ENCUMBRANCES AND RESTRICTIONS. (a) None of the Owned Intellectual Property: (i) is subject to any Encumbrance; or (ii) is subject to any other agreement restricting its use by any Group Company (including any delimitation or co-existence agreement or agreement limiting use by territory, field, persons or as to time), other than as expressly set out in the Intellectual Property Agreements. (b) None of the Group Intellectual Property will be restricted as to its exploitation, or will be lost, terminated, or rendered liable to a right of termination, assignment or licence to a third party, by virtue of the execution of this agreement or the transaction effected by the Transaction Documents.
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Sources: Sale and Purchase Agreement (Farfetch LTD), Sale and Purchase Agreement (Farfetch LTD)
ENCUMBRANCES AND RESTRICTIONS. (a) None of the Owned Group Intellectual Property:
(i) is subject to any Encumbrance; or;
(ii) is subject to any other agreement restricting its use by any Group Company (including any delimitation or co-existence agreement or agreement limiting use by territory, field, persons or as to time), other than as expressly set out in the Intellectual Property Agreements.Agreements as Disclosed; or
(biii) None of the Group Intellectual Property will be restricted as to its exploitation, or will be lost, terminated, or rendered liable to a right of termination, assignment or licence to a third party, by virtue of the execution of this agreement or the transaction effected by the Transaction Documentsthis agreement.
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