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. 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. 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. Subject to the provisions of this ----------------------------- Agreement, Buyer USA agrees to purchase from ARC and the Stockholders, and ARC and the Stockholders agree to sell, convey, transfer, assign and deliver to Buyer USA, on the Closing Date (as defined in Section 1.8 hereof) the Intellectual Property Assets owned or used by ARC as of the close of business on the Closing Date which are used in the conduct of ARC's business and operations, other than the Excluded Assets (as defined in Section 1.1.
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.
(2) The Seller agrees that the description of the Intellectual Property here (and on any included schedules or attachments) is accurate and thorough, and that no facets of the Intellectual Property have been left out of this Agreement.
(3) The Seller agrees to transfer any and all rights to the Intellectual Property in favor of the Buyer, and agrees to do all such acts necessary to transfer/register the Intellectual Property in the name of the Buyer.
(4) The Seller agrees that from the date of this Agreement, the Buyer shall have the right to, among other things, exploit the Intellectual Property for profit. The Seller further agrees that following the execution of this Agreement, the Seller shall have no further rights to the Intellectual Property, and that the Seller shall not make any further profit, or any other kind of gain or benefit, as a result of a connection to the Intellectual Property, except as specified in this Agreement.
(5) The Seller hereby covenants with the Buyer that the Seller and any person claiming, whether in law or in equity, through or under the Seller’s permission, any interest in the Intellectual Property or any part thereof, shall, from time to time or at any time at the request of the Buyer, do and execute or cause to be done and executed at the cost of the Seller, all such acts, deeds and things as may be necessary for more perfectly, properly and completely selling/transferring and assuring to the Buyer all the rights, title, and interest of the Seller in or to the Intellectual Property.
Sale of Intellectual Property. 3.1 ARP sells GAMMACAN full title free from any right of any third party, sole and exclusive, non-revocable, perpetual, royalty free, to all Business Assets in consideration for US$100,000 (the "Purchase Price") to be paid by the issuance of ordinary shares of GAMMACAN equal to 12.5% of the issued and outstanding shares of GAMMACAN at a par value of 0.01 NIS each, (the "Shares").
3.2 ARP shall not be entitled to any further consideration of money or money's worth.
3.3 Upon the confirmation of Advocate Xxx Xxxxx, having the signed issuance documents enabling the registration of the Shares, ARP shall assign and transfer all Business Assets to GAMMACAN and shall sign any documents related thereto.
Sale of Intellectual Property. 2.1 Seller agrees that {iht /xxxx} has the authority to transfer this Intellectual Property, and further agrees that selling the Intellectual Property means that from the date of this agreement, Seller has no further claims to the Intellectual Property.
2.2 Seller agrees that the description of the Intellectual Property here (and on any included schedules or attachments) is accurate and thorough, and that no facets of the Intellectual Property have been left out of this agreement.
2.3 Seller agrees to transfer any and all rights to the Intellectual Property, which will give Buyer the right to, among other things, exploit the Intellectual Property for profit. Seller agrees that {iht /xxxx} has no further rights to the Intellectual Property, and {iht /xxxx} will not make any further profit, or any other kind of gain or benefit, as a result of a connection to the Intellectual Property, unless otherwise specified in the below paragraph.
2.4 As such, the sale price of the Intellectual Property is , to be paid
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.
