Examples of Licensed IP Rights in a sentence
Listing Rules implicationsAs the license to use the Licensed IP Rights is granted to us on a royalty-free basis, the transactions under the IP Licensing Framework Agreement constitute de minimis transactions and are fully exempt from the annual reporting, announcement, independent Shareholders’ approval and annual review requirements under Chapter 14A of the Listing Rules.
The Company will use the Licensed IP Rights within the scope specified in the IP Licensing Framework Agreement.
All agreements providing for a license to the Company or any of its licensees of any rights to use any Licensed IP Rights are in full force and effect and enforceable against the licensor in accordance with their terms.
No Technology other than the Owned IP Rights, the Technical Information, the Software owned by the Company, the Standard Software and the Licensed IP Rights are currently used by or necessary for the Company to conduct the Business as currently conducted and as proposed to be conducted in the future.
Other than as set forth in Schedule 3.1.22, the Owned IP Rights and, to the Company’s knowledge, the Licensed IP Rights do not include any open source, shareware, charityware, publicware, freeware code or other freely available software that is subject to restrictions on use.