FOLIO Ontology

Exploring the Federated Open Legal Information Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R9gzWY22VTfLC9VNegaCRZS
Label Intellectual Property Representation
Preferred Label N/A
Identifier N/A
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Definition

Intellectual Property Representation is a clause in merger and acquisition agreements where the selling party confirms the ownership, validity, and enforceability of the intellectual property assets held by the target company. It serves to assure the buyer that the target's intellectual property, including patents, trademarks, copyrights, and trade secrets, is free from encumbrances, infringements, or disputes, and that they hold significant value for the acquisition.

Class Relationships

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Additional Information

Metadata

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Description

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Editorial Information

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Deprecated

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Source and Origin

No source or origin information available