Intangible Asset definition

Intangible Asset means any asset (either as a single or as a batch) without physical substance but which is identifiable and controlled through custody or legal rights, for example, most commonly (but not limited to) software licences, quotas, patents, copyrights, franchises and trademarks purchased, donated or developed together, which cost more than the Capitalisation Threshold; and has an economic life of twelve (12) Months or more; and is purchased, developed or maintained wholly or partially using the Grant;
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Intangible Asset means any asset which is treated as an intangible asset in conformity with GAAP, including, without limitation, leasehold rights, franchise rights, non-compete agreements, goodwill, unamortized debt discounts, patents, patent applications, trademarks, trade names, copyrights and licenses.
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Intangible Asset means an asset which does not have a readily determined value, such as goodwill, and is not generally offered for sale.
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Examples of Intangible Asset in a sentence

  • To Meridian's knowledge, Meridian does not wrongfully infringe upon or unlawfully use any Intangible Assets owned or claimed by another, and Meridian has not received any notice of any claim or infringement relating to any such Intangible Asset.

  • To the extent there is insufficient Intangible Asset Gain to reach the Target Balance for each holder of Class B2 Units, Intangible Asset Gain shall be allocated in such manner as may be determined by the General Partner.

  • To Diablo's knowledge, Diablo does not wrongfully infringe upon or unlawfully use any Intangible Assets owned or claimed by another, and Diablo has not received any notice of any claim or infringement relating to any such Intangible Asset.

  • A list of all Registered Intellectual Property of each Credit Party and all material in-bound license or sublicense agreements, exclusive out-bound license or sublicense agreements, or other rights of any Credit Party to use any Material Intangible Asset (but excluding in-bound licenses of over-the-counter software that is commercially available to the public), as of the Closing Date and, as updated pursuant to Section 4.15, is set forth on Schedule 3.19.

  • Each patent constituting a Material Intangible Asset is, to the knowledge of the Loan Parties and their Subsidiaries, valid and enforceable and no part of the Material Intangible Assets has been judged invalid or unenforceable, in whole or in part.


More Definitions of Intangible Asset

Intangible Asset means any property, other than tangible movable property or immovable property, that:
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Intangible Asset means any asset having no physical existence, its value being set by the rights and anticipatory benefits that possession confers upon the owner. This includes intellectual property, licenses, franchises, marketable emission permits and emission offsets, etc.
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Intangible Asset means any patent, trademark, trademark license, servicemark, servicemark license, computer software, trade name, masthead, brand name, slogan, copyright, reprint right, franchise, license, process, authorization, invention, know-how, formula, trade secret and other intangible asset, together with any pending application, continuation-in- part or extension therefor.
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Intangible Asset will mean any patent, trademark, trademark license, computer software, trade name, masthead, brand name, slogan, copyright, reprint right, franchise, license, process, authorization, invention, know-how, formula, trade secret and other intangible asset, together with any pending application, continuation-in-part or extension therefor.
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Intangible Asset means anything that is capable of being an intangible asset within the meaning of FRS 105 and, in particular, includes—
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Intangible Asset means, with respect to any Person, a long-lived asset that is useful in the operations of such Person, that is not directly used in revenue generation and that is not held for sale, and is without physical qualities, including but not limited to patents, copyrights and goodwill, but excluding capitalized costs associated with the acquisition of brand names, franchises and trademarks, franchise agreements and management agreements.
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Intangible Asset means any asset which falls to be treated as an intangible asset in accordance with generally accepted accountancy practice,
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