MCC IP definition

MCC IP means all Intellectual Property (a) owned by the Transferred Entities or (b) that is Assigned IP.
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Examples of MCC IP in a sentence

  • To the Knowledge of the Seller, no trade secrets included in the MCC IP have been used or disclosed without authorization.

  • To the Knowledge of the Seller, the Non-MCC Entities (solely with respect to the MCC Business) and the Transferred Entities have taken commercially reasonable efforts to protect the secrecy, confidentiality and value of the confidential and proprietary information included in the MCC IP.

Related to MCC IP

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

  • Developed IP means Intellectual Property developed by either Party during the Term (individually or jointly) and relating to the Purpose, or any improvements, enhancements or derivative works thereof.

  • Foreground IP means IP and IP Rights conceived, developed or created by, for or with Seller either alone or with third parties, in the performance of this Contract, including modifications to any Buyer Specification suggested by Seller.

  • Joint IP means Joint Know-How and Joint Patents.

  • Patent Rights means all patents and patent applications (which for the purpose of this Agreement shall be deemed to include certificates of invention and applications for certificates of invention), including all divisionals, continuations, substitutions, continuations-in-part, re-examinations, reissues, additions, renewals, revalidations, extensions, registrations, pediatric exclusivity periods and supplemental protection certificates and the like of any such patents and patent applications, and any and all foreign equivalents of the foregoing.