Intellectual Property definition
Examples of Intellectual Property in a sentence
To the Company’s knowledge, there are no material defects in any of the patents or patent applications included in the Intellectual Property.
The Intellectual Property of the Company and its subsidiaries has not been adjudged by a court of competent jurisdiction to be invalid or unenforceable, in whole or in part.
To the Company’s knowledge: (i) there are no third parties who have rights to any Intellectual Property, including no liens, security interests, or other encumbrances; and (ii) there is no infringement by third parties of any Intellectual Property, except, in each case, which, individually or in the aggregate, have not had and would not reasonably be expected to have a Material Adverse Effect.
The Company and its subsidiaries have complied in all material respects with the terms of each agreement pursuant to which Intellectual Property has been licensed to the Company or any of its subsidiaries in all material respects, and to the Company’s knowledge all such agreements are in full force and effect.
The Company and its subsidiaries have taken all reasonable steps to protect, maintain and safeguard their Intellectual Property.