Existing Encumbrances. The Assigned Patents are assigned and transferred subject to the Existing Encumbrances, and Purchaser hereby commits to respect such Existing Encumbrances, including without limitation Purchaser shall ensure that any subsequent sale, assignment, lien, mortgage or other transfer of the Assigned Patents by 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 Purchaser.
Appears in 2 contracts
Samples: Patent Purchase Agreement, Patent Purchase Agreement (Vringo Inc)
Existing Encumbrances. The Assigned Patents are assigned and transferred subject to the Existing Encumbrances, and Purchaser Assignee hereby commits to respect such Existing Encumbrances, including without limitation Purchaser Assignee shall ensure that any subsequent sale, assignment, lien, mortgage or other transfer of the Assigned Patents by Purchaser 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 PurchaserAssignee.
Appears in 2 contracts
Samples: Settlement and Patent Assignment Agreement, Confidential Settlement and Patent Assignment Agreement (FORM Holdings Corp.)
