IP Company definition
Examples of IP Company in a sentence
In the event Company incorporates any Background IP into any Deliverable or if any Deliverable embodies or would otherwise infringe on any Background IP, Company hereby grants a nonexclusive, royalty-free, perpetual, irrevocable, transferable, sublicensable, worldwide license to fully exploit any such Background IP solely in connection with the Deliverables.
Prior to providing any Third Party IP to DWA as part of any Company Derivative IP, Company will provide DWA with a list of such Third Party IP (except to the extent such Third Party IP is supplied by or at the direction of DWA or any of its Affiliates, including any Third Party IP that is embedded or incorporated into or otherwise provided by DWA to Company as part of or in connection with any DWA IP) (the “Company Third Party IP”).
The Licensee shall at any time, at the request and expense of the Licensor, whether during or after the term of this Agreement, execute such assignments, assurances or other documents as shall be reasonably required by the Licensor, Inmarsat (IP) Company Limited or the Organization to give effect to the provisions of this paragraph.
In particular, but without limitation, the Licensee shall not represent its use of the Trade Marks as indicating or holding out that a legal partnership arrangement exists between the Licensor, Inmarsat (IP) Company Limited or the Organization and the Licensee or that any other relationship exists between the parties other than that of licensor and licensee (or sub-licensee, as appropriate).
With respect to Company IP, Company and each of its Subsidiaries have taken commercially reasonable steps to protect the rights of Company and its Subsidiaries in Company’s and its Subsidiaries’ confidential information and trade secrets and any trade secrets or confidential information of third parties provided to Company or any of its Subsidiaries under an obligation of confidentiality.
Each of the Owned IP, Company Software and, to the Knowledge of the Company and Seller, the Licensed Company IP, is subsisting, valid and enforceable, and has not been adjudged invalid or unenforceable in whole or in part.
Each of the Owned IP, Company Software and, to the Knowledge of the Company, the Licensed IP, is subsisting, valid and enforceable, and has not been adjudged invalid or unenforceable in whole or part.
A Group Company is the owner of the entire and unencumbered right, title and interest in and to each item of Owned IP and Company Software, and the Group Companies are entitled to use, and are using in their respective businesses, the Owned IP, Company Software and Licensed IP in the Ordinary Course of Business.
Each Target Company has implemented commercially reasonable operational, managerial, physical, and technical safeguards and controls to protect Company Owned IP, Company Products, Company Software, and any Personal Data under its control, where applicable, against loss, damage, and unauthorized access, use, modification, or other misuse.
Part 2.9(g) of the Disclosure Schedule sets forth: (i) all material undertakings given in connection with the IIA grants; (ii) the aggregate amount of each payment or transfer made on account of an IIA grant; (iii) the aggregate outstanding obligations of the Company under each IIA grant with respect to royalties or other payments; and (iv) the composition of such obligations or amounts by the patent or other Company Owned IP, Company Product or product family to which it relates.