Common use of No Payment Clause in Contracts

No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.

Appears in 13 contracts

Sources: Software Assignment Agreement, Trademark Assignment Agreement, Trademark Assignment Agreement

No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.

Appears in 4 contracts

Sources: Real Estate Purchase Contract Assignment Agreement, Real Estate Purchase Contract Assignment Agreement, Real Estate Purchase Contract Assignment

No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.. OR

Appears in 1 contract

Sources: Ip Assignment Agreement

No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment. Gift. The Assignor is granting the Assignment as a gift to the Assignee.

Appears in 1 contract

Sources: Ip Assignment Agreement