Title and Licenses. Seller shall furnish to buyer at Closing a Xxxx of Sale and Transfer of the Property in fee simple, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except that the accounts payable and outstanding debts and liabilities of Xxxxx Massif Hospital Corporation (the “Company”), reflected in the List of Liabilities as defined below, shall remain with Xxxxx Massif Hospital Corporation, with the exception of Excluded Liabilities as defined below. Seller and Purchaser shall cooperate to effectuate any necessary transfer of the hospital licenses for the South Hampton Community Hospital to Purchaser. The Seller will cooperation in any reasonable arrangement requested by the Purchaser to provide the Company with all of the benefits under such licenses, as if such licenses had been obtained at the Closing date. Seller shall, without further cost or expense to the Purchaser, duly execute, acknowledge and deliver to Purchaser such further documents and take such actions and give such other assurances as the Purchaser may reasonably request in order to effectuate the transactions contemplated hereby and to convey and vest in the Company and the Purchaser, and protect their respective right, title and interest in, the Property, including the Hospital.
Title and Licenses. Title and/or license to use any and all patents, copyrights, trade secrets, trade dress, trademarks, and other proprietary rights in and to Product including, without limitation, software, hardware and other components of Product shall be held, as between the Parties, as specified in this Agreement.
Title and Licenses a. Ownership of and title to the Unit (that is, the hardware) passes to Customer upon delivery to Customer and payment to Dakim. Initial Unit price also includes twenty (20) seat licenses to access and use, and to permit Users to access and use, Software and Content.
Title and Licenses
