Common use of Assignment of Joint Patents Clause in Contracts

Assignment of Joint Patents. Neither Party may assign its rights under any Joint Patent except with the prior written consent of the other Party; provided, however, that either party may assign such rights without consent to an Affiliate or other permitted assignee under this Agreement in connection with a merger or similar reorganization or sale of all or substantially all of its assets.

Assignment of Joint Patents. Neither Party may assign or license its rights under any Joint Patent except with the prior written consent of the other Party; providedPROVIDED, howeverHOWEVER, that either party Party may assign or license such rights without consent to an Affiliate or other permitted assignee under this Agreement and in connection with a merger or similar reorganization or the sale of all or substantially all of its assets, as provided for in Section 17.01(b).