Common use of Judgments and Settlements Clause in Contracts

Judgments and Settlements. Except as provided in Schedule 3.26, the IT Property or IP Rights of the Sellers or the Acquired Subsidiaries or, to Seller's knowledge, the right of any third party licensor to the intellectual property licensed pursuant to the Inbound Technology Agreements, are not subject to any outstanding settlement agreement, order, ruling, decree, judgment, or stipulation preventing their use by Buyer Purchasers in the Business as currently conducted.

Appears in 1 contract

Sources: Asset Purchase Agreement (Wang Laboratories Inc)

Judgments and Settlements. Except as provided in Schedule 3.26, the The IT Property or IP Rights of the Sellers or the Acquired Subsidiaries Seller or, to Seller's knowledge, the right of any third party licensor to the intellectual property licensed pursuant to the Inbound Technology Agreements, are not subject to any outstanding settlement agreement, order, ruling, decree, judgment, or stipulation preventing their use by Buyer Purchasers in the Business as currently conductedBusiness.

Appears in 1 contract

Sources: Asset Purchase Agreement (Pharmos Corp)