Examples of Relevant Rights in a sentence
Buyer hereby irrevocably assumes and agrees to discharge the Assumed Liabilities (including all past, present and future Liabilities associated with, and/or arising out of the Relevant Rights) in accordance with their respective terms and subject to the respective conditions thereof.
The Parties agree that, Party A hereby transfers its title to all of the Target Outdoor Billboards and Relevant Rights of Advertisement Operation as set forth in Article 1 to Party B in consideration of Sixteen Million RMB.
Party A represents that, it is a company duly incorporated in China and currently is the rightful owner of the Target Outdoor Billboards and the Relevant Rights of Advertisement Operation; it has the right to transfer such Target Outdoor Billboards and the Relevant Rights of Advertisement Operation to Party B (which means Party A has right to enter into and to consummate the transaction contemplated hereunder).
Groenzee further unconditionally and irrevocably releases and waives Asia Sixth from the compliance of the notification and other procedural requirements relating to the exercise of Groenzee’s Relevant Rights under the existing foundation agreement of Aral, the charter of Aral or otherwise.
Seller also agreed and covenanted that in the event Seller seeks to sell, assign, transfer or license any of its Relevant Rights to a third party after the Closing, pursuant to which transaction such third party would acquire a right to claim that any of the Covered Parties is infringing such Relevant Rights, Seller shall (i) notify Buyer of such proposed transaction and (ii) shall obtain the written undertaking by such third party to abide by the terms of this covenant.