Examples of Licensed Intellectual Property Assets in a sentence
With the exception of the Excluded Assets, the Purchased Assets (a) include all Patent Rights owned by the Company or any of its Subsidiaries and all Seller Intellectual Property Assets, including all Licensed Intellectual Property Assets, and (b) include all of the other assets, including all tangible personal property, used in the operation of the STB Business as currently conducted.
The Company’s and each applicable Subsidiary’s rights as a licensee with respect to each item of the Product Licensed Intellectual Property Assets are binding and enforceable.
The Company shall be responsible for ensuring that its actions with respect to the Licensed Intellectual Property Assets and Seller Contracts listed in Schedule A attached hereto are in compliance with all applicable export control Laws (“Export Control Laws”).
Except as indicated in Section 4.19(i) of the Seller Disclosure Schedule, (A) all Licensed Intellectual Property Assets are the subject of a written license or other agreements, and (B) Seller has not granted any license or other right to any third party with respect to the Business Intellectual Property Assets, other than customer agreements entered into in the ordinary course of business.
On the Closing Date, signed and executed versions of all of the Seller Contracts listed in Schedule A attached hereto for the Licensed Intellectual Property Assets shall be located among the normal business records of the Biofuels Subsidiaries at the San Diego Premises or on a CD provided to the Purchaser on the Closing Date (provided that all Seller Contracts provided on a CD shall be signed and executed versions).