Material Intangible Property definition

Material Intangible Property means all of Borrower’s Intellectual Property and license or sublicense agreements or other agreements with respect to rights in Intellectual Property that are material to the condition (financial or other), business or operations of Borrower.
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Material Intangible Property is defined in Section 4.10(a).
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Material Intangible Property means all of Borrower’s Intellectual Property and license or sublicense agreements or other agreements with respect to rights in Intellectual Property that are material to the condition (financial or other), business or operations of Borrower. ​
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Examples of Material Intangible Property in a sentence

  • The Company or one of the Subsidiaries has good and marketable title to the Owned Material Intangible Property and the Seller or one of the Affiliates of Seller (other than the Company or one of the Subsidiaries) has good and marketable title to the Seller Owned Material Intangible Property.

  • Part II of Section 4.10(a) of the Seller’s Disclosure Schedule lists all Material Intangible Property owned by Seller or any Affiliate of Seller (other than the Company or any Subsidiary) (“Seller Owned Material Intangible Property”).

  • Each Patent is valid and enforceable to the knowledge of the Borrower and no part of the Material Intangible Property has been judged invalid or unenforceable, in whole or in part, and to the best of Borrower’s knowledge, no claim has been made that Borrower’s use of any part of the Intellectual Property violates the rights of any third party.

  • The Owned Material Intangible Property, the Seller Owned Material Intangible Property and the Intangible Property subject to the Material Licenses comprise the Intangible Property material to the Business as presently conducted (the “Material Intangible Property”).

  • Except as identified in Section 4.10(c) of the Seller’s Disclosure Schedule, to the knowledge of the Seller, there are no Encumbrances in favor of any Person against any Material Intangible Property used by the Seller, the Affiliates of Seller, the Company or the Subsidiaries which would interfere with the right of the Company or the Subsidiaries to use such Material Intangible Property in the Business in the manner in which it is currently used.

  • Each patent is valid and enforceable to the knowledge of the Borrower and no part of the Material Intangible Property has been judged invalid or unenforceable, in whole or in part, and to the best of Borrower’s knowledge, no claim has been made that Borrower’s use of any part of the Intellectual Property violates the rights of any third party.

  • Part I of Section 4.10(a) of the Disclosure Schedule lists all Material Intangible Property owned by the Partnership (“Owned Material Intangible Property”).

  • The Partnership has good title to the Owned Material Intangible Property.

  • Each patent is valid and enforceable to the knowledge of the Borrower and no part of the Material Intangible Property has been judged invalid or unenforceable, in whole or in part, and to the best of Borrower’s knowledge, no claim has been made that ▇▇▇▇▇▇▇▇’s use of any part of the Intellectual Property violates the rights of any third party.

  • Part II of Section 4.10(a) of the Disclosure Schedule also lists all Material Intangible Property which is owned by third parties and the agreement pursuant to which Koppers is licensed to use (in connection with the operation of the Business) any Material Intangible Property (“Material Licenses”).

Related to Material Intangible Property

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • General Intangible means any personal property, including things in action, other than accounts, chattel paper, commercial tort claims, deposit accounts, documents, goods, instruments, investment property, letter-of-credit rights, letters of credit, money, and oil, gas, or other minerals before extraction. The term includes payment intangibles and software.

  • Payment intangible means a general intangible under which the account debtor's principal obligation is a monetary obligation.

  • General Intangibles is all “general intangibles” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of insurance and rights to payment of any kind.

  • Material Intellectual Property means any intellectual property owned by any Loan Party that is, in the good faith determination of the Borrower, material to the operation of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.