Foreign Intellectual Property definition
Examples of Foreign Intellectual Property in a sentence
As of the Effective Date, all material, registered Intellectual Property (including Intellectual Property governed by or arising or existing under, pursuant to or by virtue of the laws of Canada (including any province and territory thereof), but excluding other Foreign Intellectual Property) owned, used or licensed by, or otherwise subject to any interests of, Loan Parties is shown on Schedule 5.15.
Upon request of the Collateral Agent, such Grantor shall execute and deliver, and have recorded, any and all agreements, instruments, documents, and papers as the Collateral Agent may reasonably request to evidence the security interest granted under this Agreement in any Copyright, Patent or Trademark (other than the Foreign Intellectual Property) and the goodwill of such Grantor relating thereto or represented thereby.
Parent and each of its Subsidiaries owns, or has the legal right to use, all Intellectual Property and Foreign Intellectual Property necessary for each of them to conduct its business as currently conducted except for those the failure to own or have such legal right to use could not be reasonably expected to have a Material Adverse Effect.
Liens over intellectual property will only be required to be perfected in the United States of America, except with respect to Foreign Intellectual Property issued or registered by, or applied-for in Ireland or Luxembourg.
Where any relevant Notes Party has the right to the use of any Foreign Intellectual Property through contractual arrangements to which it is a party, a Lien over such contract and/or any rights arising thereunder shall be given in favor of the Notes Collateral Agent on behalf of each First Priority Notes Secured Party, except to the extent (and for so long as) the giving over of such Liens would contravene any legal or contractual prohibition.