Examples of Company-Owned IP Rights in a sentence
The Company and its Subsidiaries own and have good and exclusive title to each item of Company-Owned IP Rights, free and clear of any Liens (other than Permitted Liens).
Neither the Company nor any of its Subsidiaries is a party to or bound by any decree, judgment, order, or arbitral award that would or could reasonably be expected to require the Company or any of its Subsidiaries to grant to any third party any license, covenant not to xxx, immunity or other right with respect to any Company-Owned IP Rights or that affects the terms and conditions under which any such license, covenant, immunity or other right is, may be, or must be granted.
Neither the execution and delivery or effectiveness of this Agreement nor the performance of the Company’s obligations under this Agreement will cause (i) the forfeiture or termination of, or give rise to a right of forfeiture or termination of any Company-Owned IP Right, or (ii) additional payment obligations by the Company in order to use or exploit the Company-Owned IP Rights to the same extent as the Company and is Subsidiaries were permitted before the Agreement Date.
To the Knowledge of the Company, there is no unauthorized use, unauthorized disclosure, infringement or misappropriation of any Company-Owned IP Rights, by any third party.
Without limiting the foregoing, the Company has obtained written and enforceable proprietary information and invention disclosure and Intellectual Property rights assignments from all current and former Company Authors with respect to all Company-Owned IP Rights.