Common use of Right to Intellectual Property Clause in Contracts

Right to Intellectual Property. EOIR owns exclusively or has the right to use, free and clear of all mortgages, liens, pledges, loans, claims, encumbrances or restrictions of any kind whatsoever, all the Intellectual Property that is material to the conduct of its businesses as currently conducted or proposed to be conducted. To the knowledge of Sellers, EOIR is not infringing upon or otherwise acting adversely to the right or claimed right of any person under or with respect to any of the Intellectual Property. SCHEDULE 2.16 (A) identifies each patent, trademark registration, service m▇▇▇ registration and copyright registration and any and all applications therefor, with respect to the Intellectual Property, or application for any of the foregoing, which is owned or licensed by EOIR, has been issued to EOIR or has been submitted by EOIR for issuance. To the knowledge of the Sellers, all applications for registration of such Intellectual Property were true and accurate at the time of filing and all fees to maintain such Intellectual Property have been paid. The Intellectual Property constitutes all the intellectual property used in and necessary to the conduct of the business of EOIR, as such business is currently being conducted, and all intellectual property required for products and services under development by EOIR as of the date hereof.

Right to Intellectual Property. EOIR owns exclusively or has the right to use, free and clear of all mortgages, liens, pledges, loans, claims, encumbrances or restrictions of any kind whatsoever, all the Intellectual Property that is material to the conduct of its businesses as currently conducted or proposed to be conducted. To the knowledge of Sellers, EOIR is not infringing upon or otherwise acting adversely to the right or claimed right of any person under or with respect to any of the Intellectual Property. SCHEDULE 2.16 (A) identifies each patent, trademark registration, service m▇▇▇▇ registration and copyright registration and any and all applications therefor, with respect to the Intellectual Property, or application for any of the foregoing, which is owned or licensed by EOIR, has been issued to EOIR or has been submitted by EOIR for issuance. To the knowledge of the Sellers, all applications for registration of such Intellectual Property were true and accurate at the time of filing and all fees to maintain such Intellectual Property have been paid. The Intellectual Property constitutes all the intellectual property used in and necessary to the conduct of the business of EOIR, as such business is currently being conducted, and all intellectual property required for products and services under development by EOIR as of the date hereof.