Seller IP definition

Seller IP means (a) all Intellectual Property Rights in or pertaining to the Seller Products or methods or processes used or incorporated in the Seller Products, and (b) all other Intellectual Property Rights owned by or exclusively licensed to the Seller.
Seller IP has the meaning set forth in Section 6.19(a).
Seller IP means any and all Intellectual Property (other than GeoSouthern Marks and any software) that is (i) owned (whether beneficially or of record) by Seller or any of its Affiliates (other than the Companies) as of the Closing; (ii) used in the Companies’ business as of the date hereof and (iii) not included in the Company Assets.

Examples of Seller IP in a sentence

  • Since December 31, 2022, Seller has defended and protected the Seller IP from known infringement, and (B) not taken, or omitted to take, any action that would reasonably be expected to render invalid or unenforceable any of the Seller IP.

  • Seller grants Buyer and its Customers a royalty-free, non-exclusive, worldwide perpetual license to use Seller IP to repair, reconstruct, remanufacture, re-flash or re-build the Products.


More Definitions of Seller IP

Seller IP means all Intellectual Property (including the goodwill of the Selling Entities) owned by the Selling Entities.
Seller IP means all Intellectual Property that it owned or licensed by Seller or any Intellectual Property that has been developed for use in, is used in, held for use in the operation of Seller’ business (including the Business), including all Intellectual Property that is described on Schedule 1.1 or listed on an attachment thereto.
Seller IP is defined in Section 3.16(e)(i).
Seller IP means all Owned IP or Third-Party Intellectual Property, including Proprietary Information and Technology that is described on Schedule 1.1 or listed on an attachment thereto.
Seller IP means any and all IP used, held for use, owned or purported to be owned (in whole or in part) by the Seller or licensed to the Seller, in each case, in connection with the Business.
Seller IP means all Patents and other Intellectual Property Rights (excluding any Trademarks and Copyrights), in each case, (a) that are owned by Seller or (b) as to which Seller has been granted a license for and that (i) are related to any Specified Program or related to the Transferred Assets or the Exploitation thereof or (ii) were acquired, conceived, reduced to practice or otherwise made or used in connection with any Specified Program or otherwise incorporated in any Specified Program. For the avoidance of doubt, “Seller IP” shall not include any Intellectual Property Rights licensed to Seller through that certain Exclusive (Equity) Agreement by and between Seller and The Board of Trustees of the Xxxxxx Xxxxxxxx Junior University effective as of June 28, 2012 and as amended through the Execution Date.
Seller IP means the Intellectual Property used by each Seller, or necessary for use, in the conduct of the Business as currently conducted and as currently contemplated to be conducted.