Common use of Covenant Not to Sell or Transfer Clause in Contracts

Covenant Not to Sell or Transfer. Until the expiration of the Rescission Date, (i) other than license agreements and assignments entered into and between Acquisition, Synergistic Holdings, LLC and Accelera Innovations, Inc., one of which includes the license as attached hereto as Exhibit C and is located online at xxxx://xxx.xxx.xxx/Archives/xxxxx/data/1444144/000135448811003114/aaiv8k_ex0000000000.htm, which is permissible hereunder, Acquisition shall not sell, transfer, pledge or assign any right, title or interest in the Sale Assets without the prior written approval of a duly authorized manager of Voidicle, which consent may be withheld for any reason. In the event of any breach or threatened breach of this Section 3.4, the aggrieved party shall be entitled to exercise the rights to injunctive relief available to it as provided under Section 7.3.

Appears in 3 contracts

Samples: Technology Purchase Agreement (Accelera Innovations, Inc.), Technology Purchase Agreement (Accelera Innovations, Inc.), Technology Purchase Agreement (Accelera Innovations, Inc.)

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Covenant Not to Sell or Transfer. Until the expiration of the Rescission Date, (i) other than license agreements and assignments entered into and between Acquisition, Synergistic Holdings, LLC and Accelera Innovations, Inc., one of which includes the license as attached hereto as Exhibit C and is located online at xxxx://xxx.xxx.xxx/Archives/xxxxx/data/1444144/000135448811003114/aaiv8k_ex0000000000.htm, which is permissible hereunder, Acquisition shall not sell, transfer, pledge or assign any right, title or interest in the Sale Assets without the prior written approval of a duly authorized manager of Voidicle, which consent may be withheld for any reason. In the event of any breach or threatened breach of this Section 3.4, the aggrieved party shall be entitled to exercise the rights to injunctive relief available to it as provided under Section 7.3.. 3.5

Appears in 1 contract

Samples: Licensing Agreement

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