Common use of Assignment; Change of Control Clause in Contracts

Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this Agreement, and the consummation of the transactions contemplated hereby, will not result in the loss or impairment of, or give rise to any right of any third party to terminate, any of the Company's or any of its subsidiaries' rights to own any of its Intellectual Property or their respective rights under the License Agreements, nor require the consent of any Governmental Authority or third party in respect of any such Intellectual Property.

Appears in 3 contracts

Samples: Stock Option Agreement (Quickturn Design Systems Inc), Agreement and Plan of Merger (Quickturn Design Systems Inc), Agreement and Plan of Merger (Quickturn Design Systems Inc)

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Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this Agreement, and the consummation of the transactions contemplated hereby, will not result in the loss or impairment of, or give rise to any right of any third party to terminate, any of the Company's or any of its subsidiaries' rights to own any of its Intellectual Property or their respective rights under the License Agreements, nor require the consent of any Governmental Authority or third party in respect of any such Intellectual Property.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cadence Design Systems Inc), Agreement and Plan of Merger (Cadence Design Systems Inc)

Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this Agreement, and the consummation of the transactions contemplated hereby, will not result in the loss or impairment of, or give rise to any right of any third party to terminateterminate or materially alter, any of the Company's or any of its subsidiariesSubsidiaries' material rights to own any of its Intellectual Property or their respective material rights under the any Inbound License AgreementsAgreement or Outbound License Agreement, nor require the consent of any Governmental Authority or third party in respect of any such Intellectual Property.

Appears in 2 contracts

Samples: Common Stock and Warrant Purchase Agreement (Ista Pharmaceuticals Inc), Common Stock and Warrant Purchase Agreement (Ista Pharmaceuticals Inc)

Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this Agreement, and the consummation of the transactions contemplated herebyTransactions, will not result in the loss or impairment of, or give rise to any right of any third party to terminateterminate or materially alter, any of the Company's or any of its subsidiaries' material rights to own any of its Intellectual Property or their respective its material rights under the any Inbound License AgreementsAgreement or Outbound License Agreement, nor require the consent of any Governmental Authority or third party in respect of any such Intellectual Property.

Appears in 1 contract

Samples: Solicitation Agreement (Ribozyme Pharmaceuticals Inc)

Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this Agreement, and the consummation by the Company of the transactions contemplated hereby, will not result in the loss or impairment of, or give rise to any right of any third party to terminate, any of the Company's or any of its subsidiaries' rights to own any of its Intellectual Property or their respective its material rights under the Inbound License Agreements, nor require the consent of any Governmental Authority or third party in respect of any such material Intellectual Property.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Virata Corp)

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Assignment; Change of Control. The Neither the execution, delivery and ----------------------------- performance by the Company of this Agreement, and nor the consummation performance of the transactions contemplated hereby, Company’s obligations hereunder will not result in the loss or impairment of, or give rise to any right of any third party to terminate, any of the Company's ’s Intellectual Property rights or rights under any Intellectual Property License, nor trigger any right of its subsidiaries' any third party to obtain rights to own any of its Intellectual Property used or their respective owned by the Company to which such third party did not have rights under prior to or but for the License AgreementsClosing, nor require the consent of any Governmental Authority Body or third party in respect of any such Intellectual Property.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Energy Recovery, Inc.)

Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this AgreementAgreement and the Ancillary Agreements, and the consummation of the transactions contemplated herebyhereby and thereby, will not result in the loss or impairment of, or give rise to any right of any third party to terminate, terminate or reprice or otherwise renegotiate any of the Company's or any of its subsidiaries' ’s rights to own any of its Business Intellectual Property or their respective rights under the any Inbound License AgreementsAgreement or Outbound License Agreement, nor require the consent of any Governmental Authority or other third party in respect of any such Intellectual Property.

Appears in 1 contract

Samples: Asset Purchase Agreement (Liquidity Services Inc)

Assignment; Change of Control. The execution, delivery and ----------------------------- performance by the Company of this Agreement, and the consummation by the Company of the transactions contemplated hereby, will not result in the loss or impairment of, or give rise to any right of any third party to terminate, any of the Company's or any of its subsidiaries' rights to own any of its Intellectual Property or their respective rights under the License Agreements, nor require the consent of any Governmental Authority or third party in respect of any such Intellectual Property.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Virata Corp)

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