Patent Transfer. Within [****] after receipt of the Upfront Payment BII shall provide XYNOMIC with copies of the patent files of all Assigned Patents available at BII on the Effective Date (via electronic delivery) except for such files kept with the local patent representatives which shall remain with the respective representative until further instruction from XYNOMIC.
Patent Transfer. BII shall provide CENTREXION with copies of the patent files of all Assigned Patents available at BII on the Effective Date (via electronic delivery) except for such files kept with the local patent representatives which shall remain with the respective representative until further instruction from CENTREXION. Except as otherwise provided in this Agreement, CENTREXION will be responsible for the maintenance and prosecution of the Assigned Patents after the Effective Date. If BII receives any bills or invoices for such work performed after the Effective Date, then BII will forward to CENTREXION such bills or invoices for payment by CENTREXION and BII shall have no liability for CENTREXION’s failure to timely pay such bills or invoices.
Patent Transfer. Each of Xx. Xxxxx Yikang and Xx. Xxxxx Decheng shall, and each of the other Warrantors shall procure that each of Xx. Xxxxx Yikang and Xx. Xxxxx Decheng, duly transfer all patents and patent applications currently held under his own name to Changzhou Kanghui as soon as practicable without any consideration to the extent permitted by PRC law.
Patent Transfer. Party A shall transfer the patent which it legally owned (a utility model relating to a filling and fixing device for a bottle of plant nutrient solution) (patent number: __) to Tantech Charcoal without charge.
Patent Transfer. Party A shall transfer the rights to the patent that the target company legally owned, a utility model related to a filling and fixing device for the bottles for plant nutrient solution [Patent Number: 201521127995.4] to a company designated by Party A. Party A shall pay the transfer fee.
Patent Transfer. To the extent a Business Patent is to be transferred to Parent or any of its Affiliate on or prior to the Closing, Parent shall cause the Company to transfer such Business Patent at fair market value (as reasonably determined by Parent) and on an arm’s length basis. Following the Closing, if the Parties reasonably determine that such Business Patent is primarily used or held for use in the Business, the Parties shall, as soon as reasonably practicable thereafter, ensure that such Business Patent is transferred back to the Company.
Patent Transfer. Party A shall transfer the patents which they legally owned Methods and equipment for combustion and distillation [patent number: ZL200410075047.0 ] to the target company without charge. The procedures for the transfer of patents will be submitted to the relevant agencies within 15 days after Party A receives the first payment.
Patent Transfer. GTX hereby assigns all right, title and interest in and to the Patents, on a worldwide basis, to the Entity. GTX further agrees to confirm such assignment using a form substantially similar to that appearing in Exhibit B, which it will execute concurrently with entry into this Agreement. For avoidance of doubt, the Parties stipulate that such assignment conveys to the Entity all right, title and interest in and to the Patents, including the exclusive right to sxx and the exclusive right to grant licenses under the Patents, and right to recover future and past damages for infringement, and that GTX retains no right to grant licenses to or to sxx for infringement of the Patents, whether for past damages or otherwise. In connection with such Assignment, and in future support of monetization efforts by the Entity, GTX agrees to execute such additional documentation and to take other acts as reasonably deemed necessary by Inventergy and/or the Entity in order to assign the Patents in the Entity and to record the Entity’s interest in the Patents, and to otherwise cooperate as necessary in the prosecution, maintenance and assertion of the Patents by the Entity. Further, the obligation of GTX to assign Patents on an ongoing basis is expressly agreed to be a continuing obligation for GTX inventions that result from collaboration with Inventergy (or the Entity). Such inventions are to be assigned to the Entity under the terms of this Agreement. In addition, any Inventergy inventions as a result of collaboration with GTX as well as any patents or patent applications derived from the specifications of the initial transferred intellectual property listed in Exhibit A will also be assigned to the Entity under the terms of this Agreement.
Patent Transfer. Within thirty (30) days after the date of this Agreement, (i) Seller will cause SAE Hong Kong to transfer and assign SAE Hong Kong’s joint ownership interest in any Acquired Patent(s) to TDK Japan or EPCOS Germany, and (ii) TDK Japan or EPCOS Germany will (x) file an appropriate transfer and assignment documents with the application Registration Offices to record such transfer and assignment from SAE Hong Kong and (y) provide copies of such documents to Purchaser Parent.
Patent Transfer. Buyer agrees that for a period of two years from the date of the Closing that it will not sell, assign, transfer or otherwise license the Process or any patents relating thereto to any third party without the prior approval of 85% of the then outstanding shares of common voting stock of the Buyer.
