Intellectual Property Right definition
Examples of Intellectual Property Right in a sentence
Notwithstanding the foregoing, the license grants in Section 4.12(a) and Section 4.12(b) (i) will immediately terminate for any particular Intellectual Property Right licensed thereunder when no enforceable rights in such Intellectual Property Right remain; and (ii) will immediately terminate in its entirety when no enforceable rights in any Intellectual Property Right licensed thereunder remain.
In connection with this Restated Agreement, or the activities of the Parties in furtherance of this Restated Agreement, no license, covenant, immunity, authorization or other right will be implied, whether by reason of statute, estoppel, or otherwise, with respect to any Intellectual Property Right.
This Section 4.23(c) shall not be construed as a representation that the Borrower or any Subsidiary is Infringing any Intellectual Property Right of any Person.
The Seller shall promptly inform the Buyer of any infringement, misappropriation, or violation by a Third Party of any Patent Right or other Intellectual Property Right, or of the receipt of any written notice from a Third Party alleging that any Patent Right or other Intellectual Property Right is invalid or unenforceable.
To the knowledge of the Borrower, except as set forth on Schedule 4.23(j)(2), the conduct of its respective business and the business of the Subsidiaries (including the development, manufacture, use, sale or other commercialization of any Product) does not Infringe any Intellectual Property Right of any Third Party, except as would not reasonably be expected to have a Material Adverse Effect.