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), including the right to s▇▇ for and recover damages and payments for past, present and future infringements and misappropriations with respect thereto. For the avoidance of doubt, Purchaser shall honor the contractual status as the licenser in accordance with laws for any Potentially Relevant Licenses. As for the Patent License between Mesh Comm, LLC and L▇▇▇▇▇+Gyr, Inc, (the “L+G License”) Purchaser agrees that it will be subject to the same rights and obligations of the L+G License and shall require the same of any subsequent successor to or assignee of the L+G License.
Appears in 1 contract
Sources: Patent Purchase Agreement (Finishing Touches Home Goods Inc.)
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), including the right to s▇▇▇ for and recover damages and payments for past, present and future infringements and misappropriations with respect thereto. For the avoidance of doubt, Purchaser shall honor the contractual status as the licenser in accordance with laws for any Potentially Relevant Licenses. As for the Patent License between Mesh Comm, LLC and L▇▇▇▇▇+Gyr▇+Gyr, Inc, (the “L+G License”) Purchaser agrees that it will be subject to the same rights and obligations of the L+G License and shall require the same of any subsequent successor to or assignee of the L+G License.
Appears in 1 contract
Sources: Patent Purchase Agreement