Common use of Assigned Intellectual Property Clause in Contracts

Assigned Intellectual Property. Any Intellectual Property Assets used or developed by any Acquired Company but owned by any of the SELLERS shall have been transferred and assigned on or prior to the Closing Date to FININD and ISOCLIMA under terms providing that there shall be no further cost to any Acquired Company for such Intellectual Property Assets.

Appears in 2 contracts

Sources: Stock Purchase Agreement (O'Gara Group, Inc.), Stock Purchase Agreement (O'Gara Group, Inc.)