Common use of URLs Clause in Contracts

URLs. (i) Uni-Pixel is the owner of all right, title, and interest in and to each URL, free and clear of all liens, security interests, encumbrances, equities and other adverse claims. (ii) All URLs that have been registered with the appropriate applicable private or public URL registries, domestic and foreign, are currently in compliance with all formal Legal Requirements (including the timely post-registration filing of affidavits of use and incontestability and renewal applications, if any), are valid and enforceable, and are not subject to any maintenance fees or Taxes or actions falling due within ninety (90) days after the Closing Date. (iii) No registered URL or pending URL application has been or is now involved in any opposition, invalidation, or cancellation and, to the knowledge of Uni-Pixel, no such action is threatened with respect to any of the URLs. (iv) To the knowledge of Uni-Pixel, there is no potentially interfering URL or URL application of any third party. (v) To the knowledge of Uni-Pixel, no URL is infringed or has been challenged or threatened in any way. To the knowledge of Uni-Pixel, none of the URLs infringes or is alleged to infringe any URL of any third party.