Common use of New Patents and Licenses Clause in Contracts

New Patents and Licenses. If before the Obligations are satisfied in full, Assignor obtains rights to any new patentable inventions, Patents or patent applications, or any reissue, division, continuation, renewal, extension, or continuation-in- part of any Patent or any improvement on any Patent, the provisions of Section 2 above shall automatically apply thereto and Assignor shall give to Assignee written notice thereof. Assignor hereby authorizes Assignee to modify this Assignment by amending Schedule A to include such rights.

Appears in 2 contracts

Samples: Vital Health Technologies Inc, Vital Health Technologies Inc

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New Patents and Licenses. If If, before the Obligations are Indebtedness is satisfied in full, Assignor obtains rights to any new patentable inventions, Patents or patent applications, or any reissue, division, continuation, renewal, extension, or continuation-in- in-part of any the Patent Application or any improvement on any Patentthe Patent Application, the provisions of Section 2 above shall automatically apply thereto and Assignor shall give to Assignee written notice thereof. Assignor hereby authorizes Assignee to modify this Assignment by amending Schedule A to include such rights.

Appears in 1 contract

Samples: Specialized Health Products International Inc

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New Patents and Licenses. If If, before the Obligations are satisfied in full, Assignor obtains rights to any new patentable inventions, Patents patents, or patent applications, or any reissue, division, continuation, renewal, extension, or continuation-in- in-part of any Patent or any improvement on any Patent, the provisions of Section 2 above shall automatically apply thereto and Assignor shall give to Assignee written notice thereof. Assignor hereby authorizes Assignee to modify this Assignment by amending Schedule A B to include such rights.

Appears in 1 contract

Samples: Collateral Patent Assignment (Norris Communications Corp)

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