Common use of HYPERFEED CONTRIBUTION Clause in Contracts

HYPERFEED CONTRIBUTION. On the terms and subject to the conditions of this Agreement, HyperFeed hereby sells, assigns, transfers, conveys and delivers to the Company as an additional capital contribution to the Company, and the Company hereby acquires from HyperFeed, effective as of the Effective Date, all the right, title and interest of HyperFeed in, to and under the HyperFeed Contributed Assets (as defined below); and HyperFeed hereby grants to the Company as an additional capital contribution to the Company a perpetual, worldwide, non-exclusive right and license to use, execute, reproduce, distribute, perform, display, modify, enhance, create derivative works, and market without payment to any other person all of the HyperFeed Licensed Assets (as defined below) and related documentation. The contribution and acquisition of the HyperFeed Assets (as defined below) and the assumption of the Assumed HyperFeed Liabilities (as set forth in Section 1.02 below) is collectively referred to in this Agreement as the "Contribution Transaction."

HYPERFEED CONTRIBUTION. On the terms and subject to the conditions of this Agreement, HyperFeed hereby sells, assigns, transfers, conveys and delivers to the Company as an additional capital contribution to the Company, and the Company hereby acquires from HyperFeed, effective as of the Effective Datedate hereof, all the right, title and interest of HyperFeed in, to and under the HyperFeed Contributed Assets (as defined below); and HyperFeed hereby grants to the Company as an additional capital contribution to the Company a perpetual, worldwide, non-exclusive right and license to use, execute, reproduce, distribute, perform, display, modify, enhance, create derivative works, and market without payment to any other person all of the HyperFeed Licensed Assets (as defined below) and related documentation. The contribution and acquisition of the HyperFeed Assets (as defined below) and the assumption of the Assumed HyperFeed Liabilities (as set forth in Section 1.02 below) is collectively referred to in this Agreement as the "Contribution Transaction."