Appearance
IP Ownership Representation
Definition
A representation of ownership of intellectual property, or non infringement of the intellectual property of third parties.
Example
(ii) Neither Company nor the Company Subsidiary have transferred ownership of any intellectual property owned by Company and the Company Subsidiary to any third party. Company and the Company Subsidiary have not permitted the their rights in such intellectual property to lapse or enter the public domain in such a manner to cause a Material Adverse Effect;