Common use of Additional Seller Covenants Clause in Contracts

Additional Seller Covenants. Seller, on behalf of itself, its Affiliates, and its successors and assigns covenants and agrees that it shall not transfer, assign, sublicense or otherwise grant to any third party, rights to use any of the rights under the Retained Patents or Know-How in the Human RFID Field.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VeriChip CORP), Asset Purchase Agreement (Digital Angel Corp)

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Additional Seller Covenants. Seller, on behalf of itself, its Affiliates, and its successors and assigns covenants and agrees that it shall not transfer, assign, sublicense or otherwise grant to any third party, rights to use any of the rights under the Retained Patents, Assigned Patents or Know-How in the Human RFID Field.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Veriteq), Asset Purchase Agreement (POSITIVEID Corp)

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