Business Licensed Intellectual Property definition

Business Licensed Intellectual Property means any and all Intellectual Property owned by a third party that is licensed or sublicensed or purported to be licensed or sublicensed, or for which such third party has granted or purported to have granted a covenant not to sue, to (a) a Purchased Company or (b) to a Seller Entity if, and only if, the Contract providing for such license, sublicense or covenant not to sue is included in the Transferred Business Contracts, in each case which is Related to the Business.
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Business Licensed Intellectual Property means the Intellectual Property licensed to the Company or the Asset Seller by a third-party, but excluding any software that is generally commercially available.
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Business Licensed Intellectual Property means the Intellectual Property of Parent and its Affiliates identified on Section 3.08(a)(i) of the Seller Disclosure Schedule.
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Examples of Business Licensed Intellectual Property in a sentence

  • The Sellers and Altair U.S. (i) exclusively own and possess all right, title, and interest in and to all Business Owned Intellectual Property and Business Owned Technology, free and clear of all Liens, except for Permitted Liens, and (ii) have the right to use, pursuant to a valid and enforceable agreement, all Business Licensed Intellectual Property and Business Licensed Technology.


More Definitions of Business Licensed Intellectual Property

Business Licensed Intellectual Property means all Intellectual Property that is licensed by any third party to Transferor and used in the
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Business Licensed Intellectual Property means all Intellectual Property that is licensed under an Assumed Contract.
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Business Licensed Intellectual Property means proprietary, intangible know-how, such as information, inventions, formulas, materials, processes, developments, technology, research and trade secrets, owned by Sellers as of the Closing Date which is predominantly related to the design or manufacture of the Prolieve Products.
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Business Licensed Intellectual Property means Intellectual Property owned by any Person other than Seller or its Affiliate that (i) is licensed to Seller or its Affiliate, (ii) for which Seller or its Affiliate has received from such Person a covenant not to sue or assert or other immunity from suit, or (iii) such Person has undertaken an obligation to Seller or its Affiliate to assert any Intellectual Property against one or more Persons prior to asserting such Intellectual Property against Seller or its Affiliate or an obligation to exhaust remedies as to particular Intellectual Property against one or more Persons prior to seeking remedies against Seller or its Affiliate, in each case of (i) –(iii) above used in the conduct of the Business.
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Business Licensed Intellectual Property means Intellectual Property owned by any Person other than Seller or its Affiliate that (i) is licensed to Seller or its Affiliate, (ii) for which Seller or its Affiliate has received from such Person a covenant not to xxx or assert or other immunity from suit, or (iii) such Person has undertaken an obligation to Seller or its Affiliate to assert any Intellectual Property against one or more Persons prior to asserting such Intellectual Property against Seller or its Affiliate or an obligation to exhaust remedies as to particular Intellectual Property against one or more Persons prior to seeking remedies against Seller or its Affiliate, in each case of (i) – (iii) above used in the conduct of the Business.
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Related to Business Licensed Intellectual Property

  • Licensed Intellectual Property means Intellectual Property licensed to the Company pursuant to the Company IP Agreements.

  • Company Licensed Intellectual Property means all Intellectual Property that is licensed to the Company or a Subsidiary by any third party.

  • Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

  • Licensed Intellectual Property Rights means all Intellectual Property Rights owned by a third party and licensed or sublicensed to either the Company or any of its Subsidiaries.

  • Excluded Intellectual Property means any Intellectual Property (including Software, but excluding Trademarks), owned by Seller and its Affiliates as of the date hereof that is not Acquired IP.

  • Transferred Intellectual Property means (i) all Intellectual Property Rights owned by the Acquired Companies, (ii) the Transferred Trademarks, (iii) the Transferred Patents, (iv) the Transferred Domains, and (v) all other Intellectual Property Rights owned by Sellers or their respective Affiliates as of the Closing Date that are exclusively used in or are exclusively related to the development, manufacture, marketing, use or sale of the Business Products.

  • Intellectual Property License means any license, sublicense, right, covenant, non-assertion, permission, immunity, consent, release or waiver under or with respect to any Intellectual Property Rights or Technology.

  • Product Intellectual Property means all of the following related to a Divestiture Product (other than Product Licensed Intellectual Property):

  • Intellectual Property Licenses means (i) any grant by the Company to another Person of any right, permission, consent or non-assertion relating to or under any of the Purchased Intellectual Property and (ii) any grant by another Person to the Company of any right, permission, consent or non-assertion relating to or under any third Person’s Intellectual Property.

  • Intellectual Property License Agreement shall have the meaning set forth in Section 6.11.

  • Intellectual Property the collective reference to all rights, priorities and privileges relating to intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including copyrights, copyright licenses, patents, patent licenses, trademarks, trademark licenses, technology, know-how and processes, and all rights to xxx at law or in equity for any infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom.

  • New Intellectual Property means all data, discoveries, developments, inventions (whether patentable or not), improvements, methods of use or delivery, processes, know-how, or trade secrets which are generated, conceived, reduced to practice or otherwise made by or on behalf of Recipient as a result of the conduct of the Research Plan or as a result of the use of any Data Set provided to Recipient under this Agreement.

  • Seller Intellectual Property means any Intellectual Property that is owned by either Seller and primarily used in connection with the Business.

  • Foreground Intellectual Property means all Intellectual Property developed by either Party pursuant to this Agreement;

  • Owned Intellectual Property means any and all Intellectual Property owned or purported to be owned by the Company or any of its Subsidiaries.

  • Company Intellectual Property means any Intellectual Property that is owned or purported to be owned by the Company or any of its Subsidiaries.

  • Background Intellectual Property means all Intellectual Property introduced and required by either Party to give effect to their obligations under this Agreement owned in whole or in part by or licensed to either Party or their affiliates prior to the Commencement Date or developed after the Commencement Date otherwise pursuant to this Agreement;

  • Project Intellectual Property means the legal rights relating to inventions (including Subject Inventions as defined in 37 CFR 401), patent applications, patents, copyrights, trademarks, mask works, trade secrets, and any other legally protectable information, including computer software, first made or generated during the performance of this STTR Agreement.

  • Intellectual Property (IP) means all copyright, rights in relation to inventions (including patent rights and unpatented technologies), plant varieties, registered and unregistered trademarks (including service marks), registered designs, confidential information (including trade secrets and know-how), mask-works and integrated circuit layouts, and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields;

  • Scheduled Intellectual Property has the meaning set forth in Section 3.12(a).

  • Company Intellectual Property Rights means Intellectual Property Rights owned by or purported to be owned by, or exclusively licensed to, the Company or any of its Subsidiaries.

  • Assigned Intellectual Property has the meaning set forth in Section 2.1 (Assigned Intellectual Property).

  • Third Party Intellectual Property means the Intellectual Property Rights of a third party which Supplier uses or incorporates into the Work.

  • Owned Intellectual Property Rights means any and all Intellectual Property Rights owned or purported to be owned by the Company or any of its Subsidiaries.

  • Owned Company Intellectual Property means that portion of the Company Intellectual Property and Company Intellectual Property Rights that is owned by the Company Entities.

  • Registered Intellectual Property Rights means all Intellectual Property Rights that are the subject of an application, certificate, filing, registration, or other document issued by, filed with, or recorded by, any Governmental Authority in any jurisdiction.