Licensed IP definition

Licensed IP means the Intellectual Property owned by any person other than the Corporation and to which the Corporation has a license which has not expired or been terminated;

Licensed IP means, collectively, the Licensed Know-How and Licensed Patent Rights.

Licensed IP means all rights under an Acquired Company Contract relating to Intellectual Property Rights and Technology licensed to the Acquired Companies and incorporated into the Acquired Company Products, or material to, used in or are necessary to the operation of the business as currently conducted (other than Standard Software).

Examples of Licensed IP in a sentence

• The Licensee may only Commercialize the Licensed IP and Licensed Technology by way of granting licenses under Joint IP and Joint Technology to Third Parties.

• The Licensee shall indemnify the Licensor and its officers and employees from and against all actions, claims, proceedings or demands and in respect of any loss, death, injury, illness or damage (whether personal or property, but excluding special, indirect or consequential loss, including consequential financial loss) arising out of the licensee’s and its affiliate’s use and Commercialisation of the Licensed IP or Licensed Technology.

• Accordingly, Licensor grants Licensee the right to grant sublicenses to such Third Parties under Licensed IP and Licensed Technology.

• The Licensor grants to the Licensee an exclusive license to Commercialise the Licensed IP and the Licensed Technology in the Territory.

More Definitions of Licensed IP

Licensed IP means the Licensed Patents and the Licensed Know-How.

Licensed IP means the Licensed Products and Licensed Methods.

Licensed IP means any and all Intellectual Property owned by a third party and licensed or sublicensed (or purported to be licensed or sublicensed) to the Company or any of its Subsidiaries.

Licensed IP has the meaning set forth in Section 3.09(b).

Licensed IP means Licensed Know-How and Licensed Patents.

Licensed IP shall have the meaning set forth in Section 4.1.37(b) hereof.

Licensed IP means the Intellectual Property licensed to Purchaser pursuant to the Intellectual Property Agreement.