Parent Intellectual Property definition

Parent Intellectual Property means any Intellectual Property that is owned by, or exclusively licensed to, Parent.

Parent Intellectual Property means the Intellectual Property used in the operation of the business of each of Parent and its Subsidiaries as presently conducted.

Parent Intellectual Property has the meaning set forth in Section 5.18(a).

Examples of Parent Intellectual Property in a sentence

• The Acquired Assets, the Parent Intellectual Property, the services to be provided by Parent and Seller to Buyer under that certain Transitional Services Agreement dated the date hereof, and the services to be provided by Parent to Buyer pursuant to the terms of that certain Software License Agreement dated the date hereof between Buyer and Parent are sufficient for the continued conduct of Seller's businesses after the Closing in the same manner as conducted prior to the Closing.

• No Parent Intellectual Property is subject to any Legal Proceeding that (i) restricts in any manner the use, sale, assignment, license or lease thereof by the Parent or any of the Parent Subsidiaries; or (ii) may affect, in full or in part, the validity, subsistence, enforceability or force and effect thereof.

• With respect to each item of Seller Intellectual Property that is not Parent Intellectual Property or Third Party Intellectual Property, (i) such item is not subject to any outstanding judgment, order, decree, stipulation or injunction; and (ii) Seller has the sole and exclusive right to bring actions for infringement or unauthorized use of such item and to the Knowledge of Seller, there is no Basis for any such action.

• For a period of 18 months from the Closing Date, Buyer shall notify Seller, promptly following its occurrence, of any lay off involving more than 10 employees who, as part of their principal job responsibility with Buyer's Integrated Financial Solutions Division, further developed the Parent Intellectual Property, and Seller shall notify Buyer, promptly following its occurrence, of any lay off of more than 10 employees from Seller's software division.

• Section 3(l)(i)(A) of the Disclosure Schedule lists, as of the date hereof, all Seller Intellectual Property (including, without limitation, the tradename "DASH", all derivatives thereof, and the application for registration thereof with the U.S. Patent and Trademark Office) that is not Third Party Intellectual Property or Parent Intellectual Property (each as defined below).

More Definitions of Parent Intellectual Property

Parent Intellectual Property means (except to the extent included in the Retained Assets) the Intellectual Property owned by any of the Sellers or any of the Retained Subsidiaries and related to, or used by any of them in their conduct of or operation of, the Business or the Assets.

Parent Intellectual Property means any Intellectual Property that is owned by, or exclusively licensed to, Parent or one of its subsidiaries.

Parent Intellectual Property means all Intellectual Property that is necessary to conduct the business of Parent and its Subsidiaries as presently conducted.

Parent Intellectual Property means the Intellectual Property Rights owned or purported to be owned by Parent or its Subsidiaries.

Parent Intellectual Property means: (a) the Parent Patents; (b) the Parent Registered IP, (c) the Parent Other IP, (d) the Parent Name and Parent Marks (to the extent not included in clause (b) or (c) above), (e) the Parent Invention Disclosures, (f) the Parent Software and (g) all Intellectual Property of either Party or any member of its Group with respect to any of the foregoing.

Parent Intellectual Property means all Intellectual Property owned by Parent or any of its Subsidiaries.

Parent Intellectual Property has the meaning set forth in Section 4.16(a) to this Agreement.