Assignment and Delivery Sample Clauses
The "Assignment and Delivery" clause defines the process by which rights, obligations, or interests under an agreement may be transferred from one party to another and the requirements for formally effectuating such a transfer. Typically, this clause outlines whether prior written consent is needed for assignment, specifies any exceptions, and details the manner in which delivery of assigned rights or documents must occur. Its core practical function is to ensure that any transfer of contractual interests is conducted transparently and with proper authorization, thereby preventing unauthorized assignments and clarifying the steps necessary for a valid transfer.
Assignment and Delivery. Effective on the Effective Date, in partial consideration of the receipt of the Shares pursuant to the Exchange Agreement, the Assignor hereby irrevocably assigns, transfers, grants, conveys, delivers and relinquishes exclusively to the Company, its successors and assigns, (i) all of the Assignor’s entire right, title and interest in and to the Contract and (ii) all of Assignor’s right, title and interest in and to each and all of the IP Assets, and shall have no further obligations or liabilities with respect to the Assumed Liabilities from and after the Effective Date.
Assignment and Delivery. Assignment * 2.2 Delivery * 2.3 License * ARTICLE 3 DEVELOPMENT *
Assignment and Delivery. The parties acknowledge that certain assets (the "ASSETS") formerly held by the predecessors of Health Network and Health & Fitness were acquired by WebMD or one or more of its Affiliates after January 26, 2000, and that WebMD has legal title to certain of the Assets and mere possession of others of the Assets. On the date hereof, WebMD shall assign the Assets to Health Network pursuant to the terms of an Assignment and Transfer Agreement in the form attached hereto as Exhibit C (the "ASSIGNMENT AGREEMENT").
Assignment and Delivery