Common use of Ownership Free and Clear Clause in Contracts

Ownership Free and Clear. The Company exclusively owns all right, title and interest to and in the Company IP (other than Intellectual Property Rights jointly owned with other Person, as identified in Part 2.10

Appears in 1 contract

Samples: Stock Purchase Agreement (Silicon Graphics International Corp)

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Ownership Free and Clear. The Company and its Subsidiaries exclusively owns own all right, title and interest to and in the Company IP (free and clear of any Liens, other than Intellectual Property Rights jointly owned Permitted Liens. The Company and its Subsidiaries have the exclusive right to bring infringement actions with other Person, as identified in Part 2.10respect to the Company IP. The Subsidiaries of the Company do not own any material Company IP. Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Roku, Inc)

Ownership Free and Clear. The Company and its Subsidiaries exclusively owns own all right, title and interest to and in the Company IP IP, free and clear of any Liens (other than excluding non-exclusive licenses entered into in the ordinary course of business), including all Intellectual Property and Intellectual Property Rights jointly owned with other Person, as identified embodied by or incorporated in Part 2.10the Company Products (but excluding Licensed IP). Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Zovio Inc)

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Ownership Free and Clear. The Company solely and exclusively owns all right, title and interest to and in the Company IP (other than free and clear of any Liens, including all Intellectual Property and Intellectual Property Rights jointly owned with other Personembodied in the Company Products, except for the Licensed IP. Notwithstanding the assignments of Company IP made as identified in Part 2.10part of customized nonrecurring engineering services provided by the Company to its customers, the Company has preserved its ownership of material Company IP necessary to perform its activities under its customer contracts. Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Agreement and Plan of Merger (ChaSerg Technology Acquisition Corp)

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