Common use of Grant of Call Option Clause in Contracts

Grant of Call Option. Party A hereby grants Party B an irrevocable and exclusive call option (the “Option”), whereby Party B and/or any person nominated by Party B may purchase at any time during the Term of the Option (as defined below) the Trademarks, Domain Names from Party A the registered trademarks, domain names, copyrights and patents as set forth in the Schedule to this Agreement and all trademarks, domain names, copyrights and patents applied for registration after Party A’s execution of this Agreement, (collectively, “Intellectual Properties”), subject to the terms and conditions of this Agreement.

Appears in 3 contracts

Samples: Properties Purchase Option Agreement (Xunlei LTD), Properties Purchase Option Agreement (Xunlei LTD), Properties Purchase Option Agreement (Xunlei LTD)

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