Third Party Licensed IP definition

Third Party Licensed IP means all Licensed IP that is not Subsidiary-Owned IP.

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Third Party Licensed IP means Intellectual Property licensed by a third party to a Party with the right to grant sublicense(s) without: (i) violating the terms of any agreement or other arrangement with any third party; (ii) requiring any consent, approvals or waivers from any third party; or (iii) requiring the payment or granting of consideration to any third party.

Third Party Licensed IP means the Third Party IP Rights licensed by a third party to Nalcor or its Affiliates, or to Emera or its Affiliates, for Use in connection with performance of the O&M Activities;

Examples of Third Party Licensed IP in a sentence

None of the Owned IP or First Party Licensed IP or, to the Selling Parties’ Knowledge, the Third Party Licensed IP, has been held to be invalid or unenforceable in a court decision that is not appealed or non-appealable by the Company or the Selling Parties or any of their respective Affiliates, or by any Third Party licensor thereof.
No opposition, extension of time to oppose, interference, derivation, rejection, or refusal to register has been filed or issued in connection with any Owned IP or First Party Licensed IP or, to the Selling Parties’ Knowledge, Third Party Licensed IP, other than a grant refusal communication or a registration refusal communication issued by a Governmental Authority.
None of the Owned IP or First Party Licensed IP, or to the Selling Parties’ Knowledge, the Third Party Licensed IP, is the subject of any Order, settlement or other disposition of any dispute that restricts or impairs the Company’s use or exploitation of the Company IP, now or in the future.
None of the Selling Parties, any of their respective Affiliates or the Company or, to the Selling Parties’ Knowledge, the Third Party licensor of any Third Party Licensed IP (with respect to such Licensed IP), has sought or received any written opinion of patent counsel that concerns infringement, non-infringement, patentability, validity or enforceability of any Person’s Patent.
Except for Infrastructure Technology, the Development Tools and as set forth in Section 3.11(g) of the Disclosure Schedule, the Transferred IP, along with the Seller Cross License IP, the Licensed Media Reader IP and the Third Party Licensed IP constitute all Intellectual Property used in the Business.

More Definitions of Third Party Licensed IP

Third Party Licensed IP means Intellectual Property subject to an Assigned Inbound IP License.

Third Party Licensed IP. SHALL HAVE THE MEANING SET FORTH IN SECTION 3.21(b).

Third Party Licensed IP means the Intellectual Property which has been previously licensed to Seller by third parties in connection with the Business pursuant to license agreements which are in force as of the Closing Date; provided, however, that Third-Party Licensed IP does not include commercial off-the-shelf software which is used by Seller pursuant to company-wide agreements.

Third Party Licensed IP shall have the meaning given in Section 2.13(c) of this Agreement.

Third Party Licensed IP means Licensed IP other than First Party Licensed IP.

Third Party Licensed IP means Intellectual Property licensed by a third party to a Party with the right to grant sublicense(s) without: i() violating the terms of any agreement or other arrangement with any third party; (ii) requiring any consent, approvals or waivers from any third party; or (iii) requiring the payment or granting of consideration to any third party.

Third Party Licensed IP means the Intellectual Property which has been previously licensed to Raytheon by third parties in connection with the design, development, manufacture or sale of silicon semiconductor devices by the Semiconductor Division or the Company pursuant to license agreements which are in force as of the Closing Date and which are to be transferred to the Company pursuant to Section 3.5(c); provided, however, that Third-Party Licensed IP does not include commercial off-the-shelf software which is used by Raytheon pursuant to company-wide agreements.