Common use of Asset Purchase Clause in Contracts

Asset Purchase. The transaction contemplated under this Agreement is strictly an asset purchase, and Purchaser is not taking any assignment of any debt, obligation, or other Encumbrance on any of the Assigned Patents.

Appears in 5 contracts

Sources: Patent Purchase Agreement (Mangoceuticals, Inc.), Patent Purchase Agreement (Mangoceuticals, Inc.), Patent Purchase Agreement

Asset Purchase. The transaction contemplated under this Agreement is strictly an asset purchasepurchase of the Assigned Patents and no other assets of Seller, and Purchaser is not taking any assignment of any debt, obligation, or other Encumbrance on any of the Assigned Patents.

Appears in 1 contract

Sources: Patent Purchase Agreement (Healthtech Solutions, Inc./Ut)

Asset Purchase. The transaction contemplated under this Agreement is strictly an asset purchase, and Purchaser is not taking any assignment of any debt, obligation, or other Encumbrance on any of the Assigned PatentsAssets.

Appears in 1 contract

Sources: Intellectual Property Purchase Agreement (Mangoceuticals, Inc.)