IP Closing definition

IP Closing means (i) the purchase and sale of the Seller Names and other Intellectual Property, and (ii) the delivery of the Base Purchase Price.
Sample 1
IP Closing has the meaning set forth in Section 3.2(b)(ii).
Sample 1Sample 2
IP Closing means the closing of the sale and purchase of the Trademarks, IP Shares and the Unregistered IP hereunder.
Sample 1

Examples of IP Closing in a sentence

  • The Seller hereby makes the representations and warranties in this Article V to the Purchaser as of the Execution Date, as of the IP Closing Date and as of the Final Closing Date (except with respect to representations and warranties made as of a particular date, which shall be deemed to be made only as of such date), except as qualified or supplemented by Sections in the Seller Disclosure Schedule attached hereto (the “Seller Disclosure Schedule”).

  • There are no conditions to the payment of such funds or, in the case of any such existing financing commitments, to the drawing of amounts thereunder which cannot be satisfied by the Purchaser as of the date hereof and as of the IP Closing Date and the Closing Date.

  • The Purchaser has, or will have as of each Closing, the financial capability and all sufficient funds on hand or existing financing commitments available in order to consummate the transactions contemplated in this Agreement, on the terms contained herein, and will have all such capability and funds on the IP Closing Date and/or the Final Closing Date.

  • This obligation shall cease to apply to DVS upon the occurrence of later to occur of the IP Closing and the Asset Closing, provided however that confidential information concerning Hyundai's other businesses shall be kept confidential.

  • Upon the terms and subject to the conditions of the Purchase Price Escrow Agreement, at the IP Closing the Purchase Price Escrow Funds shall be released by the Escrow Agent to the Seller.

  • Subject to the terms and conditions of this Agreement, at the closing of the license of the Intangible Assets (the "IP Closing"), Hyundai will grant to DVS a perpetual, worldwide, royalty-free license to use the Intangible Assets other than the Three Patents as defined hereinbelow, and DVS will license the Intangible Assets other than the Three Patents from Hyundai for 2,000,000 shares of common stock of DVS (the "Common Stock").

  • At or prior to the earlier to occur of the IP Closing and the Asset Closing, Hyundai and DVS shall have entered into the Subcontracting Agreement.

  • At or prior to the earlier to occur of --------------------- the IP Closing and the Asset Closing, Hyundai shall have entered into a three- year Non-Compete Agreement in substantially the form attached hereto as Exhibit B.

  • Codon-optimized Gaussia luciferase cDNA for mammalian gene expression in culture and in vivo.

  • The Vendor shall not be obligated to complete the IP Closing unless, at or before the IP Closing Time, each of the conditions listed below in this Section 9.3 has been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendor.

Related to IP Closing

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • Second Closing has the meaning set forth in Section 2.2.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • First Closing has the meaning set forth in Section 2.1(a).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • IPO Closing Date means the closing date of the IPO.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Final Closing means the last closing under the Private Placement;