Common use of Asset Clause in Contracts

Asset. Assignor represents and warrants that it is the sole, perpetual (except for the assignment made by Assignor to Assignee under Section 2), and worldwide owner of the Chinese-language game rights to the following to-be developed content: • “Titanic Code”, which is based off of a to-be-developed animated film. • “Special Forces Heroine” (otherwise known as Eastern Angels), which is based off of an animated film. • “108 Heroes 1” (otherwise known as “Water Margin” or “Outlaws of the Xxxxx), which is based off of an animated film. • “108 Heroes 2” (otherwise known as “Water Margin” or “Outlaws of the Xxxxx), which is based off of an animated film. • “Knights in Paradise” (otherwise known as “Peak Time”) which is based off of an animated film. • “The Dog Movie” (Chinese title: 福犬归家路) which is based off of an animated film. The abovementioned contents are herein referred to collectively as the “Asset” or “Assets”.

Appears in 2 contracts

Samples: Game Rights Assignment Agreement, Game Rights Assignment Agreement (You on Demand Holdings, Inc.)

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