeor any Subsidiary’s patents, patent applications or proprietary information; no employee of other entity or individual has any right or claim in any patents, patent applications or any patent to be issued therefrom that are owned or purported to be owned by the Company or any of its Subsidiaries is in or has ever been in violation by virtue of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure license or other agreement entered into between such entity or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with individual and the Company or any of its Subsidiaries Subsidiary or actions undertaken by the employee while employed with any non-contractual obligation, other than by written licenses granted by the Company or any of Subsidiary, except as would not, individually or in the aggregate, have a Material Adverse Effect; there is no pending or, to the Company’s Knowledge, threatened action, suit, proceeding or claim by others challenging the Company’s and its Subsidiaries. “’ rights in or to any Intellectual Property” shall mean all patentsProperty owned, patent applicationslicensed or optioned by the Company or any Subsidiary which claim, trade and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyif the subject of an unfavorable decision would result in a Material Adverse Effect.

Appears in 2 contracts

Sources: At Market Issuance Sales Agreement (Ur-Energy Inc), At Market Issuance Sales Agreement (Ur-Energy Inc)

Intellectual Property. (a) The Company Intellectual Property is owned by the Company or its Subsidiaries free and clear of Liens, other than (i) Permitted Liens, (ii) encumbrances, restriction or other obligations arising under any6 of the Company Intellectual Property Agreements, or (iii) Liens that would not have a Material Adverse Effect on the Company. (b) The Company and each of its Subsidiaries owns, possesseshas taken reasonable steps consistent with applicable industry practice to protect and preserve the confidentiality of material confidential information that they wish to, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement, the Pricing Prospectus and the Prospectus to be conducted. Except as would not result in a Material Adverse Effect, (A) there are no rights of obligated by third parties to any such Intellectual Property owned by the Company; (B) to, protect as Trade Secrets, and, to the knowledge Knowledge of the Company, there is no infringementmisappropriation from the Company of such Trade Secrets by any Person, except where such misappropriation or violation by third parties of any such Intellectual Property; would not have a Material Adverse Effect on the Company. (Cc) there is no pending or, to To the knowledge Knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company’s knowledge, no employee none of the Company or any of its Subsidiaries or any of its or their current products or services is in infringing upon or has ever been in violation otherwise violating the Intellectual Property of any term third party, except where such infringement would not have a Material Adverse Effect on the Company. (d) As of the date of this Agreement, the Company has not received notice of any employment contractsuit, patent disclosure agreementclaim, invention assignment agreementaction, non-competition agreementinvestigation or proceeding made, non-solicitation agreementconducted or brought by a third party that has been served upon or, nondisclosure agreement to the Knowledge of the Company, filed or threatened in writing with respect to any restrictive covenant to alleged infringement or with a former employer where the basis of such other violation relates to such employee’s employment with in any material respect by the Company or any of its Subsidiaries or actions undertaken by any of its or their current products or services or other operation of the employee while employed with Company’s or its Subsidiaries’ business of the Company Intellectual Property of such third party. As of the date of this Agreement, to the Knowledge of the Company, there is no pending or threatened claim challenging the validity or enforceability of, or contesting the Company’s or any of its Subsidiaries. “’ rights with respect to, any of the material Company Intellectual Property” shall mean all patents. (e) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby will not result in (i) the Company or its Subsidiaries granting to any third party any rights or licenses to any Company Intellectual Property, patent applications(ii) any right of termination or cancellation under any Company Intellectual Property Agreement, trade and service marksor (iii) the imposition of any Lien on any Company Intellectual Property, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyexcept where any of the foregoing (in clauses (i) through (iii)) would not have a Company Material Adverse Effect.

Appears in 2 contracts

Sources: Common Stock Purchase Agreement (Utstarcom Inc), Common Stock Purchase Agreement (Utstarcom Inc)

Intellectual Property. The Company and each of its Subsidiaries subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses the Company’s and it subsidiaries’ business as now conducted or as described in the Registration Statement, the Pricing Prospectus Statement and the Prospectus to be conducted. Except , except as such failure to own, possess, or acquire such rights would not result in a Material Adverse Effect. Furthermore, (A) there are no rights of third parties to any such Intellectual Property owned by the Company; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation by third parties of any such Intellectual PropertyProperty owned or possessed by the Company, except as such infringement, misappropriation or violation would not result in a Material Adverse Effect; (CB) there is no pending or, to the knowledge of the Company, threatened, action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s of its subsidiaries’ rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (DC) the Intellectual Property owned by the Company and each of the Subsidiariesits subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the SubsidiariesCompany and its subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim; (ED) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries subsidiaries infringes, misappropriates or otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor or any of the Subsidiaries its subsidiaries has received any written notice of such claim and the Company is unaware of any other fact which would form a reasonable basis for any such claim; and (FE) to the Company’s knowledge, no employee of the Company or any of its Subsidiaries subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiariessubsidiaries, except as such violation would not result in a Material Adverse Effect. “Intellectual Property” shall mean all patents, patent applications, trade and service marks, trade and service mark m▇▇▇ registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual property.

Appears in 2 contracts

Sources: Equity Distribution Agreement (Motus GI Holdings, Inc.), Equity Distribution Agreement

Intellectual Property. The Company and each of and/or its Subsidiaries owns, possessesown, or can acquire on reasonable termshave obtained valid and enforceable licenses for, all Intellectual Property or other rights to use, the inventions, patent applications, patents, trademarks (both registered and unregistered), tradenames, service names, copyrights, trade secrets and other proprietary information described in the SEC Reports as defined below) being owned or licensed by them or which are necessary for the conduct of their respective businesses as now currently conducted or as proposed to be conducted (including the commercialization of products or services described in the Registration StatementSEC Reports as under development), except where the Pricing Prospectus and failure to own, license or have such rights could not, individually or in the Prospectus aggregate, reasonably be expected to have a Material Adverse Effect (collectively, “Intellectual Property”); except as could not, individually or in the aggregate, reasonably be conducted. Except as would not result in expected to have a Material Adverse Effect, (Ai) there are no third parties who have or, to the Company’s knowledge, will be able to establish rights to any of the Intellectual Property of the Company or its Subsidiaries, except for, and to the extent of, the ownership rights of third parties to any such the owners of the Intellectual Property owned by which the CompanySEC Reports disclose are licensed to the Company or any of its Subsidiaries; (Bii) to the knowledge of the Company’s knowledge, there is no infringement, misappropriation or violation infringement by third parties of any such Intellectual Property; (Ciii) there is no pending or, to the knowledge of the Company’s knowledge, threatened, threatened action, suit, proceeding or claim by others challenging the Company’s or any Subsidiary’s rights its Subsidiaries’ rights, as applicable, in or to any such Intellectual Property, and the Company is and its Subsidiaries are unaware of any facts which would that could form a reasonable basis for any such action, suit, proceeding or claim; (Div) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in whole or in part, and there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others challenging the validity validity, enforceability or scope of any such Intellectual Property, and the Company is unaware of any facts which would that could form a reasonable basis for any such action, suit, proceeding or claim; (Ev) there is no pending or, to the knowledge of the Company’s knowledge, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates infringes or otherwise violates (or would, upon the commercialization of any Intellectual Property product or service described in the SEC Reports as under development, infringe or violate) any patent, trademark, tradename, service name, copyright, trade secret or other proprietary rights of others, and neither the Company nor is unaware of any facts that could form a reasonable basis for any such action, suit, proceeding or claim; (vi) the Company and/or its Subsidiaries have complied in all material respects with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or any of the Subsidiaries has received any written notice of its Subsidiaries, and all such claimagreements are in full force and effect; and (Fvii) to the Company’s knowledge, there is no employee patent or patent application that contains claims that interfere with the issued or pending claims of any of the Company Intellectual Property or that challenges the validity, enforceability or scope of any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any restrictive covenant to or with a former employer where the basis of such violation relates to such employee’s employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of its Subsidiaries. “Intellectual Property” shall mean all patents; and (viii) to the Company’s knowledge, there is no prior art that may render any patent applications, trade application within the Intellectual Property unpatentable that has not been disclosed to the U.S. Patent and service marks, trade and service mark registrations, trade names, copyrights, licenses, inventions, trade secrets, domain names, technology, know-how and other intellectual propertyTrademark Office.

Appears in 2 contracts

Sources: Purchase Agreement (HealthCare Ventures IX, L.P.), Purchase Agreement (Leap Therapeutics, Inc.)