Executed Assignments definition
Examples of Executed Assignments in a sentence
Purchaser may record the Executed Assignments with the applicable patent offices only on or after Closing.
Seller caused the Executed Assignments to be delivered to Purchaser’s representatives.
Purchaser may record the Executed Assignments with the applicable patent offices only on or after Closing and full payment to Seller’s agent’s account, as set forth above, of the full amount set forth in this paragraph 3.4.
The sale, assignment, transfer and conveyance of the Assigned Patent Rights and the Assigned Abandoned Rights will be evidenced by the Executed Assignments.
Upon the receipt of such permission from Assignor, the Escrow Agent will then transfer the Executed Assignment(s) in Escrow to Assignee, who may then and only then record the Executed Assignments with the applicable patent offices.
Purchaser’s outside counsel may send a Transmitted Copy of such Executed Assignments to Purchaser for Purchaser’s review, but for no other purpose.
At the Closing and upon receipt of the payment set forth in Section 2.1 under this Agreement, Assignor will provide Escrow Agent written notice of permission, with a copy to Assignee’s Representatives, to release immediately the Executed Assignments to Assignee.
At Closing, Seller will deliver the following items to Purchaser or its representative, and the delivery of each item will be a condition to Purchaser’s obligations under this Agreement: (i) an original counterpart of this Agreement duly executed by Seller; (ii) the original Executed Assignments; and (iii) such other documents, certificates, consents, waivers and supporting papers necessary to consummate the transactions contemplated by this Agreement.
Upon receipt of the executed copy of this Agreement as well as the original Executed Assignment(s), Escrow Agent shall immediately give Parties a written notice to acknowledge receipt of duly Executed Assignment(s) as provided in Exhibit B, and present for Assignee’s payment.
Assignor caused the Executed Assignments to be delivered to the Escrow Agent.