Common use of Transmittal Clause in Contracts

Transmittal. Within twenty (20) calendar days following the later of the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by Seller, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may request, and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaser, additional documents based on Purchaser's review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's representative promptly if and after such originals are located and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's efforts to locate such unavailable original documents and details regarding how delivered copies were obtained.

Appears in 1 contract

Samples: Patent Purchase Agreement (CUI Global, Inc.)

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Transmittal. Within twenty (20) calendar days following the later of the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by Seller, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may request, and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaser, additional documents based on Purchaser's ’s review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's ’s review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's ’s representative promptly if and after such originals are located and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's ’s efforts to locate such unavailable original documents and details regarding how delivered copies were obtained. *Filed under an application for confidential treatment.

Appears in 1 contract

Samples: Patent Purchase Agreement (Wegener Corp)

Transmittal. Within twenty (20) calendar days following the later of the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by Seller, Seller will send to Purchaser, or its legal counselPurchaser the Assignment Agreements, the items identified on Exhibit D List of Prosecution Counsel, the Docket, the Prosecution History Files, and all other files and original documents (including, without limitation, Letters Patent, assignments, and other documents necessary to establish that Seller's representations and warranties of Section 6 are true and correct) relating to the Patents and/or the Abandoned Assets ("Initial Deliverables"); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may request, request and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaserdeliver, additional documents reasonably necessary to establish that Seller's representations and warranties of Section 6 are true and correct, based on Purchaser's review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the "Deliverables"), and that as a result of Purchaser's review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), Purchaser both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and or B or Exhibit Cboth); provided, however, that as to the Abandoned Assets, the Deliverables shall be limited to such information and documents as are available to Seller without undue effort or expense. To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals Purchaser requests any additional documents, Purchaser will use reasonable efforts to make any such requests for additional documents within fifteen (15) business days after Purchaser's receipt of the Deliverables Initial Deliverables. If more requests for additional documents are not available and delivered made, Purchaser will use reasonable efforts to Purchaser prior to Closing, Seller will cause make any such requests for additional documents within ten (i10) such originals business days of the Deliverables to be sent to Purchaser or Purchaser's representative promptly if receipt of any additional documents in response to such requests. Purchaser understands that Seller desires that this transaction be closed as soon as possible and after such originals are located Purchaser therefore agrees that any requests for the additional documents shall be made in good faith and (ii) Seller will deliver to Purchaser a declaration, executed under penalty not for the purposes of perjury, detailing Seller's efforts to locate such unavailable original documents and details regarding how delivered copies were obtained.delay

Appears in 1 contract

Samples: Patent Purchase Agreement (Blonder Tongue Laboratories Inc)

Transmittal. Within twenty (20) calendar days following the later of the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by Seller, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may request, and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaser, such additional documents as are reasonably available to Seller and are requested by Purchaser, based on Purchaser's ’s review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's ’s review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's ’s representative promptly if and after such originals are located or after such originals become available to Seller, and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's ’s efforts to locate such unavailable original documents and details regarding how delivered copies were obtained.

Appears in 1 contract

Samples: Patent Purchase Agreement (InfoLogix Inc)

Transmittal. Within twenty (20) calendar days following the later of Prior to the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by SellerDate, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may requestrequest prior to the Effective Date, and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaser, additional documents based on Purchaser's ’s review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's ’s review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's ’s representative promptly if and after such originals are located and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's ’s efforts to locate such unavailable original documents and details regarding how delivered copies were obtained. [***] Confidential material redacted and filed separately with the Commission.

Appears in 1 contract

Samples: Patent Purchase Agreement (Dataram Corp)

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Transmittal. Within twenty (20) calendar days following the later of the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by Seller, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may request, and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaser, additional documents that are reasonably required, in Purchaser’s reasonable discretion, based on Purchaser's ’s review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's ’s review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with the mutual written agreement of Seller the parties (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by the mutual written agreement of the parties. If originals (for the items for which originals are specifically required on Exhibit D) of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's ’s representative promptly if and after such originals are located and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's ’s efforts to locate such unavailable original documents and details regarding how any delivered copies of such unavailable original documents were obtained. Deliverables (other than those for which originals are specifically required on Exhibit D) may be provided in electronic or hard copy form. The parties recognize that the Initial Deliverables represent a large volume of material to be produced by Seller over a relatively short period of time and that it is possible some items may be inadvertently overlooked. Such a failure to deliver shall not be considered a breach of this Agreement, provided that (i) Seller has exerted commercially reasonable efforts to produce and deliver all required Deliverables, including, without limitation, Deliverables which Seller locates after the Closing and (ii) Seller will have no obligation to close until all conditions set forth in paragraph 3.3 below, including without limitation, subparagraph 3.3(b), are satisfied.

Appears in 1 contract

Samples: Patent Purchase Agreement (Avistar Communications Corp)

Transmittal. Within twenty (20) calendar days following the later of Prior to the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by SellerDate, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may requestrequest prior to the Effective Date, and Seller will promptly deliver to Purchaser or its legal counsel, as directed by Purchaser, additional documents based on Purchaser's ’s review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's ’s review, the lists of Live Assets on Exhibits A and B and Band the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's ’s representative promptly if and after such originals are located and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's ’s efforts to locate such unavailable original documents and details regarding how delivered copies were obtained.

Appears in 1 contract

Samples: Patent Purchase Agreement (Dataram Corp)

Transmittal. Within twenty (20) calendar days following the later of the Effective Date or the date Purchaser receives a Transmitted Copy of this Agreement executed by Seller, Seller will send to Purchaser, or its legal counsel, the items identified on Exhibit D (the “Initial Deliverables”); provided, however, the Common Interest Agreement will not be required to be executed on behalf of the Seller if there are no pending patent applications included in the Patents. Seller acknowledges and agrees that Purchaser may request, and Seller will promptly deliver to Purchaser or its legal counsel, as reasonably directed by Purchaser, additional documents in Purchaser’s care, custody or control, or to which Seller otherwise has access, based on Purchaser's ’s review of the Initial Deliverables (such additional documents and the Initial Deliverables are, collectively, the “Deliverables”), and that as a result of Purchaser's ’s review, the lists of Live Assets on Exhibits A and B and the list of Abandoned Assets on Exhibit C, may be revised by Purchaser, with mutual agreement of Seller (evidenced by one or more Executed Assignments), both before and after the Closing to conform these lists to the definition of Patents (and these revisions may therefore require the inclusion of additional provisional patent applications, patent applications, and patents on Exhibit A and B or Exhibit C). To the extent any of the Live Assets are removed for any reason, the payment in paragraph 3.4 may be reduced by mutual agreement of the parties. If originals of the Deliverables are not available and delivered to Purchaser prior to Closing, Seller will cause (i) such originals of the Deliverables to be sent to Purchaser or Purchaser's ’s representative promptly if and after such originals are located and (ii) Seller will deliver to Purchaser a declaration, executed under penalty of perjury, detailing Seller's ’s efforts to locate such unavailable original documents and details regarding how delivered copies were obtained.

Appears in 1 contract

Samples: Patent Purchase Agreement (Irvine Sensors Corp/De/)

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