Material Intellectual Property definition
Material Intellectual Property means any intellectual property owned by any Loan Party that is, in the good faith determination of the Borrower, material to the operation of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.
Material Intellectual Property means Intellectual Property that is owned by or licensed to a Grantor and material to the conduct of any Grantor’s business.
Material Intellectual Property means any Intellectual Property that is material to the business of any Group Member.
Examples of Material Intellectual Property in a sentence
Notwithstanding anything to the contrary in this Agreement or any other Loan Document (pursuant to any transaction permitted by this Section 6.07 or otherwise), the Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, Dispose of or exclusively license any Material Intellectual Property to any Unrestricted Subsidiary.
More Definitions of Material Intellectual Property
Material Intellectual Property means any Intellectual Property included in the Collateral that is material to the business of any Grantor or is otherwise of material value.
Material Intellectual Property means, the Obligor Intellectual Property described in Schedule 7.05(c) and any other Obligor Intellectual Property after the date hereof the loss of which could reasonably be expected to have a Material Adverse Effect.
Material Intellectual Property means any IP Rights that are material to the business of the Borrower and its Restricted Subsidiaries, taken as a whole.
Material Intellectual Property means any intellectual property owned by the Borrower or any of its Subsidiaries, the loss of which would reasonably be expected, either individually or in the aggregate, to have a Material Adverse Effect.
Material Intellectual Property shall have the meaning assigned to such term in Section 3.9(b).
Material Intellectual Property means any Intellectual Property (including Patents, industrial designs, Trademarks, Copyrights and licenses thereof) of the Loan Parties that is (a) material to the conduct of the business or operations of the Loan Parties, taken as a whole, or (b) is reasonably necessary or material to permit the Administrative Agent to enforce its rights and remedies under the Loan Documents with respect to the Collateral, or the Disposition of which would otherwise materially adversely affect the value of the Collateral.
Material Intellectual Property has the meaning specified in the Collateral Agreement.