License to Use Certain Assets. To the extent that there are any tangible or intangible assets used by Seller in connection with the Business that are not specifically designated as Excluded Assets by Section 2.2 (without reference to this Section), the Purchased Assets shall include an irrevocable, nonexclusive, perpetual, paid-up, royalty-free, transferrable license to utilize such assets in connection with the operation of the Business after the Closing Date. To the extent that any such assets may not be licensed, Seller shall take all steps required to assure that Purchaser obtains the benefit of such assets.
Appears in 6 contracts
Samples: Asset Purchase Agreement (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp)
License to Use Certain Assets. To the extent that there are any tangible or intangible assets used by Seller in connection with the Purchased Assets or the Business that are not specifically designated as Excluded Assets by Section 2.2 (without reference to this Section), the Purchased Assets shall include an irrevocable, nonexclusive, perpetual, paid-up, royalty-free, transferrable transferable license to utilize such assets in connection with the operation of the Business after the Closing Date. To the extent that any such assets may not be licensed, Seller shall take all steps required to assure that Purchaser obtains the benefit of such assets.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp)
License to Use Certain Assets. To the extent that there are any tangible or intangible assets used by Seller in connection with the Purchased Assets or the Business that are not specifically designated as Excluded Assets by Section 2.2 (without reference to this Section), the Purchased Assets shall include an irrevocable, nonexclusive, perpetual, paid-up, royalty-free, transferrable license to utilize such assets in connection with the operation of the Business after the Closing Date. To the extent that any such assets may not be licensed, Seller shall take all steps required to assure that Purchaser obtains the benefit of such assets.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp)
License to Use Certain Assets. To the extent that there are any tangible or intangible assets used by Seller in connection with the Business that are not included under Section 2.1 (that are not specifically designated as Excluded Assets by Section 2.2 (without reference to this Section)), the Purchased Assets shall include an irrevocable, nonexclusive, perpetual, paid-up, royalty-free, transferrable transferable license to utilize such assets in connection with the operation of the Business after the Closing Date. To the extent that any such assets may not be licensed, Seller shall take all steps required use its best efforts to assure that Purchaser obtains the benefit of such assets.
Appears in 1 contract
Samples: Asset Purchase Agreement (Jpe Inc)
License to Use Certain Assets. To the extent that there are any tangible or intangible assets used by Seller solely, actually and directly in connection with the Purchased Assets or the Business that are not specifically designated as Excluded Assets by Section 2.2 (without reference to this Section), the Purchased Assets shall include an irrevocable, nonexclusive, perpetual, paid-up, royalty-free, transferrable transferable license to utilize such assets in connection with the operation of the Business after the Closing Date. To the extent that any such assets may not be licensed, each Seller shall take all steps required to assure that Purchaser obtains the benefit of such assets.
Appears in 1 contract
