Common use of Interference Proceedings and Similar Claims Clause in Contracts

Interference Proceedings and Similar Claims. Except as set forth in Schedule 3.14(h)(iv), no third party has challenged the scope, validity or enforceability of any Business IP in any Proceeding currently pending before the U.S. Patent and Trademark Office (or any foreign equivalent) or any other court or tribunal. To the Knowledge of Seller, there is no reasonable basis for a claim that any Business IP is invalid or unenforceable.

Appears in 1 contract

Sources: Asset Purchase Agreement (Mediabistro Inc.)

Interference Proceedings and Similar Claims. Except as set forth in Section 4.10(h)(iv) of the Schedule 3.14(h)(iv)of Exceptions, no third party has challenged the scope, validity or enforceability of any Business IP in any Proceeding currently pending before the U.S. Patent and Trademark Office (or any foreign equivalent) or any other court or tribunal). To the Knowledge of Seller, there is no reasonable basis for a claim that any Business IP is invalid or unenforceable.

Appears in 1 contract

Sources: Asset Purchase Agreement (Webmedia Brands Inc.)