Ownership of the Patents. The Seller owns all right, title and interest, and has good and marketable title, in and to the Inventions and Patents free and clear of all Encumbrances. Seller is not obligated or under any liability whatsoever to make any payments by way of royalties, fees or otherwise to any owner or licensee of, or other claimant with respect to the use of the subject matter disclosed and claimed in the Inventions or the Patents or in connection with the licensing of the Inventions and/or Patents to third parties.
Appears in 7 contracts
Samples: Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp)
