Common use of No Royalties Clause in Contracts

No Royalties. No royalty or similar item or amount is being paid or is owing by Seller, nor is any such item accruing, with respect to the operation, ownership or use of the Business or the Assets.

Appears in 6 contracts

Sources: Asset Purchase Agreement (Corestaff Inc), Plan of Reorganization, Merger and Acquisition Agreement (Billing Concepts Corp), Merger Agreement (Billing Information Concepts Corp)

No Royalties. No royalty or similar item or amount is being paid ------------ or is owing by Seller, nor is any such item accruing, with respect to the operation, ownership or use of the Business or of the Assets.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Global Imaging Systems Inc), Asset Purchase Agreement (Global Imaging Systems Inc)

No Royalties. No royalty or similar item or amount is being paid or is owing by SellerSellers, nor is any such item accruing, with respect to the operation, ownership or use of the Business or of the Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Corestaff Inc)

No Royalties. No royalty or similar item or amount is being paid or is owing by Seller, nor is any such item accruing, with respect to the operation, ownership or use of the Business or the AssetsAssets of Seller.

Appears in 1 contract

Sources: Merger Agreement (Tristar Corp)

No Royalties. No royalty or similar item or amount is being paid or is owing by Sellereither of the Sellers, nor is any such item accruing, with respect to the operation, ownership or use of the Business or the Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Edisto Resources Corp)