Patent Assignment definition

Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

Patent Assignment shall have the meaning specified in Section 3.2(c).

Patent Assignment means the Patent Assignment attached hereto as Exhibit C.

Examples of Patent Assignment in a sentence

• The execution and delivery of this Agreement and the Patent Assignment and the consummation of the transactions contemplated hereby and thereby have been duly authorized by the Board of Directors and all other necessary corporate actions on the part of Seller, including the shareholders, to the extent required.

• This Agreement (including the Exhibits) and the Patent Assignment constitute the entire agreement of the parties and supersedes all other prior or contemporaneous agreements and understandings, both written and oral, among or between the parties with respect to the subject matter hereof.

• This Agreement and the Patent Assignment have been duly executed and delivered by the Buyer, and constitute legal, valid and binding obligations of Buyer, enforceable in accordance with their terms.

• This Agreement and the Patent Assignment have been duly executed and delivered by the Seller, and constitute legal, valid and binding obligations of Seller, enforceable in accordance with their terms.

• Nor shall anything contained in the Patent Assignment or the Trademark Assignment be deemed to prevent or extend the time of attachment or perfection of any security interest in such Collateral created hereby.

More Definitions of Patent Assignment

Patent Assignment has the meaning set forth in Section 1.6(b)(iii).

Patent Assignment means the Patent Assignment Agreement to be executed and delivered at the Closing by Seller and Buyer, in the form attached hereto as Exhibit A.

Patent Assignment means a Patent Assignment, to be dated the Closing Date, executed by the applicable Asset Seller(s), substantially in the form of Exhibit B.

Patent Assignment each patent collateral assignment agreement pursuant to which Borrower and/or any one or more Borrowing Base Guarantors, as applicable, assigns to Agent, for the benefit of Secured Parties, Borrower’s and/or such Borrowing Base Guarantor’s interests in its patents, as security for the Obligations.

Patent Assignment means that certain Assignment of Patents in substantially the form attached hereto as Exhibit B.

Patent Assignment is defined in Section 2.3(a).

Patent Assignment shall have the meaning set forth in Section 2.5(a)(ii).