Intangible Property Assignment Clause Samples
The Intangible Property Assignment clause transfers ownership of non-physical assets, such as intellectual property rights, trademarks, copyrights, or patents, from one party to another. In practice, this clause ensures that any creations, inventions, or proprietary information developed during the course of an agreement are legally assigned to the designated party, often the employer or client. Its core function is to clarify and formalize the transfer of rights to intangible assets, preventing future disputes over ownership and ensuring that the intended party has full control and use of these assets.
Intangible Property Assignment. The Intangible Property Assignment duly executed by Purchaser;
Intangible Property Assignment. An assignment of the Intangible Property (the “Intangible Property Assignment”), in the form and content of Exhibit F attached hereto duly executed by executed by Seller or Manager, conveying the Intangible Property to Purchaser;
Intangible Property Assignment. For recording purposes, BFC, BFC Investments and BFIC shall each have executed and delivered to Buyer an agreement, substantially in the form of Exhibit H hereto, assigning its respective rights to the intangible property set forth in Section 1.2; and
Intangible Property Assignment. Two (2) originals of an assignment of the Intangible Property (the “Intangible Property Assignment”), in the form and content of Exhibit E attached hereto duly executed by Seller, conveying the Intangible Property to Purchaser;