Common use of Assignment of Assigned IP Clause in Contracts

Assignment of Assigned IP. Assignor acknowledges and agrees that he has sold, transferred, conveyed, assigned and set over (and to the extent not done previously, Assignor hereby sells, transfers, conveys, assigns and sets over) to Assignee all of his rights, good and marketable title, and interest in and to the Assigned IP together with all goodwill in connection therewith, free and clear of any liens, security interests, encumbrances or claims of others, and Assignor reserves no rights in any of the Assigned IP, effective as of the Effective Date. Without limiting the foregoing, no liability related to or arising from the Assigned IP is assigned or transferred in any way to Assignee under this Assignment. Assignor and Assignee acknowledge that the Assigned IP has been licensed to APUS for use in the Territory pursuant to a Business Agreement dated as of August 15, 2021 between Assignee and APUS.

Appears in 4 contracts

Samples: Intellectual Property Assignment Agreement (Apimeds Pharmaceuticals US, Inc.), Intellectual Property Assignment Agreement (Apimeds Pharmaceuticals US, Inc.), Intellectual Property Assignment Agreement (Apimeds Pharmaceuticals US, Inc.)

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