Common use of Assignment to Purchaser Clause in Contracts

Assignment to Purchaser. Seller agrees to, and does hereby, irrevocably sell, assign, transfer and convey to Purchaser, throughout the world and in perpetuity, the entire right, title and interest in and to the Purchased Patents, all inventions claimed therein and all Patent Documents, free and clear of all liens, claims, licenses, covenants, encumbrances and interests (other than the Potentially Relevant Licenses as set forth in Exhibit D)). For the avoidance of doubt, Purchaser shall honor the contractual status as the licenser in accordance with laws for any Potentially Relevant Licenses.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Energy Telecom, Inc.), Patent Purchase Agreement (Solid Solar Energy, Inc.), Patent Purchase Agreement (Finishing Touches Home Goods Inc.)