Assignment of Licenses Sample Clauses
The Assignment of Licenses clause defines the conditions under which a party may transfer its rights and obligations under a license agreement to another entity. Typically, this clause specifies whether assignment is permitted, if prior written consent is required, or if certain exceptions apply, such as assignments in connection with a merger or acquisition. Its core practical function is to control and clarify the transferability of licensed rights, thereby protecting the interests of both the licensor and licensee and preventing unauthorized or undesirable transfers.
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Assignment of Licenses. Upon expiration or any termination of this Agreement, Importer hereby assigns to SPIL all Licenses, authorizations, registrations, permits and approvals of any kind with respect to Products and applications therefor, including import and export Licenses. Importer shall execute such documents and perform such acts as may be necessary, useful, or convenient to perfect such transfer or assignment.
Assignment of Licenses. Parent hereby assigns and transfers, and shall cause cause each of its Affiliates (as necessary) to assign and transfer, to Buyer and Buyer hereby accepts assignment of, all of Parent’s and its Affiliates’ rights and obligations under those license agreements listed in Schedule 4.
Assignment of Licenses. Upon and during the continuance of an Event of Default and at the reasonable request of the Collateral Agent, each Grantor shall use its reasonable efforts to obtain all requisite consents or approvals by the licensor of each Copyright License, Patent License or Trademark License to effect the assignment of all of the Grantors’ rights, title and interest thereunder to the Collateral Agent or its designee.
Assignment of Licenses. Warn▇▇-▇▇▇▇▇▇▇ ▇▇▇ll have delivered to Horizon an assignment and assumption agreement in the form of Exhibit 7.1.11 (the "License Agreement").
Assignment of Licenses. An Assignment of any and all municipal, county, state or federal permits or licenses, as and if existing and if transferable, held or controlled by the Seller, relating to the Property, together with all original permits or licenses assigned.
Assignment of Licenses. 12 5.4 Conditions...................................................................... 12 5.5 No-shop......................................................................... 13 5.6
Assignment of Licenses. From the Effective Date, the Seller will use its best reasonable commercial efforts, and procure the Related Entity to use its best reasonable commercial efforts, to assist the Purchaser in obtaining the assignment of all licenses covering the online games operated by the Related Party, including but not limited to, the games Shaiya and Legend of Mir III, to the Company or to a wholly owned foreign enterprise designated by Purchaser. For the avoidance of doubt, the Seller shall not be obligated to cause the assignment of the aforesaid licenses and would not accept any responsibility in relation thereto.
Assignment of Licenses. Except as provided in Section 3.3, and subject to the terms and conditions of this Agreement, at and as of the Closing, the Asset Sellers shall assign and transfer to Purchaser, and Purchaser shall take assignment of, all of the Asset Sellers’ title, right and interest in and to all of the Licenses that relate to, in whole or in part, other Assets or are used or held for use in, primarily related to or necessary for the Business (collectively, the “Assumed Licenses”), including the Assumed Licenses set forth on Schedule 3.2(b). Notwithstanding anything contained herein or otherwise to the contrary, this Agreement shall not constitute an agreement to assign any Contract or License or any claim or right or any benefit or obligation thereunder or resulting therefrom if an assignment thereof, without the consent of a third party thereto, would constitute a breach or violation thereof and if such a consent is not obtained at or prior to the Closing, in which case the provisions of Section 7.4(b) shall apply, provided that this sentence shall not limit or otherwise affect the terms of Section 5.3, 6.3, 8.4 or 9.4.
Assignment of Licenses. Horizon shall have delivered to Warn▇▇-▇▇▇▇▇▇▇ ▇▇▇ License Agreement.
Assignment of Licenses. In addition to all other rights granted to Assignee under the Financing Agreement and this Assignment, Assignor further assigns, transfers and sets over to Assignee as collateral any right of Assignor under any license agreement with any other party and which license agreement is transferable, either by its terms or by operation of law, whether Assignor is a licensor or licensee under any such license agreement, and the right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter owned by Assignor and now or hereafter covered by such license and agrees that it will not take any action, or permit any action to be taken by others subject to its control, including licensees (to the extent provided in the agreements with such licensees), or fail to take any action, which would have a material adverse effect on the validity or enforcement of the rights transferred to Assignee under this Assignment. Assignor hereby covenants that it will promptly notify Assignee if any Trademark shall at any time hereafter become subject to any license agreement and that it will promptly provide Assignee with full identification thereof and with such further documentation as Assignee may reasonably request to accomplish or assure the accomplishment of the purpose of this Section 4.