Licensed Company IP definition

Licensed Company IP means the Intellectual Property owned by a third party that Company or any of its Subsidiaries has a right to use or exploit by virtue of a License Agreement.

Licensed Company IP means all Intellectual Property Rights that are licensed to the Company or any Company Subsidiary by third parties.

Licensed Company IP means all Company IP other than the Owned Company IP.

Examples of Licensed Company IP in a sentence

• No Owned Company IP or Licensed Company IP is being used or enforced in a manner that would result in the abandonment, cancellation or unenforceability of such Intellectual Property.

• The Owned Company IP and Licensed Company IP constitute all the Intellectual Property necessary and sufficient to conduct the businesses of Company and its Subsidiaries as they are currently conducted, as they have been conducted since December 28, 2007.

• The Owned Company IP and, to the knowledge of Company, Licensed Company IP, are valid, subsisting and enforceable.

• Except as would not reasonably be expected to have a Material Adverse Effect on the Company, (i) the Company and its Subsidiaries collectively own all right, title and interest in all Owned Company IP and have a valid right to use all Licensed Company IP, in each case, free and clear of any Liens and (ii) there are no obligations to, covenants to or restrictions from third parties affecting the Company’s or its applicable Subsidiary’s use, enforcement, transfer or licensing of the Owned Company IP.

• The Parent Parties hereby acknowledge and agree that, as between the Parties, the Company Parties are the sole and exclusive owners of all right, title and interest in and to the Licensed Company IP.

More Definitions of Licensed Company IP

Licensed Company IP has the meaning set forth in Section 3.17(a).

Licensed Company IP means all Company IP that is not owned solely or jointly by the Company or any of its Subsidiaries, and that the Company or any of its Subsidiaries has a right to use or exploit by virtue of any Contract entered into with the sole owner, or one or more joint owner(s), of such Company IP.

Licensed Company IP means the Intellectual Property that is owned, in whole or in part, by any Person other than the Company or any of its Subsidiaries and that is used or held for use by the Company or any of its Subsidiaries with respect to the business of the Company as currently conducted.

Licensed Company IP means the Intellectual Property owned by a third Person that the Company or any of its Subsidiaries has a right to use or exploit by virtue of a License Agreement.

Licensed Company IP has the meaning set forth in Section 2.2.

Licensed Company IP means all Company IP and the Intellectual Property Rights of the Company other than the Owned Company IP.

Licensed Company IP means all Company IP and Company Intellectual Property Rights, other than the Owned Company IP.