Group Company definition
Examples of Group Company in a sentence
All former or current employees, contractors, agents and consultants of a Group Company who are or were involved in the creation of any Intellectual Property for such Group Company have executed an assignment of inventions agreement that vests in the Group Company exclusive ownership of all right, title and interest in and to such Intellectual Property, to the extent not already provided by Law.
Each Group Company has all requisite legal and corporate power and authority to own, lease and operate its properties and assets and to carry on its business as now conducted, and is duly qualified to transact business in each jurisdiction it conducts its business.
The Company, in respect of itself and any other Group Company, including NKGen Korea, and NKGen Korea, in respect of itself and any of its Subsidiaries that is a Group Company, shall procure the performance of the provisions of this Section 4 applicable to an Offering Company for the benefit of the Investor.
It will not be necessary to utilize any inventions, trade secrets or proprietary information or other Intellectual Property of any of its employees or of any other Person (whether a former employee of a Group Company or otherwise), except for inventions, trade secrets or proprietary information that have been properly assigned to and are exclusively owned by a Group Company.
No Approval with respect to or on the part of any Group Company, any PD Founder or PD Founder Holdco is required in connection with its valid execution, delivery, or performance of the transactions contemplated by this Agreement or the Transaction Documents or the offer, sale, issuance or reservation for issuance of the Note, the Founding Partner Preferred Shares or Conversion Shares.