Common use of Intellectual Property Litigation Clause in Contracts

Intellectual Property Litigation. Since the date of this Agreement, no Person (other than Parent or its Affiliates) shall have instituted any action that challenges the validity and ownership of the Owned Intellectual Property, other than such actions the outcome of which is not reasonably expected to result in a Company Material Adverse Effect.

Intellectual Property Litigation. Since the date of this Agreement, no Person (other than Parent or its Affiliates) shall may have instituted or threatened any action Action that challenges the validity and ownership of the Owned Intellectual Property, other than such actions Actions the outcome of which is not reasonably expected to result in a Company Material Adverse Effect.