Examples of Intellectual Property Asset in a sentence
No employee, director, officer or shareholder of Priveco owns directly or indirectly in whole or in part, any Intellectual Property Asset which Priveco is presently using or which is necessary for the conduct of its business.
As one explained it, “At first it was tough, I did not feel accepted, had no friends, but once I learned the language, I made friends, Germans and international friends, and feel now more like part of the society” (1BH1996).
Most UAE businesses will own some form of Intellectual Property Asset (e.g. their trademark, technical know-how relating to their processes, copyright in their works etc.), but not earn separately identifiable income from such assets.
Each Intellectual Property Asset owned or used by Seller immediately prior to the Closing Date will be owned or available for use by Buyer on identical terms and conditions immediately subsequent to the Closing Date hereunder.
The Licensee did not create the Intellectual Property Asset which it holds for the purpose of its business, and2.