Examples of Transferor Company in a sentence
As part of the Scheme, the Transferee Company shall have the right to use the ‘NIIT’ and ‘Stackroute’ brands, in perpetuity from the Appointed Date, without payment of any royalty to the Transferor Company.
The Transferor Company will, if reasonably necessary, also be a party to the above.
The Transferor Company and the Transferee Company may enter into agreements in relation to the aforementioned arrangements for the ‘NIIT’ and ‘Stackroute’ brands.
As part of this Scheme, the Transferor Company shall have the royalty free economic right to use, as a licensee, the Intellectual Property set out in Schedule III, in perpetuity from the Appointed Date, in accordance with such terms and conditions as may be mutually agreed.
The Transferee Company shall, under the provisions of this Scheme, be deemed to be authorized to execute any such writings on behalf of the Transferor Company and to carry out or perform all such formalities or compliances referred to above on the part of the Transferor Company to be carried out or performed.