Common use of Post-Closing Cooperation Clause in Contracts

Post-Closing Cooperation. Seller agrees that, if reasonably requested ------------------------ by Buyer, it will cooperate with Buyer, at Buyer's expense, in enforcing the terms of any agreements between Seller and any third party involving the Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Atroad Inc), Asset Purchase Agreement (Pointshare Corp), Asset Purchase Agreement (Pointshare Corp)

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Post-Closing Cooperation. Seller agrees that, if reasonably requested ------------------------ by Buyer, it will cooperate with Buyer, at Buyer's ’s expense, in enforcing the terms of any agreements between Seller and any third party involving the Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's ’s name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ess Technology Inc)

Post-Closing Cooperation. Seller agrees that, if reasonably requested ------------------------ by BuyerPurchaser, it will cooperate with BuyerPurchaser, at BuyerPurchaser's expense, in enforcing the terms of any agreements between Seller and any third party involving the Businessbusiness, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer Purchaser is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer Purchaser by assigning to Buyer Purchaser such rights as may be required by Buyer Purchaser to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer Purchaser to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's name, provided that Buyer Purchaser shall be entitled to participate in such proceedings and provided further that Buyer Purchaser shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Acquisition Agreement (Phoenix Technologies LTD)

Post-Closing Cooperation. Seller agrees that, if reasonably requested ------------------------ by Buyer, it will cooperate with Buyer, at Buyer's expense, in enforcing the terms of any agreements between Seller or Seller Sub and any third party involving the Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's or Seller Sub's name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Purchase Agreement (Accrue Software Inc)

Post-Closing Cooperation. Seller agrees that, if reasonably requested ------------------------ by Buyer, it will cooperate with Buyer, at Buyer's ’s expense, in enforcing the terms of any agreements between Seller and any third party Third Party involving the Assets or the Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party Third Party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third partyThird Party, Seller agrees to initiate proceedings against such third party Third Party in Seller's ’s name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ess Technology Inc)

Post-Closing Cooperation. Seller agrees and Parent agree that, if reasonably requested ------------------------ by Buyer, it each of them will cooperate with Buyer, at Buyer's ’s expense, in enforcing the terms of any agreements between Seller and any third party involving the Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees and Parent agree to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees and Parent agree to initiate proceedings against such third party in Seller's Seller or Parent’s name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ellie Mae Inc)

Post-Closing Cooperation. Seller agrees that, if reasonably requested ------------------------ by Buyer, it will cooperate with Buyer, at Buyer's expense, in enforcing the terms of any agreements between Seller and any third party involving the IZ Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Purchase Agreement (Popmail Com Inc)

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Post-Closing Cooperation. (a) Seller agrees that, if reasonably requested ------------------------ by Buyer, it will cooperate with Buyer, at Buyer's expense, in enforcing the terms of any agreements between Seller and any third party involving the Business, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedingsproceedings and shall reimburse Seller for such expenses as they are incurred by Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atroad Inc)

Post-Closing Cooperation. Seller agrees that, if reasonably ------------------------ requested ------------------------ by BuyerPurchaser, it will cooperate with BuyerPurchaser, at BuyerPurchaser's expense, in enforcing the terms of any agreements between Seller and any third party involving the Businessbusiness, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer Purchaser is unable to enforce its intellectual property rights against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer Purchaser by assigning to Buyer Purchaser such rights as may be required by Buyer Purchaser to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer Purchaser to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's name, provided that Buyer Purchaser shall be entitled to participate in such proceedings and provided further that Buyer Purchaser shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Acquisition Agreement (Phoenix Technologies LTD)

Post-Closing Cooperation. Seller Each Party agrees that, if reasonably requested ------------------------ by Buyerthe other party, it will cooperate with Buyer, at Buyer's expense, in enforcing the terms of any agreements between Seller and any third party involving the BusinessAssets, including without limitation terms relating to confidentiality and the protection of intellectual property rights. In the event that Buyer is unable to enforce its any intellectual property rights Buyer receives as a part of the Assets against a third party as a result of a rule or law barring enforcement of such rights by a transferee of such rights, Seller agrees to reasonably cooperate with Buyer by assigning to Buyer such rights as may be required by Buyer to enforce its intellectual property rights in its own name. If such assignment still does not permit Buyer to enforce its intellectual property rights against the third party, Seller agrees to initiate proceedings against such third party in Seller's ’s name, provided that Buyer shall be entitled to participate in such proceedings and provided further that Buyer shall be responsible for the expenses of such proceedings.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wj Communications Inc)

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