Common use of Patents and Other Intangible Assets Clause in Contracts

Patents and Other Intangible Assets. (a) The Company (i) owns or has the right to use, free and clear of all Liens, claims and restrictions, all patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect to the foregoing used in or necessary for the conduct of its business as now conducted without infringing upon or otherwise acting adversely to the right or claimed right of any Person under or with respect to any of the foregoing and (ii) is not obligated or under any liability to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any patent, trademark, service xxxx, trade name, copyright or other intangible asset, with respect to the use thereof or in connection with the conduct of its business or otherwise.

Appears in 2 contracts

Samples: Agreement of Merger and Plan of Reorganization (Ip Technology Services, Inc.), Agreement of Merger and Plan of Reorganization (Blue Calypso, Inc.)

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Patents and Other Intangible Assets. (a) The Except as set forth in Schedule 4.7, the Company (i) owns or has the right to use, free and clear of all Liens, claims and restrictions, all patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect to the foregoing used in or necessary for the conduct of its business as now conducted without infringing upon or otherwise acting adversely to the right or claimed right of any Person under or with respect to any of the foregoing and (ii) is not obligated or under any liability obligation to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any patent, trademark, service xxxx, trade name, copyright or other intangible asset, with respect to the use thereof or in connection with the conduct of its business or otherwise.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Gilder Enterprises Inc), Agreement and Plan of Merger (MedaSorb Technologies CORP)

Patents and Other Intangible Assets. (a) The Except as set forth in Schedule 2.16, the Company (i) owns or has the right to use, free and clear of all Liens, claims and restrictions, all patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect to the foregoing used in or necessary for the conduct of its business as now conducted or proposed to be conducted without infringing upon or otherwise acting adversely to the right or a claimed right of any Person under or with respect to any of the foregoing and (ii) is not obligated or under any liability to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any patent, trademark, service xxxxmark, trade name, copyright or other intangible asset, with respect to the tx xxe use thereof or in connection with the conduct of its business or otherwisebusiness.

Appears in 1 contract

Samples: Agreement of Merger and Plan of Reorganization (Lions Gate Investment LTD)

Patents and Other Intangible Assets. (a) The Company (i) owns or has the right to use, free and clear of all Liens, claims and restrictions, all patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect to the foregoing used in or necessary for the conduct of its business as now conducted without infringing upon or otherwise acting adversely to the right or claimed right of any Person under or with respect to any of the foregoing and (ii) is not obligated or under any liability to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any patent, trademark, service xxxxmark, trade name, copyright or other intangible asset, with respect to the use thereof or in connection with the conduct of its business or otherwise.

Appears in 1 contract

Samples: Securities Exchange Agreement (Sustainable Projects Group Inc.)

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Patents and Other Intangible Assets. (a) The Except as set forth in Schedule 2.15, the Company (i) owns or has the right to use, free and clear of all Liens, claims and restrictions, all patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect to the foregoing used in or necessary for the conduct of its business as now conducted or proposed to be conducted without infringing upon or otherwise acting adversely to the right or a claimed right of any Person under or with respect to any of the foregoing and (ii) is not obligated or under any liability to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any patent, trademark, service xxxxmxxx, trade name, copyright or other intangible asset, with respect to the use thereof or in connection with the conduct of its business or otherwisebusiness.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Clear System Recycling, Inc.)

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