Licensed Intellectual Property definition

Licensed Intellectual Property means Intellectual Property licensed to the Company pursuant to the Company IP Agreements.

Licensed Intellectual Property means any and all Intellectual Property owned by a third party and licensed or sublicensed (or purported to be licensed or sublicensed) to either the Company or any of its Subsidiaries or for which the Company or any of its Subsidiaries has obtained a covenant not to be sued.

Licensed Intellectual Property has the meaning set forth in Section 3.12(a).

Examples of Licensed Intellectual Property in a sentence

• Under the terms of the License Agreement dated January 25, 2013, PPL is required to reimburse to the Licensor, Trojan Technologies Limited, 50% of all maintenance costs of the US Patent # 7,968,512 and to pay royalties of 3% on Net Receipts from sales of the Licensed Product and 5% on Net Receipts from third parties in respect of development or other exploitation of Licensed Intellectual Property and/or Licensed Products up to a maximum of $ 30 million.

• Constellation Beers shall, at any time requested by Marcas Modelo or Modelo Group, whether during or subsequent to the term hereof, disclaim in writing any such property interest or ownership in the Licensed Intellectual Property.

• Constellation Beers shall acquire no ownership rights in the Licensed Intellectual Property or derivative works based thereon or any intellectual property deemed to be owned by Marcas Modelo or Modelo Group as a result of this Agreement.

• The agreement Constellation Beers routinely uses for any such sub-license of rights shall provide reasonable provisions for the use, protection and maintenance of the Licensed Intellectual Property in a manner that is consistent with this Agreement, and shall prohibit any further sub-licenses of the Licensed Intellectual Property, and Constellation Beers shall use commercially reasonable efforts to enforce such agreements.

• The word “Agglomerates” doesn’t depict the object of the Company therefore Company want to replace this word to “Polywood” which shows the object of the Company.

More Definitions of Licensed Intellectual Property

Licensed Intellectual Property means all Intellectual Property in which any Seller holds any rights or interests granted by other Persons, including any Affiliates, that is used or held for use in the conduct of the Business as currently conducted or proposed to be conducted.

Licensed Intellectual Property means all Intellectual Property owned by a Person other than the Company Group which one or more Company Group Members has or purports to have the right to use pursuant to a license or other Contract.

Licensed Intellectual Property has the meaning given in Section 5.11(c).

Licensed Intellectual Property means the Licensed Patent Rights and the Licensed Know-How.

Licensed Intellectual Property shall have the meaning assigned to such term in Section 4.9(a).

Licensed Intellectual Property means all Intellectual Property in which a Subject Company or its Subsidiaries hold any rights or interests granted by other Persons, including the Mosaic Parties or any of their Affiliates.

Licensed Intellectual Property means all Intellectual Property licensed or sublicensed to the Company from a third party.