Memory IP definition

Memory IP means any Intellectual Property that is owned by a Memory Party or its Controlled Affiliates immediately after the effect of the Closing and is incorporated or used in (i) any Company Product (at any stage of development) as of the Closing Date, or (ii) the conduct or assets of the Sold Companies as of the Closing Date.

Examples of Memory IP in a sentence

  • Each Storage Party shall have and retain the exclusive right to institute and prosecute any claim, action or suit against third parties for the infringement of any Storage IP of such Storage Party, and each Memory Party shall have and retain the exclusive right to institute and prosecute any claim, action or suit against third parties for the infringement of any Memory IP of such Memory Party.

Related to Memory IP

  • Third Party Technology means any Patents, Information, inventions, or other intellectual property owned or controlled by a Third Party but not Controlled by a Party or its Affiliates.

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

  • Customer Technology means Customer's proprietary technology, including Customer's Internet operations design, content, software tools, hardware designs, algorithms, software (in source and object forms), user interface designs, architecture, class libraries, objects and documentation (both printed and electronic), know-how, trade secrets and any related intellectual property rights throughout the world (whether owned by Customer or licensed to Customer from a third party) and also including any derivatives, improvements, enhancements or extensions of Customer Technology conceived, reduced to practice, or developed during the term of this Agreement by Customer.

  • Licensor Technology means the Licensor Patents and the Licensor Know-How.

  • Product Technology means the Product Know-How and Product Patents.