Existing Encumbrances. The Assigned Patents are assigned and transferred subject to the Existing Encumbrances, and Assignee hereby commits to respect such Existing Encumbrances, including without limitation Assignee shall ensure that any subsequent sale, assignment, lien, mortgage or other transfer of the Assigned Patents by Assignee or its future assignees, transferees or successors of any Assigned Patents shall be made subject to Existing Encumbrances. For the avoidance of doubt, any pre-existing patent license agreements related to the Assigned Patents, including, without limitation, any related royalty payments, shall not be assigned or transferred to Assignee.
Appears in 2 contracts
Samples: Confidential Settlement and Patent Assignment Agreement, Assignment Agreement (FORM Holdings Corp.)
Existing Encumbrances. The Assigned Patents are assigned and transferred subject to the Existing Encumbrances, and Assignee Purchaser hereby commits to respect such Existing Encumbrances, including without limitation Assignee Purchaser shall ensure that any subsequent sale, assignment, lien, mortgage or other transfer of the Assigned Patents by Assignee Purchaser or its future assignees, transferees or successors of any Assigned Patents shall be made subject to Existing Encumbrances. For the avoidance of doubt, any pre-existing patent license agreements related to the Assigned Patents, including, without limitation, any related royalty payments, shall not be assigned or transferred to AssigneePurchaser.
Appears in 2 contracts
Samples: Confidential Patent Purchase Agreement, Confidential Patent Purchase Agreement (Vringo Inc)
