Sale of Intellectual Property. At the First Closing, and pursuant to a definitive asset purchase agreement, the appropriate parties shall close on the sale of substantially all of the assets of Club Licensing, LLC, a Colorado limited liability company (“Club Licensing”), to a wholly owned subsidiary of Rick’s for a purchase price of $13,000,000. The assets of Club Licensing include substantially all of the intellectual property used in the adult entertainment establishment businesses owned and operated by the Affiliated Club Sellers (the “IP Transaction”).
Sale of Intellectual Property. Funds received by the College from the sale of intellectual property owned by the College shall be allocated and expended as determined solely by the College. Funds received by the faculty member from the sale of intellectual property owned by the faculty member shall be allocated and expended as determined solely by the faculty member. Funds received by the faculty member and by the College from the sale of intellectual property owned jointly by the faculty member and the College shall be allocated and expended in accordance with the specific agreement negotiated by the faculty member and the College concerning such jointly owned intellectual property.
Sale of Intellectual Property. Nothing contained herein shall prevent Xxxxxx from marketing and selling the Intellectual Property subject to all rights of TIMET granted under this Section 5.
Sale of Intellectual Property. (1) The Seller agrees that it has the requisite authority to sell and transfer the Intellectual Property, and further agrees that selling the Intellectual Property means that from the date of this Agreement, the Seller has no further claims, whatsoever, to the Intellectual Property.
Sale of Intellectual Property. Akrion shall require any third-party (a “Third-Party Purchaser”) to which it or Newco sells the Intellectual Property to agree, in writing, to continue to make the Royalty Payments to Westar in the amounts, in the manner and on the other terms provided in this Agreement. Westar acknowledges and agrees that Akrion’s obligation to obtain the written agreement of the Third-Party Purchaser to continue to pay Westar the Royalty Payments is not a guarantee by Akrion or Newco of the Third-Party Purchaser’s obligation to make any Royalty Payments and that Westar’s sole recourse with respect to any such Royalty Payments is to the Third-Party Purchaser.
Sale of Intellectual Property. Sale, marketing, distribution or any other action outside the Corporation relating to intellectual property created by the Corporation, except as contemplated by the Annual Business Plan;
Sale of Intellectual Property. Notwithstanding clauses 13.1 to 13.4 (inclusive), where the Grantee sells, assigns, licences or otherwise Deals With any Intellectual Property developed using whole or part of the Grant (IP Transaction):
Sale of Intellectual Property. Subject to the terms and conditions of this Agreement, and in reliance on the representations and warranties of the other party hereto Seller hereby agrees to sell, convey, transfer, and assign to Buyer at the Closing, and Buyer hereby agrees to purchase from Seller the Intellectual Property. In accordance therewith at the Closing the Seller shall assign and transfer the entire right, title, and interest in and to the Intellectual Property in the United States and foreign countries and the patents included in the Intellectual Property (including but not limited to all reissues, divisions, continuations and extensions of such patents) all rights of action arising from such patents, all claims for damages by reason of past infringement of such patents and the right to sxx and collect damages for such infringement, to be held and enjoyed by the Buyer for its own use and benefit and for its successors and assigns as the same would have been held by the Seller had this assignment not been made.
Sale of Intellectual Property. As of the date hereof, Seller hereby conveys, grants, bargains, sells, transfers, sets over, assigns, alienates, remises, releases, delivers and confirms unto Purchaser, its successors and assigns forever, all right, title and interest in and to Seller's Intellectual Property included within the Acquired Assets to have and to hold all of the foregoing Seller's Intellectual Property included within the Acquired Assets unto Purchaser, its successors and assignees for its and their own use forever.
Sale of Intellectual Property. Nothing contained herein shall prevent Supplier from marketing and selling the Intellectual Property subject to the rights of Customer granted under this section 5 of the Agreement.
