Assignment of Patents. Upon the closing, Seller shall sell, assign, transfer, and convey to Purchaser all right, title, and interest in and to the Assigned Patent Rights by executing the Assignment of Patent Rights in the form set forth in Exhibit A. Seller understands and acknowledges that, if the Patents have been assigned to Affiliates of Seller or subsidiaries, Seller is required prior to the closing to perform any and all actions necessary to establish that Seller is the owner of the Patents at the time of closing, and to record any and all assignments to Seller.
Appears in 2 contracts
Sources: Patent Purchase Agreement, Patent Purchase Agreement (CalAmp Corp.)
Assignment of Patents. Upon the closingClosing, Seller shall sellhereby sells, assignassigns, transfer, transfers and convey conveys to Purchaser all right, title, title and interest in and to the Assigned Patents and the Patent Rights by executing the Assignment of Patent Rights (as defined in the form set forth in Exhibit A. EXHIBIT B). Seller understands and acknowledges that, that if any of the Patents have been are assigned to Affiliates of Seller Seller's affiliates or subsidiaries, Seller is required prior to the closing Closing, Seller may be required to perform any and all certain actions necessary to establish that Seller is the owner of the Patents at the time of closing, assignee and to record any and all assignments to Sellersuch assignments.
Appears in 2 contracts
Sources: Patent Purchase Agreement (SpeechSwitch, Inc.), Patent Purchase Agreement (Ivoice, Inc /De)
Assignment of Patents. Upon It is contemplated that in the closingevent of a sale, Seller shall sell, assign, transfer, and convey to Patent Purchaser all right, title, and interest in and to the Assigned Patent Rights by executing the Assignment of Patent Rights in the form set forth in Exhibit A. Rights. Seller understands and acknowledges that, if any of the Patents have been are assigned to Affiliates of Seller Seller’s affiliates or subsidiaries, Seller is may be required prior to the closing Closing to perform any and all certain actions necessary to establish that Seller is the owner of the Patents at the time of closing, assignee and to record any such assignments. On or before Closing, Seller will execute and all assignments deliver to SellerAgent the Assignment of Patent Rights to be provided by the Patent Purchaser.
Appears in 1 contract
Assignment of Patents. Upon the closingClosing, Seller shall sellhereby sells, assignassigns, transfer, transfers and convey conveys to Purchaser all right, title, title and interest in and to the Assigned Patent Rights by executing the Assignment of Patent Rights in the form Patents as more fully set forth in Exhibit A. EXHIBIT B. Seller understands and acknowledges that, that if any of the Patents have been are assigned to Affiliates of Seller Seller's affiliates or subsidiaries, Seller is required prior to the closing Closing, Seller may be required to perform any and all certain actions necessary to establish that Seller is the owner of the Patents at the time of closing, assignee and to record any and all assignments to Sellersuch assignments.
Appears in 1 contract
Sources: Patent Purchase Agreement (Axcess International Inc/Tx)
Assignment of Patents. Upon the closingClosing, Seller shall sellhereby sells, assignassigns, transfertransfers, and convey conveys to Purchaser all right, title, and interest in and to the Assigned Patent Rights by executing the Assignment of Patent Rights in the form set forth in Exhibit A. Rights. Seller understands and acknowledges that, if any of the Patents have been are assigned to Affiliates of Seller Seller’s affiliates or subsidiaries, Seller is may be required prior to the closing Closing to perform any and all certain actions necessary to establish that Seller is the owner of the Patents at the time of closing, assignee and to record any and all assignments to Sellersuch assignments.
Appears in 1 contract
Sources: Asset Purchase Agreement (Hanover Portfolio Acquisitions, Inc.)
Assignment of Patents. Upon the closingClosing, Seller shall sellhereby sells, assignassigns, transfer, transfers and convey conveys to Purchaser all right, title, title and interest in and to the Assigned Patent Rights by executing the Assignment of Patent Rights in the form Patents as more fully set forth in Exhibit A. B. Seller understands and acknowledges that, that if any of the Patents have been are assigned to Affiliates of Seller Seller’s affiliates or subsidiaries, Seller is required prior to the closing Closing, Seller may be required to perform any and all certain actions necessary to establish that Seller is the owner of the Patents at the time of closing, assignee and to record any and all assignments to Sellersuch assignments.
Appears in 1 contract
Sources: Patent Purchase Agreement (Axcess International Inc/Tx)