Inbound IP License definition

Inbound IP License has the meaning set forth in Section 3.10(b).
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Inbound IP License means any Contract pursuant to which any Seller is granted any license, covenant not to ▇▇▇ or other rights to use any (i) Intellectual Property or (ii) data (including personal data and personally identifiable information); provided, however, that the term “Inbound IP License” shall not include any Outbound IP License.
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Inbound IP License means any Contract pursuant to which any Seller is granted any license, covenant not to sue or other rights to use any (i) Intellectual Property or (ii) data (including personal data and personally identifiable information); provided, however, that the term “Inbound IP License” shall not include any Outbound IP License.
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Examples of Inbound IP License in a sentence

  • Sellers have provided to Purchaser a correct copy of each Inbound IP License and Outbound IP License, including all amendments, modifications, exhibits, and schedules.

  • Each Inbound IP License and Outbound IP License is in full force and effect and constitutes a legal, valid, and binding obligation of Sellers or the Company (as applicable) and the other party or parties thereto, enforceable against Sellers or the Company (as applicable) and such other party or parties in accordance with its terms, subject to the Enforceability Limitations.

  • The Company has received no written notice from any counterparty to any Inbound IP License of any threatened loss of any applicable Company Intellectual Property, and the consummation of the Transactions do not and will not (with notice, the happening of any event and/or the passage of time or notice) result in the loss or expiration of any license of Intellectual Property rights of the Company pursuant to any Contract to which the Company is bound.

  • True, correct and complete copies of each Inbound IP License have been made available to Buyer.

  • The Company has provided to Purchaser a correct copy of each Inbound IP License and Outbound IP License, including all amendments, modifications, exhibits, and schedules.

  • The Parent has received no written notice from any counterparty to any Inbound IP License of any threatened loss of any applicable Parent Intellectual Property, and the consummation of the Transactions do not and will not (with notice, the happening of any event and/or the passage of time or notice) result in the loss or expiration of any license of Intellectual Property rights of the Parent pursuant to any Contract to which the Parent is bound.

  • The Company has performed and complied with all of its covenants and obligations under each Inbound IP License and Outbound IP License, and neither the Company nor any other party to any Inbound IP License or Outbound IP License is in, or is alleged to be in, breach of or default under such Inbound IP License or Outbound IP License.

  • Each Inbound IP License and Outbound IP License is in full force and effect and constitutes a legal, valid, and binding obligation of the Company and the other party or parties thereto, enforceable against the Company and such other party or parties in accordance with its terms, subject to the Enforceability Limitations.

  • Each Inbound IP License and Outbound IP License is in full force and effect and constitutes a legal, valid, and binding obligation of Seller or the Company (as applicable) and the other party or parties thereto, enforceable against Seller or the Company (as applicable) and such other party or parties in accordance with its terms, subject to the Enforceability Limitations.

  • Neither the Company, nor, to the Company’s Knowledge, no counterparty to any Inbound IP License, is in material breach of any Inbound IP License.


More Definitions of Inbound IP License

Inbound IP License means any agreement, related to the Business, pursuant to which the Company or any Company Sub is licensed (directly or through a license to MNST and its Subsidiaries) to use or otherwise commercially exploit any Intellectual Property Rights of other Persons.
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