Common use of Sufficiency Clause in Contracts

Sufficiency. Each of the Acquired Corporations owns or otherwise has, and after the Closing Parent will have, all Intellectual Property Rights needed to conduct its business as currently conducted and planned to be conducted.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Website Pros Inc), Agreement and Plan of Merger and Reorganization (WEB.COM, Inc.), Agreement and Plan of Merger and Reorganization (Website Pros Inc)

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Sufficiency. Each of the The Acquired Corporations owns Companies own or otherwise hashave, and after the Closing Parent will have, all Intellectual Property Rights needed to conduct its business as currently conducted and planned to be conducted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger And (Dot Hill Systems Corp), Agreement and Plan of Merger And (Websense Inc)

Sufficiency. Each of the Acquired Corporations The Company owns or otherwise has, and after the Closing Parent will have, all Intellectual Property Rights needed to conduct its business as currently conducted and planned to be conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Patient Infosystems Inc)

Sufficiency. Each of the Acquired Corporations owns or otherwise has, and after the Closing Parent will own or otherwise have, all Intellectual Property Rights needed necessary to conduct its the Acquired Corporations’ business as currently conducted and planned to be conductedin all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Servidyne, Inc.)

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Sufficiency. Each of the The Acquired Corporations owns own or otherwise hashave, and immediately after the Closing Parent will continue to have, all Intellectual Property Rights needed to conduct its business their respective businesses as currently conducted and planned to be conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Synopsys Inc)

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