Examples of Acquired IP in a sentence
Acquired IP qualifies for the patent boxes (subject to varying conditions) in each of the 16 countries except Israel, Portugal, and Turkey.5 In addition, the patent boxes of France, Hungary, Ireland, Italy, South Korea, Malta, Spain, Switzerland, Turkey, and the UK apply to IP that existed before the boxes were enacted.
Acquired IP rights are reflected as capital assets, unless these rights are held for trading (which is usually not the case in India).
Except as set forth on Schedule 3.14(b) , (x) the conduct of the Business as currently conducted and as proposed to be conducted does not infringe, misappropriate or otherwise violate any Intellectual Property rights of any Person, and (y) no Person is currently infringing, misappropriating or otherwise violating any Acquired IP.
The initial agreement to purchase the Acquired IP was announced on September 23, 2019.
Acquired IP rights are written-off over five years which affects the Group’s earnings negatively.