Royalties; Terms. Assignor hereby agrees that the use by Assignee of the Patent Rights shall be worldwide and without any liability for royalties or other related charges from Assignee to Assignor. The term of the assignments granted herein shall extend until the earlier of (1) the expiration of all Patent Rights or (2) payment in full of the Obligations and termination of the Loan Agreement.
Appears in 2 contracts
Samples: Vital Health Technologies Inc, Vital Health Technologies Inc
Royalties; Terms. Assignor hereby agrees that the use by Assignee of the Patent Rights shall be worldwide and without any liability for royalties or other related charges from Assignee to Assignor. The term of the assignments granted herein shall extend until the earlier of (1i) the expiration of all Patent Rights or (2ii) payment in full of the Obligations and termination of the Loan Note Agreement.
Appears in 1 contract
Samples: Collateral Patent Assignment (Norris Communications Corp)
Royalties; Terms. Assignor hereby agrees that the use by Assignee of the Patent Rights shall be worldwide and without any liability for royalties or other related charges from Assignee to Assignor. The term of the assignments granted herein shall extend until the earlier of (1) the expiration of all Patent Rights or (2) payment in full of the Obligations Indebtedness and termination of the Loan Agreement.
Appears in 1 contract
