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

  • Licensee acknowledges and agrees that OATS will have final approval rights regarding the manner of use of the Licensed IP.

  • OATS represents and warrants that it possesses all rights to license the Licensed IP in accordance with the terms of this Agreement.

  • QS shall ensure that any direct or indirect assignment or transfer of any or all of the Licensed IP by QS or its Affiliates during the Term shall be subject to the licenses, covenants and rights granted under this Agreement.

  • All use of the Licensed IP by Licensee will inure solely to the benefit of OATS, and Licensee shall acquire no rights therein.

  • The Parties agree to create a program plan and schedule that will define the Parties’ respective roles and responsibilities and the operational conditions upon which the Licensed IP will be used in accordance with the terms of this Agreement in order to promote the collaborative production of positive outcomes in the lives of seniors.


More Definitions of Licensed IP

Licensed IP means the Licensed Patents and the Licensed Know-How.
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 3.9(a)(iii).
Licensed IP shall have the meaning set forth in Section 4.1.37(b) hereof.
Licensed IP means Licensed Know-How and Licensed Patents.
Licensed IP has the meaning given to such term in the License Agreement.