Paragon Assets definition
Examples of Paragon Assets in a sentence
Except as expressly set forth in this Agreement or in an Ancillary Agreement, Paragon and Noble understand and agree that no member of the Noble Group is representing or warranting to Paragon or any member of the Paragon Group in any way as to the Paragon Business, the Paragon Assets or the Paragon Liabilities.
Paragon shall distribute to the Paragon Record Holders an amount (the "Distribution Amount") equal to the Asset Consideration less an amount of $728,000 relating to Paragon's tax obligations with respect to its transfer of the Paragon Assets and receipt of the Asset Consideration (the "Paragon Tax Obligations") and less an amount of $272,000 to be paid into retirement benefit provisions for the Browns.
Optelecom shall pay to Paragon US$2.625 million for the Paragon Assets (the "Asset Consideration").
Optelecom shall license the Paragon Assets to Paragon pursuant to a License Agreement containing terms substantially equivalent to those set forth in the form of agreement which is Attachment C hereto (the "License Agreement").
Optelecom shall acquire all of the intangible assets of Paragon (and such other assets as may be agreed upon by the parties hereto)(the "Paragon Assets") pursuant to an Asset Acquisition Agreement containing terms substantially equivalent to those set forth in the form of agreement which is Attachment A hereto (the "Asset Agreement").