Common use of Assignment Consideration Clause in Contracts

Assignment Consideration. 2.1 In consideration of the sum of £1, receipt of which the Assignor now acknowledges, The Assignor hereby irrevocably assigns to the Assignee, with full title guarantee, all of the Assigned Rights. 2.2 The Assigned Rights are assigned for the whole term of such rights together with all reversions, revivals, extensions and renewals. 2.3 The rights assigned under this Paragraph 2 include the right to bring proceedings in respect of and recover any damages or benefit from any other remedies in respect of, any infringement of the Assigned Rights whether occurring before, during or after the date of this Agreement.

Appears in 2 contracts

Sources: Assignment of Copyright, Assignment of Copyright