Common use of Purchase and Sale of Intellectual Property Clause in Contracts

Purchase and Sale of Intellectual Property. On and subject to the terms and conditions of this Agreement, Seller hereby sells, assigns, transfers, conveys and delivers to Buyer, and Buyer hereby purchases and acquires from Seller, all of Seller’s right, title and interest in and to the Intellectual Property, free and clear of any security interest, lien, charge, option, claim or other encumbrance (each, a “Lien”).

Purchase and Sale of Intellectual Property. On and subject Subject to the terms and conditions of this Agreementset forth herein, Seller hereby irrevocably sells, assigns, transfers, and conveys and delivers to Buyer, and Buyer hereby purchases and acquires from Selleraccepts, all of Seller’s right, title title, and interest in and to the Intellectual Propertyfollowing (collectively, free and clear of any security interest, lien, charge, option, claim or other encumbrance (each, a “LienAcquired Rights”).):

Purchase and Sale of Intellectual Property. On and subject Subject to the terms and conditions of this Agreement, Seller hereby sells, assigns, transfers, conveys and delivers Purchaser agrees to Buyerpurchase the Intellectual Property from the Seller, and Buyer hereby purchases Seller agrees to sell, convey, transfer, assign and acquires from Seller, all of Seller’s right, title and interest in and to deliver the Intellectual Property, and cause the Intellectual Property to be sold, conveyed, transferred, assigned and delivered, to Purchaser, on the Closing Date, upon the receipt by the Seller of the Securities, free and clear of any security interest, lien, charge, option, claim or other encumbrance (each, a “Lien”)Encumbrances.