Company Licensed Intellectual Property definition

Company Licensed Intellectual Property means Intellectual Property Rights owned by any Person (other than a Group Company) that is licensed to any Group Company.

Company Licensed Intellectual Property means all Intellectual Property that is licensed to the Company or any of its Subsidiaries by any third party (other than any off-the-shelf software program that is licensed by the Company or any of its Subsidiaries pursuant to a “shrink wrap” license, the fees associated with a single copy of or license to which are less than $5,000 per year).

Company Licensed Intellectual Property means the Intellectual Property owned by third Persons that is used in or necessary for the operation of the respective businesses of the Company and each of its Subsidiaries as presently conducted.

Examples of Company Licensed Intellectual Property in a sentence

• Neither the execution of this Agreement nor the consummation of any Transaction shall materially adversely affect any Group Company’s rights with respect to the material Company Owned Intellectual Property or the Company Licensed Intellectual Property.

• The Company Owned Intellectual Property and the Company Licensed Intellectual Property, to the Company’s Knowledge, constitute all of the Intellectual Property used or held for use by the Company or its Subsidiaries in the operation of their respective businesses, and all Intellectual Property necessary and sufficient to enable the Company and its Subsidiaries to conduct their respective businesses as currently conducted in all material respects.

• To the knowledge of the Company, there are no pending or, to the knowledge of the Company, threatened Actions by any person alleging the validity, enforceability, ownership of or the right to use any Company Owned Intellectual Property or any Company Licensed Intellectual Property.

• None of the Company Owned Intellectual Property and, to the Company’s Knowledge, none of the Company Licensed Intellectual Property is subject to any outstanding Order that restricts in any manner the use, sale, transfer, licensing or exploitation thereof by the Company or its Subsidiaries or affects the validity, use or enforceability of any such Company Owned Intellectual Property.

• The Company and its Subsidiaries, and to the knowledge of the Company, the other parties thereto are not in material breach of any of the license agreements covering the Company Licensed Intellectual Property.

More Definitions of Company Licensed Intellectual Property

Company Licensed Intellectual Property means each item of Intellectual Property licensed to the Company.

Company Licensed Intellectual Property has the meaning set forth in Section 3.13(b).

Company Licensed Intellectual Property means all Intellectual Property owned by third Persons and licensed to Company. Unless otherwise noted, all references to “Company Intellectual Property” refer to both Company Owned Intellectual Property and Company Licensed Intellectual Property.

Company Licensed Intellectual Property. Section 3.17(a)

Company Licensed Intellectual Property means Intellectual Property Rights owned by any Person (other than the Company) that is licensed to the Company.

Company Licensed Intellectual Property means all Company Intellectual Property that is not Company-Owned Intellectual Property.

Company Licensed Intellectual Property is defined in Section 5.11(a).