Common use of Effects of This Transaction Clause in Contracts

Effects of This Transaction. Neither the execution, delivery or performance of this Agreement or any Ancillary Agreement, nor the consummation of any of the transactions contemplated by this Agreement or any Ancillary Agreement will, with or without notice or lapse of time or both, result in, or give any other Person the right or option to cause or declare: (i) a loss of, or Encumbrance on, any Company IP; (ii) a breach of or default under any Company IP Contract; (iii) the release, disclosure or delivery of any Company IP by or to any escrow agent or other Person; or (iv) the grant, assignment or transfer to any other Person of any license or other right or interest under, to or in any of the Company IP.

Effects of This Transaction. Neither the execution, delivery or performance of this Agreement (or any of the Ancillary Agreement, Agreements) nor the consummation of any of the transactions contemplated by this Agreement or any Ancillary Agreement Transactions will, with or without notice or lapse of time or bothtime, result in, or give any other Person the right or option to cause or declare: , (i) a loss of, or Encumbrance on, any Company Transferred IP; , (ii) a breach of or default under any Company Seller IP Contract; , (iii) the release, disclosure disclosure, or delivery of any Company Transferred IP by or to any escrow agent or other Person; , or (iv) the grant, assignment or transfer to any other Person of any license or other right or interest under, to or in any of the Company Transferred IP.

Effects of This Transaction. Neither the execution, delivery or performance of this Agreement or any Ancillary Agreement, nor the consummation of any of the transactions contemplated by this Agreement or any Ancillary Agreement will, with or without notice or lapse of time or both, result in, or give any other Person the right or option pursuant to any Company IP Contract to cause or declare: (i) a loss of, or Encumbrance on, any Company IP; (ii) a breach of or default under any Company IP Contract; (iii) the release, disclosure or delivery of any Company IP by or to any escrow agent or other Person; or (iv) the grant, assignment or transfer to any other Person of any license or other right or interest under, to or in any of the Company IP.

Effects of This Transaction. Neither the execution, delivery or performance of this Agreement or any Ancillary Agreement, nor the consummation of any of the transactions contemplated by this Agreement or any Ancillary Agreement will, with or without notice or lapse of time or bothtime, result in, or give any other Person the right or option to cause or declare: (i) a loss of, or Encumbrance on, any Acquired Company IP; (ii) a breach of or default under any Acquired Company IP Contract; (iii) the release, disclosure or delivery of any Acquired Company IP by or to any escrow agent or other Person; or (iv) the grant, assignment or transfer to any other Person of any license or other right or interest under, to or in any of the Acquired Company IP.

Effects of This Transaction. Neither the execution, delivery delivery, or performance of this Agreement (or any Ancillary Agreement, of the ancillary agreements) nor the consummation of any of the transactions contemplated by this Agreement (or any Ancillary Agreement of the ancillary agreements) will, with or without notice or lapse of time or bothtime, result in, or give any other Person the right or option to cause or declare: , (i) a loss of, or Encumbrance Lien on, any Company IPIntellectual Property; or (ii) a breach of or default under any Company IP Contract; (iii) the release, disclosure disclosure, or delivery of any Company IP Intellectual Property by or to any escrow agent or other Person; or (iviii) the grant, assignment assignment, or transfer to any other Person of any license or other right or interest under, to to, or in any of the Company IPIntellectual Property.