Owned or controlled definition

Owned or controlled shall include Technology that ▇▇▇▇▇▇ Corp. owns, or under which ▇▇▇▇▇▇ Corp. is licensed and has the right to grant sublicenses and/or grant immunity from suit.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Owned or controlled means ownership or control that is direct or indirect, including ownership or control exercised through subsidiaries or affiliates, wherever located.

Owned or controlled. (along with the terms “Own or Control” and “Owns or Controls”) means, with respect to Technology or Intellectual Property Rights, the ownership or other possession of a right, title or other interest in such Technology or Intellectual Property Rights by a Person, in whole or in part. It is understood that ownership or possession of such Technology or Intellectual Property Rights includes ownership of legal title in such Technology or Intellectual Property Rights by formal conveyance or operation of Law, and possession of express or implied license or other contractual rights regarding such Intellectual Property Rights that may be conveyed to such Person by assignment or by license or sub-license without breaching the terms of any agreement with any other Person.

Examples of Owned or controlled in a sentence

• Each of the Stockholders agrees to take all such lawful action, including affirmatively voting the shares of Stock Beneficially Owned or controlled by such Stockholder, as necessary to cause the Board of Directors of both ▇▇▇▇▇▇ and ▇▇▇▇▇▇ New York to consist of such number of directors as required in order to elect the Greystone Designees required by the provisions of Section 5.14 of the Loan Agreement.

• Each of the Stockholders agrees not to vote the Shares of Stock Beneficially Owned or controlled by such Stockholder to remove a Greystone Designee.

• Each of the Stockholders shall vote all of the shares of the Stock Beneficially Owned or controlled by such Stockholder (i) at each annual or special meeting of the Corporation's stockholders called for the purpose of electing Directors or (ii) by written consent (in lieu of an annual or special meeting) of the Corporation's stockholders for the purpose of electing directors, in favor of the election or reelection of the Greystone Designees as provided for in Section 5.14 of the Loan Agreement.

• Nothing herein shall act to prohibit or prevent the Stockholders from transferring, by sale, gift, bequest or in any other manner, any or all of the Stock Beneficially Owned or controlled by such Stockholder.

• The proposer represents as part of its proposal that is (Mark one with an “X”):  Is  Is not Owned or controlled by a parent company.

More Definitions of Owned or controlled

Owned or controlled means Intellectual Property which ▇▇▇▇▇▇▇ owns, or under which ▇▇▇▇▇▇▇ is licensed and has the right to grant sublicenses and/or grant immunity from suit. Intellectual Property "Owned or Controlled" as of a certain date includes Intellectual Property first invented on or prior to such date, and shall include all related patent applications and patents or other intellectual property rights issuing thereon, whenever filed or obtained.

Owned or controlled shall include Technology which Sepracor owns, or under which Sepracor is licensed and has the right to grant sublicenses.

Owned or controlled means, with respect to a Party’s entitlement to Licensed IP, the possession by that Party of rights sufficient to grant the specified rights in the Licensed IP without incurring liability to or a duty to provide consideration to any Third Party.

Owned or controlled and "owns or controls" means any one or a combination of the relationships specified in paragraphs (a) and (b) of this definition:

Owned or controlled as used in this Agreement, shall mean produced or producible Gas that is either: (i) owned by UPR as and when it is produced at the wellhead (including, without limitation, residue Gas), (ii) purchased by UPR and resold by UPR to UPFUELS (such Gas being called "Third-Party Gas"), but only if such Third-Party Gas is (a) being gathered and commingled with Gas Owned or Controlled by UPR (within the meaning of clauses (i) or (iii) of this Section 2.1) and all such Gas is subsequently gathered, processed or otherwise treated in connection with the marketing of such Gas, or (b) residue Gas, which has been commingled with and processed together with Gas Owned or Controlled by UPR (within the meaning of clauses (i) or (iii) of this Section 2.1), or (iii) Gas for which UPR has the written authority of the third party owner(s) thereof to act as such owner(s)' representative, agent, or attorney-in-fact in marketing such Gas (including, without limitation, under a joint operating agreement pursuant to which UPR is the operator), but only for the duration of such authorization.

Owned or controlled means the recorded title to the housing will be in the name of the Catholic Charities agency or a separate housing entity in which the Catholic Charities agency either has a

Owned or controlled means, as to any Person, if such Person has title to Gas, whether by virtue of its ownership of fee minerals or oil and gas leases within the Commitment Area or otherwise, or, if such Person does not have title to Gas, such Person has the right, under any joint operating agreement, unit operating agreement or other contractual arrangement or arising by operation of Law, to receive, market or direct the disposition of produced Gas, on [Date] or at any time from time to time thereafter.