Common use of Ownership Free and Clear Clause in Contracts

Ownership Free and Clear. Seller exclusively owns all right, title and interest to and in all Registered Intellectual Property. Seller owns all right, title and interest to and in all Intellectual Property (except that in the public domain and not owned by a third party) used in or necessary to conduct the Business as currently conducted or currently contemplated to be conducted (the "Business Intellectual Property") free and clear of any Liens. Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Asset Purchase Agreement (Herley Industries Inc /New)

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Ownership Free and Clear. Seller exclusively owns all right, title and interest to and in all Registered Intellectual Property. Seller owns all right, title and Table of Contents interest to and in all Intellectual Property (except that in the public domain and not owned by a third party) used in or necessary to conduct the Business as currently conducted or currently contemplated to be conducted (the "Business Intellectual Property"”), other than Intellectual Property licensed to Seller, as identified in Schedule 3.16(c), which schedule shall indicate whether such Intellectual Property is exclusive or not) free and clear of any LiensLiens (other than licenses and rights granted pursuant to the Contracts). Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Asset Purchase Agreement (Nanometrics Inc)

Ownership Free and Clear. Seller exclusively owns all right, title and interest to and in all Registered Intellectual Property. Seller owns all right, title and interest to and in all material Intellectual Property (except that in the public domain and not owned by a third party) used in or necessary to conduct the Business BU as currently conducted or conducted, and as currently contemplated proposed to be conducted conducted, other than Intellectual Property licensed to Seller (with such licenses identified in Section 2.14.4 through 2.14.7 of the "Business Intellectual Property") free and clear of any LiensDisclosure Schedule). Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Asset Purchase Agreement (Secure Computing Corp)

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Ownership Free and Clear. Seller exclusively owns all right, title and interest to and in all Registered Intellectual Property. Seller owns all right, title and interest to and in all Intellectual Property (except that in the public domain and not owned by a third party) used in or necessary to conduct the Business as currently conducted or currently contemplated to be conducted (the "Business Intellectual Property"”), other than Intellectual Property licensed to Seller, as identified in Schedule 3.16(c), which schedule shall indicate whether such Intellectual Property is exclusive or not) free and clear of any LiensLiens (other than licenses and rights granted pursuant to the Contracts). Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Asset Purchase Agreement (Nanometrics Inc)

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